Press release -
Determination of Assistance for Damage Caused by the 2024 Noto Earthquake
We would like to express our deepest condolences to those who lost their lives in the Noto Earthquake of 2024, which occurred on January 1, 2024, and our deepest sympathies to all those who were affected by the disaster and to all concerned.
We will donate a total of 10 million yen through the Japanese Red Cross Society to support those affected by the earthquake and to help with reconstruction efforts in the affected areas. In addition, our group employees will also be making a fund-raising campaign.
We sincerely hope for the earliest possible recovery of the affected areas.
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Nidec was established in Kyoto, Japan in 1973 by its Chairman Shigenobu Nagamori. In 1979, Nidec became the first company in the world to successfully commercialize a direct drive spindle motor for HDDs based on a brushless DC motor. Since then, the company has grown into a world-leading comprehensive motor manufacturer encompassing more than 300 subsidiaries employing over 100,000 people throughout the world and with annual sales exceeding $13B. Nidec's motors, drives, generators and related products are found in a diverse range of applications including computers, smartphones, home appliances, automobiles, manufacturing plants, robots and more.
