Topics: Technology, general

  • Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, the Company passed a resolution on, among others, purchasing the shares of Italian machine tool manufacturer PAMA and its nine affiliates (collectively “PAMA”) (the “Stock Acquisition”) on November 28, 2022 (Japan time). The Company executed a transfer agreement on the Stock Acquisition, etc. on November

  • NIDEC ASI Wins a Contract for the Accumulation of Over 5.4 GWH of Clean Energy Through Implementation of 18 Storage Systems – Making the Italian Peninsula Even Greener

    This new Nidec ASI project is created thanks to sustainable technologies developed entirely in Italy The initiative is a concrete response to REPowerEU, the European Commission’s plan to make Europe independent from fossil fuels well before 2030.
    Milan, October 20, 2022 – Nidec ASI, part of the Energy & Infrastructure Division of the Nidec Group, a group committed to relaunching the econ

  • Nidec Machine Tool to Unveil a New Nozzle with the Largest Gas Shielding Region in the World at formnext2022 in Frankfurt, Germany from November 15th to 18th

    Additionally, visitors can see original “LAMDA Series” 3D Metal Printers Exhibits:among them a sample of a rocket engine nozzle (500mm in diameter, 1mm thick) in exceptional quality
    Engineering experts will be present to explain details about the improved product lineup,such as the new DED-type 5-axis metal 3Ⅾ printer, “LAMDA500”
    Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “C

  • Nidec’s HPD Motor Adopted for Use in ReFa’s New Hair Dryer

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced today that its HPD motor has been adopted as a wind-blowing component in ReFa BEAUTECH DRYER SMART, the latest hair dryer that MTG Co., Ltd. (“MTG”) has launched under its cosmetic brand, ReFa, on November 1, 2022.
    ReFa BEAUTECH DRYER SMART
    Nidec’s HPD motor
    Released by MTG under its cosmetic brand of ReFa

  • Nidec Control Techniques Expands Into Mexico

    THE BEGINNING OF A NEW ERA OF DRIVES PRODUCTION
    Control Techniques and Nidec entered the next exciting phase of its expansion plans for global manufacturing on Wednesday 12th October when they opened a brand-new manufacturing facility in Monterrey, Mexico.
    This bold development signifies the beginning of a new era of drives production and allows them to support their strategic objectives for

  • Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2022

    Nidec Corporation (TSE: 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 September 30, 2022.
    The highlights are as follows:・First half net sales stood at a record high of ¥1,130.8 billion, 24.2% higher Y/Y.・First half operating profit increased 8.1% Y/Y to ¥96.4 billion

  • Nidec Launches Mass Production of Its Second-generation EV Traction Motor System

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced today that is has started the mass production of the second-generation model (“Gen.2”) of its EV traction motor system, E-Axle.
    In April 2019, Nidec became the first tier-1 company in the world to launch the mass-production of E-Axle, the EV traction motor system that combines a motor, a gear, and an inverter (“G

  • Nidec Machine Tool to Launch Its Latest Linear Position Detector Series, MPLS, a High-resolution, Slim and Simple-structured Product Optimum for Compact Machines

    A new design that eliminates the need for scale wiring and A/D converters A new detection pattern to detect all strokes’ absolute values, widening the range of applications Enhanced installation compatibility to cover other companies’ products, ensuring simple installation and better performance
    Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”) announced today that it wil

  • Nidec Comments on Toyo Keizai Online’s Article Published on October 24, 2022

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) noted today that Toyo Keizai Online published an article on October 24, 2022 which, following its October 7, 2022 article, expresses doubts that Nidec is conducting inappropriate processing in the acquisition of treasury stock.
    After receiving a letter of inquiry from Toyo Keizai Inc. regarding the matter in question on Oc

  • Control Techniques is a winner of the POWYS BUSINESS AWARD 2022!

