Categories: corporate

Nidec Conversion, a Division Under Nidec Corporation’s Motion & Energy Business Unit, Announces Its Sustainability Promotion Plan

15 July 2025 04:05

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Nidec Conversion, a division under the Company’s Motion & Energy Business Unit, has unveiled its sustainability promotion plan from 2025 – 2028.
■ How Nidec Corporation promotes sustainability
To fulfill its mid- and long-term mission of “Contribute to the Earth with World-leading Motors,” Nidec Corporation

Nidec India Holds a Groundbreaking Ceremony for its Neemrana Factory’s Third Building

20 May 2025 02:39

Nidec India Private Limited (“Nidec India” or the “Company”), a subsidiary of Nidec Corporation, announced today that it has held a groundbreaking ceremony for a new (third) building of its existing factory in Neemrana, Rajasthan in the Republic of India (“India”)
The scene of the groundbreaking ceremony
1.Outlook of the groundbreaking ceremony
Time & date: 10:30 – 12:00 on Monday, Ma

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2025

24 April 2025 04:57

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, 2025.
The highlights are as follows:
Record-high full-year financial results
Full-year consolidated net sales, operating profit, profit before income taxes and profit attributab

Nidec Enhances Its Taiwanese Operations amid the Increasingly Vibrant AI Server Market

18 April 2025 02:42

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced it has moved its Taiwan Office to a new location (app. a five-minute wlak from Taipei Station) as the Company enhances its sales and R&D systems to propose thermal solutions that meet the growing needs of its customers in the recent AI sever market.
1. Accommodating short delivery lead time
As product

Nidec Corporation Signs the Women's Empowerment Principles (WEPs)

7 April 2025 00:00

Mitsuya Kishida, Representative Director and President CEO of Nidec Corporation (hereinafter referred to as "the Company"), has announced that he has endorsed the "Women's Empowerment Principles (WEPs)," a set of action principles for actively promoting women's empowerment, and has signed a statement declaring the Company’s commitment to acting based on the WEPs. By supporting and acting in accord

Nidec Precision Executes Agreement to Transfer Its Shares in Nidec Precision Yamada

31 March 2025 00:00

NIDEC CORPORATION (TSE: 6594; OTC US: NJDCY) and NIDEC PRECISION CORPORATION (“NIDEC PRECISION” or the “Company”) announced today that, at a meeting of the Board of Directors held on March 18, 2025, they resolved to transfer NIDEC PRECISION’s shares (approximately 68.4%) in NIDEC PRECISION YAMADA CORPORATION (the “Target Company”), a subsidiary of the Company and joint venture with APIC YAMADA COR

Notice regarding a Meeting Held with the Management and Special Committee of Makino Milling Machine Co., Ltd. (Securities Code: 6135)

4 March 2025 00:00

As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange

Nidec Corporation Completed Procedure Required under Italian Legislative Decree No. 21/2012 regarding Tender Offer Bid for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

3 March 2025 03:44

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, on February 27, 2025 (Italy time), the Company has obtained from the Italian Prime Minister's Office an unconditional approval under Italian Legislative Decree No. 21/2012 (Foreign Investment Regulations) – one of the permits and approvals for this case required for a series of transactions for the purpo

Request regarding the Press Release by Makino Milling Machine Co., Ltd. “Makino Milling Machine’s Opinions regarding Nidec Corporation’s Press Release, ‘Report on the Progress After the Release of Nidec's Letter of Intent and on Nidec's Opinion’ ’’

27 February 2025 21:26

In its press release, “Report on the Progress After the Release of Nidec's Letter of Intent and on Nidec's Opinion” datedFebruary 25, 2025 (“Nidec’s Report”), Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), explained the progress after the Company’s submission of a letter of intent, and its opinions as of the press release, regarding the letter of intent described in the p

Nidec Submits Answers to the Second Questionnaire from Makino Milling Machine Co., Ltd.

14 February 2025 04:01

As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange

Notice regarding Nidec’s Receipt of Second Request Letter from Special Committee of Makino Milling Machine Co., Ltd.

