Contribute to the Environment with the World’s Highest-efficiency Motors
The motor, essential for everything that spins and moves, is a key component for all electric products in making people’s lives abundant and comfortable. Motors, which are said to consume approximately half of all electricity generated in the world, are also deeply associated with the global environment. Nidec supplies high-efficiency motors and related products to contribute to reducing the global electricity consumption and CO2 emissions. With a mission of making global contributions with the world’s highest-efficiency motors, by providing solutions to global issues, Nidec aims to become a company that is indispensable in realizing a sustainable and affluent society.
Founder, Representative Director, Chairman and Chief Executive Officer Shigenobu Nagamori
Sales and Operating Profit Increased in Fiscal Year 2021
Nidec’s net sales increased 18.5% to ￥1,918.2 billion and operating profit increased 7.2% to ￥171.5 billion for fiscal 2021 compared to the previous fiscal year, respectively. Both stood at record high. Although the business environment around Nidec may continue to be severe in fiscal 2022 due to soaring raw material prices, we believe that demand for our products over the medium to long term will continue to expand and Nidec will grow steadily.
Five areas, i.e., the electrification of vehicles (EVs), power saving of home appliances, logistics revolution, robotization, and 5G-based digital data explosion, are all growing markets relating global issues to be solved. Nidec aims to achieve ￥4 trillion net sales in fiscal 2025, seizing the opportunity in these market.
Representative Director, President and Chief Operating Officer Jun Seki