OverviewSuggest Edit

Nidec Corporation (日本電産) is a company engaged in the development, manufacturing, and sales of electric motors. It offers home appliances, industrial motors, as well as automotive and electric vehicle products, inspection and measuring equipment, sensors, molding components, and other motor-related products.

TypePublic
Founded1973
HQKomaki, JP
Websitenidec.com
Employee Ratings3.5
Overall CultureD+

Latest Updates

Employees (est.) (Mar 2021)112,551(-3%)
Job Openings238
Revenue (FY, 2019)¥1.5 T(+2%)
Share Price (Nov 2021)¥12.8 K
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Key People/Management at Nidec

Shigenobu Nagamori

Shigenobu Nagamori

Founder, Representative Director, Chairman and Chief Executive Officer
Hiroshi Kobe

Hiroshi Kobe

Vice Chairman and CSO
Toshihiko Miyabe

Toshihiko Miyabe

First Senior Vice President
Kazuya Murakami

Kazuya Murakami

Member of the Audit & Supervisory Board
Akira Sato

Akira Sato

First Senior Vice President and CPO
Hiroyuki Ochiai

Hiroyuki Ochiai

Member of the Audit & Supervisory Board
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Nidec Office Locations

Nidec has offices in Komaki, Aishō, Hamamatsu, Hiroshima and in 97 other locations
Komaki, JP (HQ)
6368 Nenjozaka, Okusa
Aishō, JP
248 Nakajuku
Hamamatsu, JP
3F,Nihonseimeihamamatsuekimae Bldg. 325-6 Sunayamacho Naka-ku
Hiroshima, JP
3-chōme-5-7 Futabanosato, Higashi-ku
Iida, JP
2254-303 Kiribayashi
Itabashi City, JP
2-chōme-18-10 Shimura
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Nidec Financials and Metrics

Nidec Revenue

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Nidec's revenue was reported to be ¥1.53 t in FY, 2019 which is a 1.1% increase from the previous period.
JPY

Revenue (Q1, 2020)

336.9b

Gross profit (Q1, 2020)

73.3b

Gross profit margin (Q1, 2020), %

21.7%

Net income (Q1, 2020)

20.7b

EBIT (Q1, 2020)

28.1b

Market capitalization (10-Nov-2021)

7.5t

Closing stock price (10-Nov-2021)

12.8k

Cash (30-Jun-2020)

185.7b

EV

7.9t
Nidec's current market capitalization is ¥7.5 t.
Annual
JPYFY, 2017FY, 2018FY, 2019

Revenue

1.5t1.5t1.5t

Revenue growth, %

24%2%1%

Cost of goods sold

1.1t1.2t1.2t

Gross profit

357.2b344.0b333.9b
Quarterly
JPYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

383.8b393.8b376.7b360.9b390.4b408.3b336.9b

Cost of goods sold

288.3b294.0b293.5b281.0b301.4b318.5b263.6b

Gross profit

95.5b99.8b83.2b79.9b89.0b89.8b73.3b

Gross profit Margin, %

25%25%22%22%23%22%22%
Annual
JPYFY, 2017FY, 2018FY, 2019

Cash

265.9b242.3b207.0b

Accounts Receivable

388.7b371.1b394.2b

Inventories

227.8b255.7b278.2b

Current Assets

918.1b919.5b933.6b
Quarterly
Annual
JPYFY, 2017FY, 2018FY, 2019

Net Income

132.1b111.5b61.3b

Depreciation and Amortization

68.4b70.7b86.9b

Inventories

(24.9b)(13.9b)3.0b

Accounts Payable

47.8b(27.4b)(24.1b)
Quarterly
JPYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

37.6b78.9b103.9b4.1b28.8b51.9b20.6b

Depreciation and Amortization

16.4b33.9b53.0b19.1b39.8b62.5b23.7b

Inventories

(12.7b)(19.3b)(32.7b)(4.2b)678.0m(8.6b)(5.4b)

Accounts Payable

(8.1b)(10.1b)(13.8b)2.0b1.9b10.8b(20.4b)
JPYFY, 2018

Revenue/Employee

13.8m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Nidec Operating Metrics

FY, 2017FY, 2018FY, 2019

Annual Orders

¥1.51 t¥1.52 t¥1.54 t

Balance of Orders Received

¥244.92 b¥246.38 b¥237.44 b

Balance of Orders Received (Other)

¥67.8 b¥87.77 b¥68.63 b

Orders (Other)

¥464.77 b¥506.04 b¥513.71 b
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Nidec Acquisitions / Subsidiaries

Company NameDateDeal Size
Roboteq Inc.December 03, 2019
OMRON Automotive Electronics Co. LtdOctober 31, 2019
Embraco, Whirlpool Corporation’s Compressor BusinessJuly 02, 2019
Systeme + Steuerungen GmbHFebruary 05, 2019
DESCH Antriebstechnik GmbH & Co. KGJanuary 31, 2019
CIMA S.p.A.July 03, 2018
MS-Graessner GmbH & Co. KGMarch 09, 2018
Genmark Automation, Inc.January 05, 2018
Xpert GmbHNovember 30, 2017
SV Probe Pte. LtdOctober 31, 2017
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Nidec Revenue Breakdown

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Nidec revenue breakdown by business segment: 36.2% from Appliance, Commercial and Industrial Products, 21.3% from Automotive Products, 27.4% from Small Precision Motors, 10.4% from Machinery and 4.7% from Other

Nidec revenue breakdown by geographic segment: 20.1% from U.S.A., 8.2% from Thailand, 18.2% from Japan, 7.7% from Germany, 21.8% from China, 21.5% from Other and 2.4% from Other

Human Capital Metrics

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Nidec Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Nidec Online and Social Media Presence

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Nidec Company Culture

  • Overall Culture

    D+

    61/100

  • CEO Rating

    C+

    70/100

  • Compensation

    D

    55/100

Learn more on Comparably

Nidec News and Updates

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors held…

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

KYOTO, Japan, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common …

Notice Regarding the Status of Own Share Repurchase

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 25, 2021, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of…

Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2021 and Raises Full-Year Financial Forecast

KYOTO, Japan, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced differences between its financial forecast for the six months ended September 30, 2021 (previously announced on July 21, 2021) and the actual financial results released toda…

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2021

KYOTO, Japan, Oct. 26, 2021 (GLOBE NEWSWIRE) -- 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, 2021 through September 30, 2021.

Financial Results (April-September 2021)

Consolidated Financial Results for the Six Months ended September 30, 2021 (April 1, 2021 to September 30, 2021)
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Nidec Frequently Asked Questions

  • When was Nidec founded?

    Nidec was founded in 1973.

  • Who are Nidec key executives?

    Nidec's key executives are Shigenobu Nagamori, Hiroshi Kobe and Toshihiko Miyabe.

  • How many employees does Nidec have?

    Nidec has 112,551 employees.

  • What is Nidec revenue?

    Latest Nidec annual revenue is ¥1.5 t.

  • What is Nidec revenue per employee?

    Latest Nidec revenue per employee is ¥13.6 m.

  • Who are Nidec competitors?

    Competitors of Nidec include Dana, Murata Manufacturing and Schaeffler.

  • Where is Nidec headquarters?

    Nidec headquarters is located at 6368 Nenjozaka, Okusa, Komaki.

  • Where are Nidec offices?

    Nidec has offices in Komaki, Aishō, Hamamatsu, Hiroshima and in 97 other locations.

  • How many offices does Nidec have?

    Nidec has 109 offices.