History

Shigenobu Nagamori, current Chairman of the board & CEO, established Nippon Densan Corporation (now Nidec Corporation) in Nishikyo-ku, Kyoto with a capital of 20 million yen.

Started production and sales of small precision AC motors.

Opened a sales agent in the U.S.

Relocated its Head Office to Omiya, Nakagyo-ku, Kyoto."

Opened a sales agents in Asia and European countries.

Established a new plant (Kameoka Plant) in Kameoka-city, Kyoto."

Launched full-scale production of brushless DC motors.

Established Nidec America Corp, a locally-incorporated company."

Established Nidec Torin Corp. jointly with Torin Corp., an American fan manufacturer, in order to make full-scale inroads into the fan and blower market.

Started production and sales of small precision AC motors."

stablished the Mineyama Plant in Mineyama-cho, Naka-gun, Kyoto.

Started full-scale production of axial-flow type brushless DC fans."

Relocated its Head Office to Karasuma Oike, Nakagyou-ku, Kyoto."

Acquired the axial-flow fan business from American company Torin Corporation, and established the locally-incorporated company Nidec Torin Corporation in America."

Started production of spindle motors for 3.5-inch hard disk device.

Established the Shiga Plant (currently Shiga Technical Center) in Echigawa-cho (now Aishou-cho), Echi-gu, Shiga.

Opened the Singapore Representative Office.

The company listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange."

Took a stake in DC Pack Co., Ltd., and re-named it Ibaragi Nidec Corp. and moved into the power-supply unit sector.

Established Nidec Singapore Pte. Ltd., a locally-incorporated company.

Took a stake in Shinano Tokki Co., Ltd..

Established Nidec Electronics (Thailand) Co., Ltd., a locally-incorporated company.

Opened the Taiwan Representative Office.

Nidec America Corp. acquired Power General, a U.S. power-supply unit manufacturer.

Established Nidec (Dalian) Ltd., a locally-incorporated company in China.

Established Nidec Taiwan Corp., a locally-incorporated company.

Established Nidec Electronics GmbH, a locally-incorporated company in Germany.

Relocated its Head Office to the company's own building in Nishikyogoku, Ukyo-ku, Kyoto

Acquired Masaka Electronics Co.Ltd.. Merged Ibaragi Nidec Corp. and Masaka Electronics Co.Ltd. to form Nidec Power General Corp, a new company.

Established Nidec (H.K.) Co., Ltd., a locally-incorporated company, as a base for an IPO.

The company took a stake in Kyoritsu Machinery Co., Ltd. by accepting its allocation of new stocks to a third party.

Took a stake in Shimpo Industries Co., Ltd., a leading CVT manufacturer, by accepting its allocation of new stocks to a third party.

Established Nidec Philippines Corp., a locally-incorporated company.

Took a stake in Tosok Corp.

Took a stake in Read Electronics Corp.

Took a stake in Kyori Kogyo Co., Ltd.

Established Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.

Established P.T. Nidec Indonesia, a locally-incorporated company.

Took a stake in Copal Co., Ltd. and Copal Electronics Co., Ltd.

Listed on the first section of the Tokyo Stock Exchange. Listed on the first section of the Osaka Stock Exchange.

Established Shibaura Nidec Corp. through a joint investment with Shibaura Mechatronics Corp. and Toshiba Corp.

Nidec Singapore Pte. Ltd. took a stake in Copal's locally-incorporated company in Malaysia. The company name was changed to Nidec Copal (Malaysia) Sdn. Bhd.

Established Nidec Precision (Thailand) Co.,Ltd., a locally-incorporated company.

Established Nidec General Service Corporation through a joint investment with Nidec Shimpo Corp., Tosok Corp., Copal Co., Ltd., Shibaura Nidec Corp., Nidec-Kyori Corp. and Nidec-Read Corp.

Took a stake in Nemicon Corp.

Established Nidec Korea Corp., a locally-incorporated company.

Took a stake in Y-E Drive Corp."

Nidec Shibaura (Thailand) Co.,Ltd. and Nidec Shibaura Electronics (Thailand) Co.,Ltd. merged (company name became Nidec Shibaura Electronics (Thailand) Co.,Ltd.).

