Latest news

17 November 2021 23:35

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors held on November 18, 2021 (Japan time) (the “Share Purchase”), and that the Company has executed a capit

22 October 2021 05:56

Nidec Machine Tools Launch “MVR-Hx” New Series of Double-Column Machining Centers To accelerate the expansion of its Large-Scale Machine Tool Business

Lineup to cover a wide range of large parts processing for ease of choiceIdeal for users who pursue high precision and high efficiency
Ritto City, Japan - Nidec Machine Tool Corporation (President: Kenichi Wakabayashi, Head Office: Ritto City, Shiga Prefecture) will launch the MVR-Hx Series of double-column machining centers on October 12. Following the MVR-Cx series released earlier this month

21 October 2021 05:27

Nidec Machine Tools release "MVR-Cx" - First Product Release since becoming part of Nidec Corporation - First step toward expansion of its Large-Scale Machine Tool Business

Expansion of product lineup with the introduction of new products Responds to a wide range of market needs for processing large parts
Ritto City, Japan - Nidec Machine Tool Corporation (President: Kenichi Wakabayashi, Head Office: Ritto City, Shiga Prefecture) will launch the MVR-Cx series of double-column machining centers as its first new product since becoming a subsidiary of Nidec Corpora

14 October 2021 03:34

Nidec’s Traction Motor System, E-Axle 200kW Model, Drives the First Model of Geely Automobile Group’s Premium EV Brand, Zeekr

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that Ni200Ex, the Company’s 200kW, E-Axle traction motor system, has made its way into ZEEKR 001, an electric vehicle newly released by Chinese auto giant Geely Automobile Group, under its premium brand, “Zeekr.”

Developed based on the SEA (Sustainable Experience Architecture), which is the EV platfo

26 July 2021 05:11

Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
Download the full presentation

Summary of Q1 FY2021

Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit significantly increased 60.3% Y/Y to ¥44.6 billion.
Q1 q

21 July 2021 02:22

Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter referred to as “Foxtron”) of Hon Hai Technology Group in Taiwan.
On March 18, 2021, N

GAC Aion’s Aion Y and Nidec’s Ni100Ex E-Axle model

22 April 2021 02:40

Nidec’s Traction Motor System, E-Axle 100kW Model, Drives GAC Aion’s New EV

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company’s 100kW E-Axle model, Ni100Ex, has made its way into an electric vehicle, Aion Y*1, a new model released by GAC Aion New Energy Automobile Co., Ltd. (“GAC Aion”) in March 2021.

Press contacts

Natsuki Shimoe

Press contact Media Relations media relations newsdesk@nidec.com

Nao Maeda

Press contact Media Relations (China) newsdesk@nidec.com

Mariko Fukui

Press contact Media Relations mari@aaltoin.com / newsdesk@nidec.com