About Nidec Corporation

History

With a passion to "become the world's No.1 company," Nidec started business in a small prefabricated shed with only four employees. See the company's history between then and now.

1990 August Established Nidec Electronics (Thailand) Co., Ltd., a locally-incorporated company.
1991 April Opened the Taiwan Representative Office.
May Nidec America Corp. acquired "Power General", a U.S. power-supply unit manufacturer.
1992 February Established Nidec (Dalian) Ltd., a locally-incorporated company in China.
October Established Nidec Taiwan Corp., a locally-incorporated company.
1993 April Established Nidec Electronics GmbH, a locally-incorporated company in Germany.
September
Head Office
Head Office
Relocated its Head Office to the company's own building in Nishikyogoku, Ukyo-ku, Kyoto
October Acquired Masaka Electronics Co.Ltd.. Merged Ibaragi Nidec Corp. and Masaka Electronics Co.Ltd. to form Nidec Power General Corp, a new company.
October Established Nidec (H.K.) Co., Ltd., a locally-incorporated company, as a base for an IPO.
1995 February
Kyoritsu Machinery Co., Ltd.
Kyoritsu Machinery Co., Ltd.
The company took a stake in Kyoritsu Machinery Co., Ltd. by accepting its allocation of new stocks to a third party.
February
Shimpo Industries Co., Ltd.
Shimpo Industries Co., Ltd.
Took a stake in Shimpo Industries Co., Ltd., a leading CVT manufacturer, by accepting its allocation of new stocks to a third party.
December Established Nidec Philippines Corp., a locally-incorporated company.
1997 March
Tosok Corp.
Tosok Corp.
Took a stake in Tosok Corp.
April
Read Electronics Corp.
Read Electronics Corp.
Took a stake in Read Electronics Corp.
May
Kyori Kogyo Co., Ltd.
Kyori Kogyo Co., Ltd.
Took a stake in Kyori Kogyo Co., Ltd.
December Established Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.
1998 February Established P.T. Nidec Indonesia, a locally-incorporated company.
February
Copal Co., Ltd.
Copal Co., Ltd.
Copal Electronics Co., Ltd.
Copal Electronics Co., Ltd.
Took a stake in Copal Co., Ltd. and Copal Electronics Co., Ltd.
September
Listed on the first section of the Tokyo Stock Exchange.
Listed on the first section of the Tokyo Stock Exchange.
Listed on the first section of the Tokyo Stock Exchange.
Listed on the first section of the Osaka Stock Exchange.
October
Shibaura Nidec Corp.
Shibaura Nidec Corp.
Established Shibaura Nidec Corp. through a joint investment with Shibaura Mechatronics Corp. and Toshiba Corp.
October 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.
1999 March Established Nidec Precision (Thailand) Co.,Ltd., a locally-incorporated company.
April 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.
October
Nemicon Corp.
Nemicon Corp.
Took a stake in Nemicon Corp.
December Established Nidec Korea Corp., a locally-incorporated company.