Acquired an HDD motor plant of an American company Seagate technology Inc. in Thailand, and established Nidec Hi-Tech Motor (Thailand) Co., Ltd., a locally-incorporated company.

Established Nidec Precision Philippines Corp., a locally-incorporated company.

Listed on the New York Stock Exchange.

The company opened the Taiwan Technical Center.

Established Nidec System Engineering (Zhejiang) Corp., a locally-incorporated company in China.

Established Nidec (Dongguan) Ltd., a locally-incorporated company in China.

The building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto"

Established Nidec (Shanghai) International Trading Co., Ltd., a locally-incorporated company.

Relocated its Head Office and opened the Central Technical Laboratory.

Took a stake in Sankyo Seiki Mfg. Co., Ltd."

Sankyo Logistics was renamed Nidec Logistics Corp.

Established Nidec Vietnam Corp., a locally-incorporated company.

Established Nidec Automobile Motor (Zhejiang) Corp., a locally-incorporated company in China.

Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company."

Acquired Brilliant Manufacturing Ltd. of Singapore."

Took a stake in Japan Servo Co.,Ltd.

Gliders equipped with Nidec motors participated in the Japan Radio Control Power Glider Championship (F5B) for the first time and won a clean sweep of first, second, and third places."

Established solely owned Nidec Techno Motor Holdings Corporation, and placed Nidec Shibaura Corporation and Nidec Power Motor Corporation under its control.

Opened Shiga Technical Center's new main building.

Nidec Techno Motor Holdings Corporation acquired the home appliance motor business of Appliances Components, an Italian home appliance manufacturer. Started Nidec Sole Motor Corporation S.R.L.

Nidec Electronics (Thailand) Co., Ltd. acquired SC Wado Co., Ltd., a base plate manufacturer owned by Salee Industry Public Company Limited in Thailand.

A glider equipped with a Nidec motor took first place in the World Radio Control Gliders (F5B) Championship.

Established Nidec Motor Corporation by acquiring the Motors & Controls business of Emerson Electric Co., an American company. Established Nidec Motor Holdings Corporation as its holding company.

Established Nidec (Shaoguan) Limited as its manufacturing subsidiary in China.

Established Nidec India Private Limited

Took a stake in SANYO Seimitsu Corp.

Established Nidec Management Shanghai Corporation as its subsidiary for controlling financing of group companies operating in China.

Established SC Wado Component (Cambodia) Co., Ltd. as the first operating base in Cambodia.

Nidec-Shimpo Corporation acquired the Minster Machine Company, the largest press machine manufacturer in the U.S.

Established the Nidec Research and Development Center, Singapore in Singapore.

Acquired Ansaldo Sistemi Industriali S.p.A. of Italy.

Established the Nidec Research and Development Center, Taiwan in Taiwan.

Established Nidec US Holdings Corporation in the U.S. This holdings company acquired Avtron Industrial Automation, Inc.

Nidec US Holdings Corporation in the U.S. acquired Kinetek Group Inc.

Took a stake in Jiangsu Kaiyu Auto Appliance.

Nidec Corporation establishes Nidec Automotive Motors Americas Corporation in the US to integrate its automotive motor business in the country’s market.

Nidec Sankyo Corporation purchases Mitsubishi Materials C.M.I. Corporation.

Nidec Corporation’s Precision Machining Department becomes Production Engineering Center.

Nidec Research and Development Center, Japan opens its new building in Kawasaki, Kanagawa, Japan.

Nidec Corporation purchases Honda Elesys Co., Ltd.

Nidec Corporation purchases Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt.

Nidec ASI S.p.A. purchases Motortecnica s.r.l.

Nidec Motor (Qingdao) Corporation purchases the SR motor and drive business of China Tex Mechanical & Electrical Engineering Ltd.

Nidec-Shimpo Corporation acquires Arisa, S.A., a Spanish press manufacturer.

Nidec Corporation acquires KB Electronics, Inc., a US motor drive manufacturer.

Nidec Corporation acquires Italy-based E.M.G. Elettromeccanica S.r.l.’s assets.

Nidec Sankyo Corporation acquires PT.NAGATA OPTO INDONESIA.

Nidec Corporation opens Nidec Center for Industrial Science.

