50 Years of Nidec Group
NIDEC 50th Aniversary
Chapter 1
Establishment of Nippon Densan Corporation
1973-1977
Highlight
- July 1973 Shigenobu Nagamori Founds Nippon Densan Kabushiki Kaisha (Nippon Densan Corporation).
- August 1973 Katsura Plant Is Established; The Manufacturing and Sales of Small Precision AC Motors Starts.
- February 1975 Kameoka Plant Opens in Kameoka, Kyoto Prefecture.
- April 1976 Nidec America Corporation Is Established in St. Paul, Minnesota, U.S.
Chapter 2
Becoming the World’s Leading Manufacturer of HDD Spindle Motors
1978-1988
Highlight
- November 1978 Nidec Torin Corporation Is Established Jointly by Nidec and Torin Corporation of the U.S. in Order to Enter the Fan and Blower Market.
- June 1982 Mineyama Plant Is Established; The Production of HDD Spindle Motors, AC Motors, and Fans Starts.
- October 1984 Shiga Plant (Now Shiga Technical Center) Is Established; The Production of AC Motors Starts.
- June 1986 Nidec Launches 3Q6S Campaign.
- November 1988 Nidec Is Listed on the Second Section of the Osaka Securities Exchange and the Kyoto Stock Exchange.
Chapter 3
Global Business Expansion and Active M&A
1989-2000
Highlight
- March 1989 Nidec Acquires Shinano Tokki Co., Ltd.
- August 1990 Nidec Electronics (Thailand) Co., Ltd. Opens as a Production Base for HDD Spindle Motors.
- July 1993 The Nidec Foundation Memorial Hall Opens to Commemorate the 20th Anniversary of the Company's Founding.
- October 1993 Nidec Holds Its 20th Anniversary Ceremony and Celebrations at Kyoto International Conference Center.
- October 1994 Nidec Ships the World's First 1.8-Inch HDD Spindle Motor.
- March 1997 Nidec Takes a Stake in Tosok Corporation, a Parts Manufacturer Affiliated with Nissan Motor Co., Ltd.
- March 1997 The Production of The Challenging Road, a Compilation of Nagamori’s Management Philosophies, Is Completed.
- September 1998 Nidec Is Listed on the First Section of the Tokyo Stock Exchange and Promoted to the First Section of the Osaka Securities Exchange.
Chapter 4
Aiming to Become the World's Leading Manufacturer of Comprehensive Drive Technologies with Sales of 1 Trillion Yen
2001-2005
Highlight
- September 2001 Nidec Is Listed on the New York Stock Exchange.
- May 2003 Business Operations Start in the New Head Office Building.
- May 2003 Celebrations Are Held to Mark the Completion of the New Building.
- July 2003 A Ceremony Is Held to Commemorate the 30th Anniversary of the Company's Founding.
- October 2003 Nidec Takes a Stake in Sankyo Seiki Manufacturing Co., Ltd.
- April 2005 The Construction of the South Building of Nidec Tokyo Building Is Completed. The Motor Engineering Research Laboratory Is Established.
Chapter 5
Relaunching M&A and Development of Growth Strategy under Adversity
2006-2009
Highlight
- April 2007 Nidec Acquires Japan Servo Co., Ltd. as a Subsidiary.
- April 2007 Nidec Adopts the Corporate Slogan “All for Dreams.”
- January 2009 Nidec Launches the “WPR (Double Profit Ratio Project)” Campaign.
- May 2009 Nagano Technical Center Is Relocated to Komagane and the New Building Opens.
Chapter 6
Transformation of Business Portfolio and Promotion of Integrated Group Management
2010-2014
Highlight
- October 2011 Large-Scale Flooding in Thailand Causes Extensive Damage, Nidec Hastens to Resume Production.
- April 2012 Four Business Units Are Established: FDBM; General-purpose Motors; Appliance, Commercial & Industrial Motor (ACIM); and Automotive Motor & Electronic Control (AMEC).
- June 2012 Nidec Research and Development Center Opens.
Chapter 7
Construction of a Global Five-Pole Management System under Vision 2020
2015-2018
Highlight
- January 2015 Nidec Way Is Established as a Code of Conduct for All Group Employees.
- April 2015 Nidec’s Consolidated Net Sales Exceed One Trillion Yen for the First Time.
- September 2017 Nidec Develops the Traction Motor System (E-Axle) Including Gearbox and Inverter.
- February 2018 The First-Phase Building of the New Nidec Center for Industrial Science Facility Opens.
Chapter 8
Boldly Taking on the Challenges of a Dynamic Market and Tackling Innovations in Technology that will Change the Times
2019 onward
Highlight
- January 2019 Nidec Announces the Construction of a New Location, Including a Second Head Office, by the Target Year of 2030.
- April 2021 Nidec Establishes Nidec Group New Corporate Philosophy.
- May 2022 Nidec Establishes Semiconductor Solutions Center for in-house production of semiconductors.
- April 2023 Nidec Corporation’s Japanese Name Is Changed to Nidec Kabushiki Kaisha (English: Nidec Corporation).
