Press release -
Nidec Pledges￥7.5 million to support Typhoon No. 19* Relief and Recovery
As we at Nidec Corporation (Hiroyuki Yoshimoto, President and COO) would like to assist in the support of rescue and recovery efforts in the victimized areas, we have today decided to make a donation of JPY 7.5 million.
1.Donation amount: JPY 7.5 million
2.Recipient: Japanese Red Cross Society
We would like to convey our deepest sympathies to the victims of the typhoon along with our sincere wishes for the earliest recovery.
*Typhoon No.19 called “Hagibis” was a large and powerful tropical cyclone that was considered to be the most devastating typhoon to hit the Kantō region of Japan in the past 60 years.
Nidec was established in Kyoto, Japan in 1973 by its Chairman and CEO 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.