Nidec Corporation delists its stocks from the New York Stock Exchange.

Acquired E.C.E. S.r.l. of Italy.

Acquired ANA IMEP S.A. (currently Nidec Motor Corporation Romania) of Romania.

Acquired Canton Elevator, Inc. of the U.S.

Established Nidec Leroy-Somer Holding and Nidec Control Techniques Limited by acquiring the motors, drives and electric power generation businesses of Emerson Electric Co., an

American company.

Opened Nidec Corporation Head Office ANNEX Global Learning Center.

Acquired Vamco International, Inc. of the U.S.

Unified corporate brand logos of group companies to “Nidec”.

Acquired LGB Elettropompe S.r.l. of Italy.

Acquired Secop Group of Germany.

Acquired the business of Tokyo Maruzen Industry Co., Ltd.

Acquired SV Probe Pte. Ltd., of Signapore.

Acquired driveXpert GmbH of Germany.

Nidec Center for Industrial Science's new, first-phase-construction building opens in Seika-cho, Soraku-gun in Kyoto Prefecture.

Nidec Sankyo Corporation acquires Genmark Automation, Inc., a US semiconductor wafer handling robot manufacturer.

Nidec Corporation and French car manufacturer Groupe PSA complete the establishment of a joint venture (Nidec PSA emotors).

Nidec Corporation acquires Italy's CIMA S.p.A.

Nidec-Shimpo Corporation acquires German reducer manufacturer MS-Graessner GmbH & Co. KG.

Nidec Corporation acquires Taiwan's Chaun-Choung Technology Corp.

Nidec completed acquisition of Systeme + Steuerungen GmbH and its group companies

Nidec completes acquisition of DESCH Antriebstechnik GmbH & Co. KG and its group companies

Nidec completes acquisition of Embraco, Whirlpool Corporation’s compressor business

Nidec and GAC components complete establishment of joint venture for Automotive Traction Motors（Guangzhou Nidec Auto Drive System Co., Ltd. ）

The company executes an agreement to take over the Delta production line of Secop Austria GmbH.

The company transitions from a Company with a Board of Corporate Auditors to a Company with an Audit and Supervisory Committee.

Nidec Establishes Nidec Group New Corporate Philosophy.

The company acquires Mitsubishi Heavy Industries Machine Tool Co., Ltd., Japan's leading machine tool manufacturer.

The company acquires OKK Corporation, a prestigious small machining center company.

The company develops Slider, one of the world's thinnest linear vibration motors.

Nidec Establishes Semiconductor Solutions Center for in-house production of semiconductors.

Nidec Corporation names the newly developed area of business in the town of Muko, Kyoto prefecture as Nidec Park, and completes the construction of Building C.

Nidec Corporation purchases Italian machine tool manufacturer PAMA S.p.A.

Nidec Corporation changes its Japanese name from “Nihon Densan Kabusiki Gaisha” to “Nidec Kabushiki Gaisha (Nidec Corporation).”

Nidec Corporation establishes Nidec Aerospace LLC, a joint venture with Brazilian aerospace manufacturer Embraer S.A.

Nidec Corporation purchases US industrial motor-related service provider Houma Armature Works.

Nidec Corporation purchases US press machine equipment manufacturer Automatic Feed and two of its affiliates.

Nidec purchases lathe manufacturer Takisawa Machine Tool Co., Ltd. via tender offer bid.

Nidec India Private Limited opens its second Neemrana factory building.

Nidec Corporation jointly develops an eVTOL motor with AIR VEV.

Nidec Corporation executes a contract on Kyoto Tower’s naming right, and starts operating the building as Nidec Kyoto Tower.

Nidec Corporation executes a partnership contract with professional basketball team Kyoto Hannaryz.

Nidec Corporation executes a comprehensive MOU with Tata Elxsi Limited.

Nidec Corporation purchases Canadian press machine peripheral device manufacturer Linear Transfer Automation and two of its affiliates.

Nidec Mobility Corporation merges with Nidec Elesys Corporation, with Nidec Mobility serving as the surviving company.

Nidec Corporation launches the mass production of a large, in-row-type CDU for AI datacenters’ cooling systems.

Nidec Corporation develops a compact and light drone ESC equipped with a GaN-made power semiconductor device.