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.

1973 July
Katsura Plant
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.
August Started production and sales of small precision AC motors.
1974 October Opened a sales agent in the U.S.
1January
Head Office
Relocated its Head Office to Omiya, Nakagyo-ku, Kyoto.
1975 January Opened a sales agents in Asia and European countries.
February
Kameoka Plant
Established a new plant (Kameoka Plant) in Kameoka-city, Kyoto.
April Launched full-scale production of brushless DC motors.
1976 April
Nidec America Corp.
Established Nidec America Corp, a locally-incorporated company.
1978 1January 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.
1979 October
8-inch
Spindle motor
Started production and sales of small precision AC motors.
1982 June stablished the Mineyama Plant in Mineyama-cho, Naka-gun, Kyoto.
October
TA450DC
TA450DC
Started full-scale production of axial-flow type brushless DC fans.
1983 November
Head Office
Head Office
Relocated its Head Office to Karasuma Oike, Nakagyou-ku, Kyoto.
1984 February
Nagano Nidec Corp.
Nidec Torin Corporation
Acquired the axial-flow fan business from American company Trin Corporation, and established the locally-incorporated company Nidec Torin Corporation in America.
February Started production of spindle motors for 3.5-inch hard disk device.
October Established the Shiga Plant (currently Shiga Technical Center) in Echigawa-cho (now Aishou-cho), Echi-gu, Shiga.
November Opened the Singapore Representative Office.
1988 November
Attestation ceremony for listing on the Osaka Stock Exchange.
Attestation ceremony for
listing on the Osaka
Stock Exchange.
The company listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange.
1989 January Took a stake in DC Pack Co., Ltd., and re-named it Ibaragi Nidec Corp. and moved into the power-supply unit sector.
March Established Nidec Singapore Pte. Ltd., a locally-incorporated company.
March Took a stake in Shinano Tokki Co., Ltd..
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.
2000 March
Y-E Drive Corp.
Y-E Drive Corp.
Took a stake in Y-E Drive Corp.
April Nidec Shibaura (Thailand) Co.,Ltd. and Nidec Shibaura Electronics (Thailand) Co.,Ltd. merged (company name became Nidec Shibaura Electronics (Thailand) Co.,Ltd.).
October 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.
2001 January Established Nidec Precision Philippines Corp., a locally-incorporated company.
September
Listed on the New York Stock Exchange.
Listed on the New
York Stock Exchange.
Listed on the New York Stock Exchange.
October The company opened the Taiwan Technical Center.
2002 April Established Nidec System Engineering (Zhejiang) Corp., a locally-incorporated company in China.
June Established Nidec (Dongguan) Ltd., a locally-incorporated company in China.
2003 March
Head Office/Central Technical Laboratory
Head Office/
Central Technical Laboratory
The building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto
April Established Nidec (Shanghai) International Trading Co., Ltd., a locally-incorporated company.
May Relocated its Head Office and opened the Central Technical Laboratory.
October
Took a stake in Sankyo Seiki Mfg. Co., Ltd.
Took a stake in
Sankyo Seiki Mfg. Co., Ltd.
Took a stake in Sankyo Seiki Mfg. Co., Ltd.
2004 April Sankyo Logistics was renamed Nidec Logistics Corp.
2005 October Established Nidec Vietnam Corp., a locally-incorporated company.
2006 February Established Nidec Automobile Motor (Zhejiang) Corp., a locally-incorporated company in China.
December
Nidec Motors & Actuators
Nidec Motors & Actuators
Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company.
2007 February
Brilliant Manufacturing Ltd.
Brilliant Manufacturing Ltd.
Acquired Brilliant Manufacturing Ltd. of Singapore.
April Took a stake in Japan Servo Co.,Ltd.
November
Radio control power glider (F5B)
Radio control power glider
(F5B)
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.
2009 September Established solely owned Nidec Techno Motor Holdings Corporation, and placed Nidec Shibaura Corporation and Nidec Power Motor Corporation under its control.
November Opened Shiga Technical Center's new main building.
2010 January 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.
February Nidec Electronics (Thailand) Co., Ltd. acquired SC Wado Co., Ltd., a base plate manufacturer owned by Salee Industry Public Company Limited in Thailand.
August A glider equipped with a Nidec motor took first place in the World Radio Control Gliders (F5B) Championship.
October
Nidec Motor
Nidec Motor Corporation
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.
October
Nidec (Shaoguan) Limited
Nidec (Shaoguan) Limited
Established Nidec (Shaoguan) Limited as its manufacturing subsidiary in China.
December
Nidec India Private Limited
Nidec India Private Limited
Established Nidec India Private Limited as its sales subsidiary in India.
2011 July
SANYO Seimitsu Corp.
SANYO Seimitsu Corp.
Took a stake in SANYO Seimitsu Corp.
November Established Nidec Management Shanghai Corporation as its subsidiary for controlling financing of group companies operating in China.
2012 March Established SC Wado Component (Cambodia) Co., Ltd. as the first operating base in Cambodia.
April Nidec-Shimpo Corporation acquired the Minster Machine Company, the largest press machine manufacturer in the U.S.
April Established the Nidec Research and Development Center, Singapore in Singapore.
June Acquired Ansaldo Sistemi Industriali S.p.A. of Italy.
September
The Nidec Research and Development Center, Taiwan
The Nidec Research and
Development Center, Taiwan

