KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2024.
The highlights are as follows:
FY23 consolidated net sales and profit before income taxes stood at record highs.
FY23 operating profit was 163.1 billion yen, as a result of 59
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that a motor that it developed for regenerative system-based battery-assisted bicycles has been adopted for use in FEREMO™, the regenerative power assistance system*1 that Taiyo Yuden Co., Ltd. (“Taiyo Yuden”) produced keeps a bicycle running for up to 1,000km on a single charge*2.
FEREMO™, the regen
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it will enhance its CDU (Coolant Distribution Unit) production line in Thailand, the Company’s manufacturing base for water-cooling modules for servers, to increase the factory’s monthly CDU production capacity from 200 to 7,000 units by June 2024.
The CDU production capacity expansion is in respons
Nidec Drive Technology (“Nidec Drive Technology” or the “Company”), a member of Nidec Corporation’s group companies, announced today that it has added high-end models that boast industry-leading low backlash, noise, and vibration, to the Company’s lineup of the ABLE series, a group of servo motor-dedicated planetary reducers currently on sale.
“ABLE reducer” is the trade name of the group
Nidec Control Techniques announces an extension to its highly flexible general purpose Commander range – the Commander C300 PM. This new variant is designed to build upon the inherent high efficiency of sensorless permanent magnet (PM) motors, reducing running costs while optimising overall system performance.
Commander C300 PM maximises PM motors’ efficient characteristics in variable speed an
Nidec Corporation (hereinafter referred to as “We”) has set new mid- and long-term CO2 reduction targets. We aim to achieve net-zero CO2 emissions for the entire supply chain by FY 2050. By FY 2030, we aim to reduce emissions in Scope 1/2 by 42% compared to FY 2022 and also reduce emissions in Scope 3 by 25% compared to FY 2022.
Nidec Group’s mid- and long-term CO2 reduction targets
Addition
Nidec ASI, part of the Motion & Energy Division of the Nidec Group, has just signed an agreement with Neoen, the leading independent producer of renewable energy in France, for the installation of battery energy storage systems (BESS). The first is located in Finland, near the town of Yllikkälä, the second in Sweden, in the region of Västernorrland. The two orders achieve a turnover of approxi
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has been selected by the UK’s Clarivate Plc, a global information service provider, as a top 100 global innovator for the second consecutive year.
Since 2012, Clarivate Plc annually gives the “Clarivate Top 100 Global Innovator” award to organizations selected as the top 100 revolutionary compani
The collaborative R&D will enable significant industry advancement, building one of the first motors designed specifically for mid-sized eVTOL aircraft
AIR, creator of eVTOLs for the consumer market, today announced its partnership with Nidec Motor Corporation, a leading manufacturer of commercial, industrial, and appliance motors and controls, to develop the motor for the production model
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has passed a resolution in an extraordinary meeting of the Board of Directors held on February 14, 2024 regarding the Company’s new Chairman and President, and on changes in its representative Directors.
1.Reasons for the changes
Via a stable succession of business operations and a smooth transfer
Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”), a group company of Nidec Corporation, today announced that it has developed the world’s first high-accuracy polishing (grinding) method to machine internal gears for mass production that are used for automobiles’ drive units and transmissions and for robots’ joints. While there are already high-accuracy polish-machining method
- A Universal Head that is approximately 80% in size of conventional products but that still possesses industry-leading high-speed machining
- A Universal Head contributes to automated machining system and saves manpower of cast heavy duty cutting to high-precision mold finishing
Nidec Machine Tool Corporation (represented by Mr. Haruhiko Niitani, president, and headquartered in Ritto, Shig