    Control Techniques have triumphed again. This time coming out on top at the Powys Business awards 2022. Control Techniques has its headquarters in Powys, Wales, and winning this local award is a testament to our commitment to operating a global manufacturing business in the heart of rural Wales.
    About the POWYS BUSINESS AWARDSThe Powys Business Awards are designed to showcase the extent of bu

  • Construction of New Factory in Serbia Completed

    Nidec Corporation (hereafter, "the Company") has completed the construction of a new factory in Novi Sad, Republic of Serbia (hereafter, "Serbia").
    １．About the new factory in Serbia
    Due to the tightening of environmental regulations in Europe as well as stricter CO2 emission regulations for automobiles in major countries the demand for our in-vehicle motors is expanding. The Company is there

  • Nidec Comments on Toyo Keizai Online’s Article

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) has noted today that Toyo Keizai Online published an article on October 7, 2022 which expresses doubts that Nidec is conducting inappropriate processing in the acquisition of treasury stock. The article is completely wrong.
    Nidec complies the laws and regulations and is considering legal measures against the media.

  • Commander S, premier micro variateur avec pilotage par application mobile en standard

    Commander S est le nouveau variateur AC de Nidec Leroy-Somer pour usage général. Grâce à un ensemble de fonctionnalités optimisées, Commander S propose une solution fiable et économique avec une installation plug-and play sans configuration compliquée. L’application Marshal incluse de série permet d’interagir de façon inédite avec le variateur par un ensemble de fonctions qui facilitent au maximum

  • Nidec Global Appliance to provide motors and cutting-edge Embraco compressors for Xiaomi’s residential products

    The products equip refrigerators and washing machines for the Chinese consumer market
    September 2022 – The home appliances market has won an innovative partnership. Nidec Global Appliance, a global provider of solutions for the residential and commercial appliances industries, and Xiaomi, one of the world's leading smartphone and hardware manufacturers, closed an agreement that results in the

  • At Chillventa 2022, Embraco shows the stars of its portfolio for commercial refrigeration

    In addition to presenting product launches, the brand reinforces its positioning of having a complete and versatile range of solutions
    September, 2022. Embraco, a global provider of refrigeration technology for the complete residential and commercial cold chain and a Nidec Global Appliance’s brand, is bringing to Chillventa 2022 a portfolio that aims to address the market’s most pressing iss

  • Nidec Machine Tool to Exhibit Its Machines to Process EV Components and Other Products at IMTS2022 in Chicago

    Nidec Machine Tool Corporation announced today that it will exhibit some of its products at IMTS2022 (International Manufacturing Technology Show), the largest machine tool exhibition in the United States. In this event to be held at McCormick Place, Chicago from September 12 – 17, Nidec Machine Tool’s booth, featuring the corporate green color theme, will highlight the company’s integration into

  • Nidec Machine Tool to Exhibit Its Gear Machines at AMB2022 in Germany to Target the European Market

    Nidec Machine Tool Corporation announced today that it will be exhibiting at AMB 2022 (International Exhibition for Metal Working) for the first time. In the event to be held at Messepiazza in Stuttgart, Germany from September 13 – 17, Nidec’s booth, with its distinctive green incorporate color, will introduce the Nidec machine tools.
    Nidec Machine Tool will demonstrate its high-level technic

  • Nidec Machine Tool Expands AM Product Line with the LAMDA500, a Mid-size, Powder DED-type Metal 3D Printer

    - Product development and launch made in collaboration with Nidec OKK - The new machine targets the world leading European and US AM markets
    Ritto, Shiga Prefecture, Japan - Nidec Machine Tool Corporation’s President Kenichi Wakabayashi, announced today that it has launched the LAMDA500, a mid-size model of Nidec’s powder DED-type*1 metal 3D printer series. To accommodate the d

  • Nidec Signs Joint Venture Agreement with Norwegian Semi-Solid Lithium-Ion Battery Manufacturer FREYR Battery

    On August 30, 2022 (Japan Standard Time), Nidec Corporation (“Nidec”) (TSE: 6594; OTC US: NJDCY) signed a joint venture agreement with FREYR BATTERY SA (“FREYR”) (NYSE: FREY), a Norwegian semi-solid lithium-ion battery manufacturer.
    1. Purpose of the agreementFREYR is a lithium-ion battery manufacturer founded in 2018, listed on the New York Stock Exchange in 2021, and planning to start mass pr

  • Nidec Tosok Develops a New Next-generation Electric Oil Pump for Automobiles

    Nidec Tosok Corporation (the “Company” or “we”) has announced today that it has developed a second-generation electric oil pump (“EOP”) as explained below.
    　　　　　             　        Nidec Tosok’s new EOP
    In addition to sending oil to cool drive motors, EOPs are used increasingly frequently to supply lubricant oil to CVT, A/T, and other transmission components when the car’s engine is stoppe

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