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  • Nidec Machine Tool Launches Newly Developed, Compact & Powerful Universal Head - A Light, Thin, Short and Small Product Capable of Meeting Various Machining Needs -

    - 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, Shiga Pr

  • Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Takisawa Machine Tool Co., Ltd. (“Takisawa”) has passed a resolution at its extraordinary general meeting of shareholders held on January 12, 2024, to consolidate 900,000 of its common shares into one, and that the consolidation has taken effect today. With this share consolidation, Takisawa has become a wholly owned

  • 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 reconstructio

  • Nidec Instruments Develops Contactless IC Card Reader for Transaction Applications

    Nidec Instruments Corporation (the “Company”), a wholly owned subsidiary of Nidec Corporation, today announced its newly developed compact, contactless IC card reader, ICMOMO-2090, for credit card- and electronic money-based transactions.
    Nidec Instruments’ Latest Contactless IC Card Reader, ICMOMO-2090
    Japan’s Ministry of Economy, Trade and Industry announced that the rate of cashless trans

  • Nidec India Holds Opening Ceremony of Its Neemrana Factory’s Second Building

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that Nidec India Private Limited (“Nidec India”), a wholly owned subsidiary of the Company, has held an opening ceremony of the new, second building of its existing factory in Neemrana, Rajasthan, in the Republic of India (“India”).
    Attendees pose for a photo at the new building’s opening ceremony
    1. Outline of the

  • Nidec Advance Technology Vietnam Co., LTD. Started operation

    Nidec Advance Technology (Vietnam) Corporation, a subsidiary of Nidec Advance Technology Corporation, was established in March 2023 in Thang Long Industrial Park, Vinh Phuoc Province, Vietnam, and began operations in June of the same year.The interior construction of the plant and the delivery of equipment have now been completed, and manufacturing will begin on December 1st.
    1. Background of t

  • Investment in Gore Street Energy Storage Fund PLC, an operator of energy storage systems, for strategic partnership through Nidec’s subsidiary

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) has announced that we will complete an investment of 15.8 million GBP in Gore Street Energy Storage Fund PLC (“GSF”), an investment trust fund that operates an energy storage system business, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on December 19, 2023 (US time).
    Image of Nidec installed BESS (Bat

  • Nidec Instruments Develops Vacuum-resistant Liquid Crystal Substrate Transfer Robots

    Nidec Instruments Corporation (“Nidec Instruments” or the “Company”), a wholly owned subsidiary of Nidec Corporation, today announced the development of liquid crystal substrate transfer robots that can move their joints in a vacuum environment as freely as in the air.
    In a process to manufacture liquid crystal, organic electroluminescent (EL), and other displays, mother glass substrates are co

  • Nidec Machine Tool Adds Two New Models to The MV-BxII Series, Double-Column Machining Centers with Best-in-class Productivity

    - A wide type MV16BxII, (1.7 x 2.2m) and a long type MV12BxII, (1.3 x 3.0m) are available now.- Both models boast a low environmental load running cost due to their ECO operations
    Nidec Machine Tool Corporation (“Nidec Machine Tool”) (President: Haruhiko Niitani; Head office: Ritto, Shiga), a group company of NIDEC, announced two new models of double-column machining centers, MV16BxII (1.7 x 2.

  • Nidec Instruments Launches High-security Card Reader that Meets International Standard PCI PTS

    Nidec Instruments Corporation (“Nidec Instruments”), a wholly owned subsidiary of Nidec Corporation, today announced the launch of a card reader that meets the latest Ver. 6 of the PCI PTS*1 POI (Payment Card Industry PIN Transaction Security Point Of Interaction) mandated by the PCI SSC (PCI Security Standards Council), the organization jointly established by five globally recognized credit card

  • Nidec Industrial Solutions’ DirectPowerPS high-speed EV Charger Has Achieved UL Certification

    Cleveland, Ohio, November 14, 2023 – Nidec Industrial Solutions, a global leader in power management, proudly announces the successful UL certification of its cutting-edge innovation –the DirectPowerPS DC Fast EV Charger. This achievement marks a significant milestone in Nidec’s unwavering commitment to providing its customers with high-quality, reliable, and safe charging solutions while supporti

  • Notice Regarding the Completion of Purchase and Settlement of Tendered Shares Certificates, etc. in Tender Offer of Takisawa Machine Tool Co., Ltd. (Securities Code: 6121) and its Entry to Nidec Group

    As announced in the press release dated November 14, 2023, “Notice Regarding the Results of the Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)”, in the tender offer conducted by Nidec Corporation in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended) and related laws and regulations (the “Tender Offer”), regarding the common shares

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