Topics: Industry, manufacturing

  • Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

    Kyoto, Japan – June 18th, 2023 – Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector. The transaction combines the complementary synergies and distinct areas of expertise of two w

  • Nidec Develops New Electric Power Steering Motor Power Pack

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).
    Nidec’s New Column-Type EPS-PP
    Since the 1990’s, Nidec has been developing and manufacturing EPS motors, which are embraced by auto manufacturers around the world today.
    There are two types of EPS: the “colu

  • Nidec and Renesas Collaborate on Semiconductor Solutions for Next-Generation E-Axle for EVs


    June 5, 2023 ―Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Renesas Electronics Corporation (TSE:6723) have agreed to join forces on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates an EV drive motor and power electronics for electric vehicles (EVs).
    Today’s EVs are increasingly adopting the 3-in-1 unit called E-Axle, which integra

  • Nidec Receives “Clarivate Top 100 Global Innovator 2023” Award

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has been selected by the UK’s Clarivate Plc, a global information service provider, as a top 100 global innovator for 2023.
    Since 2012, Clarivate Plc annually gives the “Clarivate Top 100 Global Innovator” award to organizations selected as the top 100 revolutionary companies and institutions leading

  • Opening Ceremony for New Factories in Serbia

    Nidec Corporation (hereinafter referred to as “the Company”) has held an opening ceremony for new factories in Novi Sad, Republic of Serbia (hereinaft referred to as“Serbia”).
    1.Opening ceremony overview【Date】: Thursday, May 18, 2023, 10:00-12:00（local time）【Venue】: Novi Sad city, Serbia　【Main Attendees】: Aleksandar Vučić, President of the Republic of SerbiaTetsuya Tsubota, Charge d'Affaires a

  • INTRODUCING DM-50 : CONTROL TECHNIQUES RELEASE 50TH ANNIVERSARY SHORT FILM

    Control Techniques have been designing and manufacturing quality variable speed drives (VSDs) for electric motors since 1973. Used by customers worldwide for commercial and industrial applications (e.g. Elevators, Robotics, Rollercoasters, and much more).
    There is a reason that Control Techniques have been at the forefront of the drives industry for 50 years. They care about their customers and

  • Nidec Announces Financial Results for Fiscal Year Ended March 31, 2023

    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, 2023.
    The highlights are as follows:
    Net sales stood at a record high of ¥2,242.8 billion, 16.9% higher Y/Y. Operating profit decreased 41.3% Y/Y to ¥100.1 billion due to structural

  • Nidec Advanced Motor Launches Dust- and Water-proof Quiet Fans

    Nidec Advanced Motor Corporation (“Nidec Advanced Motor” or the “Company”) announced today that it has launched new dust- and water-proof quiet fans, the D1225R series.
    The D1225R series, Nidec Advanced Motor’s latest dust- and water-proof quiet fans, employ resin molds for their internal structures, meet the IP68, the highest-level rating for dust, water, and other kinds of resistance, and can

  • Nidec Drive Technology Launches Ultra-flat Actuators with Precision Control Reducer FLEXWAVE

    Nidec Drive Technology Corporation (“Nidec Drive Technology”) announced today that is has launched ultra-flat actuators that house FLEXWAVE, a precision-control reducer, and a motor.
    With society aging and the birthrate declining, there is a growing need for power assisting suits to support people at hard labor, senior citizens, and people with disabilities. Though still small, the power-assis

  • Nidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Precisions

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it passed a resolution in the meeting of the Board of Directors held on March 15, 2023 (Japan time) on the purchase by Nidec Copal Electronics Corporation, a subsidiary of the Company, of all the shares of Midori Precisions Co., Ltd. (“Midori Precisions”), a company that develops, manufacturers, and sells

  • Nidec Sankyo Develops a New Duct Damper for Refrigerators

    Nidec Sankyo Corporation (“Nidec Sankyo” or the “Company”) announced today that it has successfully developed a new duct damper for refrigerators.
    Nidec Sankyo’s new duct damper for refrigerators
    The refrigerator is a product that represents white goods, and its market is expected to grow for a long term as, in recent years, electricity infrastructure is being developed in China, India, and

  • Nidec-Shimpo Launches New Models of FLEXWAVE Precision Control Reducers

    Nidec-Shimpo Corporation (“Nidec-Shimpo”) announced today that it has added adopter-combined gear-head types to its FLEXWAVE series of precision control reducers currently on sale.
    Nidec-Shimpo’s latest FLEXWAVE Gear Head Types
    Since its June 2015 launch of FLEXWAVE precision control reducers for robots and machine tools, Nidec-Shimpo has, as of October 2022, shipped a total of more than one

  • Embraco's new inverter delivers up to 50% energy savings in domestic refrigerators, addressing skyrocketing energy costs

    The new compressor model allows refrigerators manufacturers to achieve the A level in the most stringent energy consumption regulations in the world
    December 2022. Embraco, a global provider of refrigeration technology for the complete residential and commercial cold chain and part of Nidec Global Appliance’s portfolio of brands, has recently started mass production of the VESH variable speed c

  • Nidec-Shimpo Launches Drive Modules for AGVs and AMRs

    Nidec-Shimpo Corporation “Nidec-Shimpo”) announced today that is has newly added direct-current (DC), 24V modules to its product lineup of drive modules for automated guided vehicles (“AGVs”) and autonomous mobile robots (“AMRs”) currently on sale.
    Nidec-Shimpo’s AGV & AMR drive modules(Left)Driver, (Right)Drive
    As demand increases for automated and labor-saving warehouses in logistics,

  • Nidec Machine Tool Launches MV12BxⅡ, a compact, best-in-class, double-column Machining Center that meets “The Machining Needs of All Industries”

    - High-speed rapid traverse and a powerful spindle to improve productivity significantly- Eco-friendly operations that reduce environmental load and running cost
    Nidec Machine Tool Corporation, a Nidec Group company, announced today that it has launched its latest double-column machining center, MV12BxⅡ. Developed based on the concept of meeting “the machining needs of all industries,” this hi

  • Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and its Affiliates

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, in accordance with its November 30, 2022 press release, “Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates,” it has completed the acquisition of all the shares of PAMA S.p.A (“PAMA”) on February 1, 2023.
    Accordingly, PAMA will become a wholly owned

  • Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2022


    KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2022 through December 31, 2022.
    The highlights are as follows:
    Nine months net sales stood at record high of ¥1,699.7 billion, 20.8% higher Y/Y. Nine months operating profit decreased

  • CONTROL TECHNIQUES CELEBRATING 50 YEARS OF INNOVATIVE DRIVE TECHNOLOGY

    2023 sees Nidec Control Techniques and Nidec Corporation Japan celebrate their 50th Anniversary. Reaching their 50th year is not only memorable for both companies but also represents a significant milestone that sets us up for continued growth in the future. We will continue to collaborate with each other as the Nidec Group continues to grow and contribute to society for the next 50 years and beyo

  • Nidec Machine Tool to Take Part in IMTEX 2023 for the First Time as a Nidec Group Company, to Debut Its Machine Tools under the “One Nidec” Policy

    Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”) announced today that it will exhibit its products at IMTEX 2023 (International Machine Tool & Manufacturing Technology Exhibition), which will be held at India’s Bengaluru International Exhibition Centre from January 19 – 25, for the first time as a member of the Nidec Group.
    In this largest machine tool trade fair held

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