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2010

INDEX

Chapter 8 (2019-2023)

Boldly Taking on the Challenges
of a Dynamic Market and
Tackling Innovations in Technology
that will Change the Times

2019

Jan.

Nidec Announces the Construction of a New Location, Including a Second Head Office, by the Target Year of 2030.

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Bird's eye view of Nidec Park

Feb.

The company acquires Systeme + Steuerungen GmbH, a German manufacturer of peripheral equipment for presses.

Mar.

The company acquires DESCH Antriebstechnik GmbH & Co. KG, a German manufacturer of large reduction gears.

Apr.

The mass production of E-Axle, a traction motor system for EVs that integrates a motor, inverter, and reduction gearbox, starts.

The SMART2030 project to reduce CO2 emissions by FY2030 starts.

Jun.

New Product Development Center, SPM Division, and GMS Division of Precision Small Motor Business Headquarters are consolidated and reorganized.

Jul.

The company acquires Embraco S.A. of Brazil.

Oct.

A joint venture company (Guangzhou Nidec Auto Drive System Co., Ltd.) with Guangzhou Automobile Group Co., Ltd., a Chinese automobile manufacturer, is established.

The company acquires OMRON Automotive Electronics Co., Ltd. and changes its name to Nidec Mobility Corporation.

2020

Apr.

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

The company revises its personnel system amid the COVID-19 pandemic, placing an emphasis on the degree of individual employees’ contribution to business performance.

May

China's Geely Automobile adopts Nidec’s E-Axle for its new EV models.

Jun.

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

The company announces a plan to establish a new development base for drive motors in China.

The company announces “Nidec's Declaration on Promoting Good Health” to its strengthen health-oriented business management, aiming for a total smoking ban on the company's premises.

Dec.

The company announces a plan to build a new EV drive motor plant in the Republic of Serbia, Europe.

2021

Apr.

E-Axle is adopted for use in GAC Aion New Energy Automobile Co., Ltd.'s new EV, Aion Y.

The company introduces a new job-based personnel system.

Nidec Establishes Nidec Group New Corporate Philosophy.

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New Corporate Philosophy

Jul.

The company announces Vision 2025, aiming to become a 4-trillion-yen company in FY2025 and a company evaluated based on the evaluation axis of ESG.

Aug.

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

Sep.

The company receives SUSTAINA ESG AWARDS Gold Class for its advanced ESG management.

Nov.

Nidec’s in-wheel motors for driving electric motorcycles are adopted in Yadea Group Holdings Ltd.'s electric motorcycles.

2022

Feb.

The company acquires OKK Corporation, a prestigious small machining center company (currently Nidec OKK Corporation).

Mar.

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

Apr.

The company receives the 2021 Energy Conservation Grand Prize for its air purifier equipped with a contra-rotating propeller fan (co-developed with Zojirushi Corporation).

Nidec’s research on the practical application of next-generation traction motors is selected as an NEDO Green Innovation Fund Project.

May

The company decides to build a flagship plant for E-Axle, and holds a contract-signing ceremony with the government of the city of Pinghu, Zhejiang Province, China.

The company enters into the electric motorcycle motor business in India, and constructs a new factory at a cost of 10 billion yen.

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

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NSC

Jul.

The company names the area under the Mukomachi Project Nidec Park, and completes the construction of Building C in the area.

2023

Apr.

Nidec Corporation’s Japanese Name Is Changed to Nidec Kabushiki Kaisha (English: Nidec Corporation).

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New Logo