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

September Established Nidec US Holdings Corporation in the U.S. This holdings company acquired Avtron Industrial Automation, Inc.
November Nidec US Holdings Corporation in the U.S. acquired Kinetek Group Inc.
December Took a stake in Jiangsu Kaiyu Auto Appliance.
2013 Apri
Nidec Automotive Motors Americas Corporation
Nidec Automotive Motors
Americas Corporation

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

2014 January Nidec Sankyo Corporation purchases Mitsubishi Materials C.M.I. Corporation.
January Nidec Corporation’s Precision Machining Department becomes Production Engineering Center.
January
Nidec Research and Development Center, Japan
Nidec Research and
Development Center, Japan
Nidec Research and Development Center, Japan opens its new building in Kawasaki, Kanagawa, Japan.
March Nidec Corporation purchases Honda Elesys Co., Ltd.
2015 February
Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt
Geräte- und Pumpenbau
GmbH Dr. Eugen Schmidt
Nidec Corporation purchases Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt.
May Nidec ASI S.p.A. purchases Motortecnica s.r.l.
July Nidec Motor (Qingdao) Corporation purchases the SR motor and drive business of China Tex Mechanical & Electrical Engineering Ltd.
August Nidec-Shimpo Corporation acquires Arisa, S.A., a Spanish press manufacturer.
August Nidec Corporation acquires KB Electronics, Inc., a US motor drive manufacturer.
September Nidec Corporation acquires Italy-based E.M.G. Elettromeccanica S.r.l.’s assets.
September Nidec Sankyo Corporation acquires PT.NAGATA OPTO INDONESIA.
October Nidec Corporation opens Nidec Center for Industrial Science.
2016 May
Nidec Corporation delists its stocks from the New York Stock Exchange.
May Acquired E.C.E. S.r.l. of Italy.
May Acquired ANA IMEP S.A. (currently Nidec Motor Corporation Romania) of Romania.
December Acquired Canton Elevator, Inc. of the U.S.
2017 January 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. 
March Opened Nidec Corporation Head Office ANNEX Global Learning Center.
March Acquired Vamco International, Inc. of the U.S.
March Unified corporate brand logos of group companies to “Nidec”.
July Acquired LGB Elettropompe S.r.l. of Italy.
July Acquired Secop Group of Germany.
October Acquired the business of Tokyo Maruzen Industry Co., Ltd.
October Acquired SV Probe Pte. Ltd., of Signapore.
November Acquired driveXpert GmbH of Germany.
2018 February
生産技術研究所
Nidec Center for Industrial
Science
Nidec Center for Industrial Science's new, first-phase-construction building opens in Seika-cho, Soraku-gun in Kyoto Prefecture.
April Nidec Sankyo Corporation acquires Genmark Automation, Inc., a US semiconductor wafer handling robot manufacturer.
May Nidec Corporation and French car manufacturer Groupe PSA complete the establishment of a joint venture (Nidec PSA emotors).
July Nidec Corporation acquires Italy's CIMA S.p.A.
August Nidec-Shimpo Corporation acquires German reducer manufacturer MS-Graessner GmbH & Co. KG.
November Nidec Corporation acquires Taiwan's Chaun-Choung Technology Corp.

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