Management Information

Business Summary

Account Settlement in Fiscal 2016

Nidec group has produced many products that now have leading global market shares, such as HDD motors with 80% share in the global market, by utilizing the characteristics of brushless DC motors, namely, "energy saving, durability, and low noise," at the core of its business. Nidec's motors can be used in a wide range of applications from IT equipment, and audio & visual equipment to home appliances and automobiles. Our motors are supporting people's lives.

 

Sales and Profitability (FY2016)

The Nidec Group's businesses fall into five categories according to the nature of products.The following chart illustrates Nidec's consolidated sales, operating income and operating income ratio for the fiscal year 2016 (the fiscal year ended March 31, 2017).

 
Fiscal Year 2016 Net Sales
(Billions of Yen)
Operating
Income
(Billions of Yen)
Operating
Income Ratio
Products
Small Precision Motors 437.1 67.9 15.5% Motors for hard disk drives, smartphones, mobile phones, office automation equipment, CD/DVD, etc.
Automotive, Appliance, Commercial and Industrial Producs  572.1 57.2 10.0% Motors for electric power steering, air-conditioners, etc.
Machinery 122.3 21.8 17.8% Industrial robots, card readers, circuit board testers, pressing machines, etc.
Electronic &
Optical
Components
64.1 9.9 15.4% Switches, trimmer potentiometers, sensors, camera shutters, etc.
Others 3.7 0.6 15.1% Services, music box products, etc.

Small Precision Motors

 

Nidec has the world’s largest market share with its hard disk drive (HDD) motors used in personal computers and data centers. Other mall precision motors include vibration motors for smartphones and mobile phones, fan motors, office automation equipment motors, and CD and DVD motors.


HDD motors
HDD motors
For DVD & Blu-ray drives
CD & DVD motors
Fan motors
Fan motors
 

Fiscal 2016

Sales: 437.1 billion yen
(2% decrease over FY2015)
Operating income: 67.9 billion yen
(5% increase over FY2015)

Net sales of small precision motors for FY2016 (the fiscal year ended March 31, 2017) decreased 2% to ¥437.1 billion compared to the prior year. Although the number of units sold of HDD motors remained unchanged, there were decreases in sales due to negative effect of the foreign currency exchange rate fluctuations. Net sales of other small precision motors for FY2016 increased 3% to ¥246.0 billion. Operating profit of small precision motors increased 5% to ¥67.9 billion.

Automotive, Appliance, Commercial and Industrial Products

Automotive motor
Automotive motor
 

In addition to electric power steering motors, which enjoy the world’s largest market share, our automotive products include pumps and sensors for advanced driving assistant system (ADAS). Our appliance, commercial, and industrial products include mid- to large-sized motors used for air conditioners and various other products.

 

Fiscal 2016

Sales: 572.1 billion yen
(3% increase over FY2015)
Operating income: 57.2 billion yen
(25% increase over FY2015)

Net sales of automotive, appliance, commercial and industrial products increased 3% to ¥572.1 billion for FY2016 (the fiscal year ended March 31, 2017) compared to the prior year. Net sales of automotive products decreased 4% due to a negative effect of the foreign currency exchange rate fluctuations although there were increases in sales for automotive motors such as electric power steering motors and products of control valves manufactured by Nidec Tosok Corporation. Net sales of appliance, commercial and industrial products for FY2016 increased 10%. This increase was primarily due to the effect of a newly consolidated business, the European business of Emerson Electric Co. of which acquisition was completed in the fourth quarter of FY2016, and an increase in the sales through our Three-New Strategy (new products, new markets and new clients). Operating profit of automotive, appliance, commercial and industrial products increased 25% to ¥57.2 billion.   

Machinery

LCD panel transfer robots
LCD panel transfer robots
 

Our products maintain a large market share in various applications such as industrial robots, ATM (automatic teller machine) card readers, semi conductor package and touch panel inspection equipment, and pressing machines.

 

Fiscal 2016

Sales: 122.3 billion yen
(14% increase over FY2015)
Operating income: 21.8 billion yen
(45% increase over FY2015)

Net sales of machinery increased 14% to ¥122.3 billion for FY2016 (the fiscal year ended March 31, 2017) compared to the prior fiscal year due to the contribution of the newly consolidated companies and increases in the sales of LCD panel and organic EL handling robots by Nidec Sankyo Corporation, although there was a negative effect of the foreign currency exchange rate fluctuations. Operating profit of machinery increased 45% to ¥21.8 billion for FY2016 due to the contributions of newly consolidated companies and the increase in sales of LCD panel and organic EL handling robots.

Electronic and Optical Components

Single-lens reflex camera shutters
Digital camera shutters
 

Net sales of electronic and optical components remained unchanged at ¥64.1 billion due to increases in the sales of switches, trimmers and sensors, and decreases in digital camera related components. Operating profit increased 82% to ¥9.9 billion compared to the prior year.

 

Fiscal 2016

Sales: 64.1 billion yen
(Remained unchanged from FY2015)
Operating income: 9.9 billion yen
(82% increase over FY2015)

Net sales of electronic and optical components remained unchanged at ¥64.1 billion due to increases in the sales of switches, trimmers and sensors, and decreases in digital camera related components. Operating profit increased 82% to ¥9.9 billion compared to the prior year.