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 Ratings3.3
Overall CultureD+

Latest Updates

Employees (est.) (Mar 2020)117,206(+8%)
Job Openings133
Revenue (FY, 2019)¥1.5 T(+2%)
Share Price (Jun 2021)¥12.6 K
Cybersecurity ratingCMore

Key People/Management at Nidec

Hiroyuki Yoshimoto

Hiroyuki Yoshimoto

Executive Vice President
Shigenobu Nagamori

Shigenobu Nagamori

Founder, Representative Director, Chairman and Chief Executive Officer
Mikio Katayama

Mikio Katayama

Executive Vice President and CTO
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
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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
Show all (110)

Nidec Financials and Metrics

Nidec Revenue

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View revenue for all periods
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 (4-Jun-2021)

7.4t

Closing stock price (4-Jun-2021)

12.6k

Cash (30-Jun-2020)

185.7b

EV

7.8t
Nidec's current market capitalization is ¥7.4 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, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

343.1b372.8b390.0b383.8b393.8b376.7b360.9b390.4b408.3b336.9b

Cost of goods sold

258.8b282.4b296.3b288.3b294.0b293.5b281.0b301.4b318.5b263.6b

Gross profit

84.3b90.4b93.7b95.5b99.8b83.2b79.9b89.0b89.8b73.3b

Gross profit Margin, %

25%24%24%25%25%22%22%23%22%22%
Annual
JPYFY, 2017FY, 2018FY, 2020

Cash

265.9b242.3b207.0b

Accounts Receivable

388.7b371.1b394.2b

Inventories

227.8b255.7b278.2b

Current Assets

918.1b919.5b933.6b
Annual
JPYFY, 2017FY, 2018FY, 2020

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, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

28.3b60.4b95.3b37.6b78.9b103.9b4.1b28.8b51.9b20.6b

Depreciation and Amortization

16.1b32.8b51.8b16.4b33.9b53.0b19.1b39.8b62.5b23.7b

Inventories

(6.4b)(17.7b)(27.2b)(12.7b)(19.3b)(32.7b)(4.2b)678.0m(8.6b)(5.4b)

Accounts Payable

9.0b21.7b40.5b(8.1b)(10.1b)(13.8b)2.0b1.9b10.8b(20.4b)
JPYQ1, 2018

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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Nidec Operating Metrics

FY, 2017FY, 2018FY, 2020

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: 21.3% from Automotive Products, 36.2% from Appliance, Commercial and Industrial Products, 10.4% from Machinery, 27.4% from Small Precision Motors and 4.7% from Other

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

Nidec Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Nidec Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Nidec Online and Social Media Presence

Embed Graph

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 Announces Financial Results for Fiscal Year Ended March 31, 2021

KYOTO, Japan, April 22, 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 fiscal year ended March 31, 2021.

Nidec Decides Terms of Senior Unsecured Bonds Denominated in Euro (Green Bond)

KYOTO, Japan, March 19, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the plan to issue senior unsecured bonds denominated in Euro (Green Bond*1) (the “Bonds”) in the overseas securities markets in order to raise funds for the production of t…

Nidec to Supply Motors for Foxconn’s Electric-Vehicle Initiative

Nidec to Supply Motors for Foxconn’s Electric-Vehicle Initiative

報酬委員会設置のお知らせ

当社は、2021 年 2 月 6 日開催の取締役会において、取締役会の任意の諮問機関として報酬委員会を設置することを決議いたしましたので、お知らせいたします

Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufacture…

Embraco Parent Aims to Increase the Promotion of Its R290 Portfolio in Japan’s Commercial Refrigeration Sector.

Nidec Global Appliance, parent of Brazilian propane (R290) compressor manufacturer Embraco, is partnering with Accelerate Japan in anticipation of growing demand for R290-based systems in Japan's commercial food retail sector
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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 Hiroyuki Yoshimoto, Shigenobu Nagamori and Mikio Katayama.

  • How many employees does Nidec have?

    Nidec has 117,206 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 ¥13.1 m.

  • Who are Nidec competitors?

    Competitors of Nidec include FAULHABER, Dana 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 110 offices.