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Topics: Industry, manufacturing

  • Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 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 period of April 1, 2023 through December 31, 2023.
    The highlights are as follows:
    We achieved record-high nine months consolidated net sales, operating profit, profit before income taxes and profit attributabl

  • 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 Precision Corporation is selling motors on Amazon

    NIDEC PRECISION CORPORATION are selling some of our motors on Amazon.
    Handling site : The United States and Japan
    In order to make your purchases with confidence, we have established stores with registered Nidec brands on each Amazon site. You can view our motors for sale by category.
    ◆The US site store : https://www.amazon.com/stores/...
    【Amazon’s NIDEC PRECISION site top screen】
    &

  • 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

  • Nidec Drive Technology to Exhibit Its Products at International Robot Exhibition 2023

    Nidec Drive Technology Corporation (“Nidec Drive Technology” or the “Company”), a member of Nidec Corporation’s group companies, announced today that it will exhibit its products at International Robot Exhibition (iREX) 2023, a largest robot-exclusive exhibition in the world, to be held at Tokyo Big Sight (Tokyo International Exhibition Center) from Wednesday, November 29 – Saturday, December 02,

  • Nidec Drive Technology Develops Smart-FLEXWAVE, the World’s First Precision Reducer with Multiple Built-in Sensors

    Nidec Drive Technology Corporation (“Nidec Drive Technology” or the “Company”), a member of Nidec Corporation’s group companies, announced today that it has developed Smart-FLEXWAVE, the world-first product that combines FLEXWAVE, an existing precision control reducer for robots and machine tools, with built-in torque, temperature, and angle sensors.
    FLEXWAVE, the currently available precision

  • Nidec Drive Technology Develops New Precision Reducer, KINEX

    Nidec Drive Technology Corporation (“Nidec Drive Technology” or the “Company”), a member of Nidec Corporation’s group companies, announced today that it has developed a new precision reducer, KINEX, expanding its lineup of precision-control reducers.
    KINEX, a highly rigid precision reducer composed of inscribed planetary gears, can be installed as a servo motor reducer for any application such

  • Nidec Instruments Develops Hydrophilic Coat for Automotive Lenses

    Nidec Instruments Corporation (“Nidec Instruments”), a wholly owned subsidiary of Nidec Corporation, announced today that it has developed hydrophilic coat that improves car drivers’ vision in rainy weather and other environments where automotive cameras’ lenses get wet.
    The unique features of Nidec Instruments’ latest coat include:- Newly developed hydrophilic coating on the surface of lens un

  • Nidec Instruments Develops New Gas Water Heater Pump

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Nidec Instruments Corporation (“Nidec Instruments”), a wholly owned subsidiary of the Company, has newly developed a compact low-vibration and -noise pump for water heaters.
    Nidec Instruments’ Latest Water Heater Pump
    Recent years have witnessed a growing demand for water heater pumps to be not only light and c

  • Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 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 period of April 1, 2023 through September 30, 2023.
    The highlights are as follows:
    First half net sales stood at a record high of ¥1,160.7 billion, 2.6% higher Y/Y. First half operating profit increased 20.1% Y/

  • Nidec Control Techniques 50 years of innovation continues

    The 4th of October signifies a momentous milestone in the history of Control Techniques. It marks 50 years of innovation, growth, and engineering excellence. In half a century we have grown from 3, to over 1900 employees, working in 4 manufacturing sites, 5 R&D sites and 23 drive centers worldwide.
    Control Techniques’ achievements would not have been possible without its customers, so a big

  • Nidec and Embraer receive approval for joint venture to develop Electric Propulsion System for aerospace sector

    Kyoto, Japan, October 6th, 2023 - Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomer

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