Nidec

Nidec Corporation (ニデック株式会社, Nidekku Kabushiki gaisha), formerly known as Nippon Densan Corporation (日本電産株式会社, Nihon Densan Kabushiki gaisha), is a Japanese manufacturer and distributor of electric motors. Their products are found in hard-disk drives, electric appliances, automobiles and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives.

Nidec Corporation
Native name
ニデック株式会社
Nidec kabushiki gaisha
Company typePublic KK
TYO: 6594
TOPIX 100 Component
IndustryElectronic components
FoundedJuly 23, 1973 (1973-07-23)
Headquarters338 Kuzetonoshiro-cho, Minami-ku, Kyoto 601-8205, Japan
Key people
Shigenobu Nagamori (CEO)
Products
  • Small precision motors
  • Automotive motors
  • Home appliance motors
  • Commercial and industrial motors
  • Motors for machinery
  • Electronic and optical components
Revenue US$11.15 billion (FY 2017) (JPY 1199.3 billion) (FY 2017)
US$1.04 billion (FY 2017) (JPY 111.7 billion) (FY 2017)
Number of employees
Nidec Corporation: 2,392 (as of March 31, 2017) Consolidated: 107,062 (as of March 31, 2017)
WebsiteOfficial website
Footnotes / references

The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively.

As of 2017, the company has 296 subsidiaries companies located across Japan, Asia, Europe and the Americas. Nidec is listed on the first section of the Tokyo Stock Exchange and is a constituent of the TOPIX 100 stock market index.

The company was number 42 on the 2005 edition of the Businessweek Infotech 100 list. Also Nidec was featured on the 2014 Forbes World's Most Innovative Companies list.

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