23 January 2025 01:02

As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange

Nidec Corporation Completed Procedure Required under US Hart-Scott-Rodino Antitrust Improvement Act of 1976 regarding Tender Offer Bid for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

22 January 2025 22:04

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, at 11:59 p.m. on January 21, 2025 Eastern Standard Time of the United States (or 01:59 p.m. on January 22, 2025 Japan time), the waiting period for the procedure required under the US Hart-Scott-Rodino Antitrust Improvement Act of 1976 – one of the permits and approvals for this case required for a serie

Notice Regarding Nidec Corporation’s Receipt to a Request Letter from the Special Committee of Makino Milling Machine Co., Ltd.

15 January 2025 00:00

As explained in the press release issued on December 27, 2024, Nidec Corporation (the “Company”) decided, as part of a series of transactions (the “Transaction”) aimed at making Makino Milling Machine Co., Ltd. (“Target Company”), a company listed on the Prime Market of the Tokyo Stock Exchange, Inc., a wholly owned subsidiary of the Company, to acquire common shares of Target Company through a te

Nidec Machine Tool’s Chinese Subsidiary Makes Full-scale Launch of Its New Machine Tool Production Factory in Pinghu to Promptly Meet Chinese Market’s Demand for Cars, Robots, Etc.

16 October 2024 03:24

Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”) today announced that the construction of a new factory that Nidec Machine Tool (Zhejiang) Corporation, a subsidiary of the Company, had been building in the city of Pinghu, Zhejiang Province, China, has been completed, and that the factory has launched its full-scale operation, on October 11. Constructed to establish a prompt

Nidec accelerates Commercial Vehicle electrification in India with Ashok Leyland partnership, Indian footprint investments

16 October 2024 03:22

Leaders from Nidec and Ashok Leyland meet in India to sign an agreement to develop new E-Drive for commercial vehicle electrification
From left to right; top to bottom: Anthony Pickering, Greg Gorman, Girish Kulkarni, Glen Feng, Kanakasabapathi Subramanian, Saravanan N, Mahesh Thakar, Wesley David, Michael Briggs, Shenu Agarwal


Nidec Motor Corporation (“NMC”), a 100%-owned subsidiary

The Nidec Group to Build a Technical Center to Exhibit Its Full Lineup of Machine Tools to Offer Manufacturing Solutions as a Comprehensive Machine Tool Manufacturer under the “One Nidec” policy

16 October 2024 03:21

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Nidec Group has decided to construct a technical center to exhibit a comprehensive lineup of its machine tools on Nidec Machine Tool Corporation’s premises in the city of Ritto, Shiga Prefecture.
After the construction is finished in November 2025, this facility is expected to promote Nidec as a “comprehensive

Nidec ACIM pushes the boundaries for a more sustainable future

19 September 2024 04:50

Pordenone, 11th September – Nidec Appliance, Commercial and Industrial Motors (ACIM), a Business Unit of Nidec Corporation, has developed a comprehensive Sustainability Strategy that goes beyond corporate commitments, it is rooted in a global imperative that relies on sustainability as a catalyst for innovation and for a more fair, diverse, and carbon-free society.
Since last year, Nidec ACIM h

Nidec Group's CO2 reduction targets have been validated by SBTi

16 September 2024 20:40

Nidec Corporation ("Nidec" or the “Company”) today announced that Nidec Group’s CO2 reduction targets have been validated by the Science Based Targets initiative (SBTi), an international climate change initiative. This validation acknowledges our CO2 reduction targets by FY2030, set in March 2024, as science-based targets aligned with the Paris Agreement's "1.5°C target."

CO2 reduction targ

Nidec Advance Technology Corporation Establishes a Subsidiary in India

30 August 2024 04:00

Nidec Advance Technology Corporation (“Nidec Advance Technology Corporation” or “we”) today announced that it has established a subsidiary, Nidec Advance Technology India Private Limited, in Bangalore, Karnataka State in the Republic of India, for the purposes of, among others, software development for inspection systems, and designing of jigs, and that the new company will commence business opera

Investment in Eve Air Mobility, a manufacturer of electric vertical take-off and landing (eVTOL) aircraft, for strategic partnership through Nidec’s subsidiary

9 July 2024 22:17

Nidec will make a minority equity investment of USD 20M in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation (“NMC”), on July 2, 2024.(EST)

Company Profile
(1) Registration name Eve Holding, Inc. (2) Listing New York Stock E