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 2020)117,206(+8%)
Revenue (FY, 2019)¥1.5 T(+2%)
Share Price (Jan 2021)¥14.2 K(+5%)
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 (19-Jan-2021)

8.3t

Closing stock price (19-Jan-2021)

14.2k

Cash (30-Jun-2020)

185.7b

EV

8.7t
Nidec's current market capitalization is ¥8.3 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
Show all financial metrics

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)

¥67.80 b¥87.77 b¥68.63 b

Orders (Other)

¥464.77 b¥506.04 b¥513.71 b
Show all operating metrics

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

78/100

SecurityScorecard 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 Corporation Files Patent Infringement Lawsuit against Seagate Technology LLC and Its Affiliates concerning Hard Disk Drive Inventions

KYOTO, Japan, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (Nidec) filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates (Seagate) on January 18, 2021 in the United States District Court for the District of Delaware, alleging that certain of Seagate products …

Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

KYOTO, Japan, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced an upward revision to its IFRS-based consolidated financial forecasts for the year ending March 31, 2021, previously announced on July 21, 2020.

Electric Oil Pump 2020 Global Market Key Players – Nidec Corp, SHW Group, FTE automotive, AISIN SEIKI - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Electric Oil Pump Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday

Micro Brushless DC Motors 2020 Global Market Key Players – Nidec, Maxon Motor, Johnson Electric, Telco - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Covid-19 Impact on Micro Brushless DC Motors Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2020

KYOTO, Japan, July 21, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2020.

Vibrator Motor Market 2017-2027 Latest Technology Trends and Future Scope with Top Key Players- Nidec Corporation,AAC Technologies,Samsung,KOTL,Sanyo,DMEGC,JAHWA

Future Market Insights has announced the addition of the “Vibrator Motor Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027 " report to their offering Upcoming Posted via Industry Today. Follow us on Twitter @IndustryToday

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 Dana, Schaeffler and Murata Manufacturing.

  • 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.