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Producer Manufacturing


Business Summary

NIDEC CORP. engages in the development, manufacturing, and sale of small precision, automotive, commercial & industrial motors, electronic & optical components, and other related products. It operates through the following segments: Nidec, Nidec Electronics Thailand, Nidec Singapore, Nidec Hong Kong, Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators. The Nidec segment develops and sells hard disk drive (HDD) motors, small motors, and in-vehicle products. The Nidec Electronics Thailand segment manufactures and sells HDD motors. The Nidec Singapore sells HDD and other small motors. The Nidec Hong Kong segment produces and markets HDD and other small motors. The Nidec Sankyo segment manufactures and sells automotive products, electronic components, and other small motors. The Nidec Copal segment manufactures and sells optical and electronic products and equipment. The Nidec Techno Motor segment produces and sells commercial and industrial products. The Nidec Motor segment offers consumer electronics, and commercial & industrial products. The Nidec Motors & Actuators segment manufactures and sells automotive products. The company was founded by Shigenobu Nagamori and Hiroshi Kobe on July 23, 1973 and is headquartered in Kyoto, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit413,201M3,049.06M
Operating income100,081M738.51M
Income before tax124,498M918.68M
Net income46,986M346.71M
Diluted EPS78.190.57
Dividends Per Share700.51
Total Assets2,872.59B21,583.82M
Total liabilities1,498.89B11,262.28M
Total equity1,354.50B10,177.36M
Operating cash flow143,485M1,058.79M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 1,475.43B 1,534.80B 1,618.06B 1,918.17B 2,242.82B
Gross Profit 335,774M 332,124M 366,418M 404,378M 413,201M
Operating income 129,254M 110,576M 161,596M 174,113M 100,081M
Income before tax 129,830M 106,825M 153,926M 172,606M 124,498M
Net income 103,386M 74,166M 122,173M 137,197M 46,986M
EBITDA 200,270M 198,384M 258,398M 279,037M 219,550M
Diluted EPS 186.49 123.62 208.19 234.30 78.19
Dividends Per Share 52.50 57.50 60 65 70
Total Assets 1,884.00B 2,122.49B 2,256.02B 2,679.59B 2,872.59B
Total liabilities 864,379M 1,154.86B 1,142.08B 1,361.78B 1,498.89B
Total equity 996,795M 947,290M 1,096.02B 1,293.35B 1,354.50B
Operating cash flow 170,233M 168,049M 219,156M 94,994M 143,485M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 13,304.84M 14,116.24M 15,256.49M 17,069.75M 16,550.07M
Gross Profit 3,027.86M 3,054.69M 3,454.90M 3,598.54M 3,049.06M
Operating income 1,165.55M 1,017.01M 1,523.66M 1,549.42M 738.51M
Income before tax 1,170.75M 982.51M 1,451.34M 1,536.01M 918.68M
Net income 932.29M 682.13M 1,151.95M 1,220.91M 346.71M
EBITDA 1,805.94M 1,824.62M 2,436.39M 2,483.13M 1,620.08M
Diluted EPS 1.68 1.13 1.96 2.08 0.57
Dividends Per Share 0.47 0.52 0.56 0.57 0.51
Total Assets 17,021.35M 19,660.90M 20,416.50M 22,076.98M 21,583.82M
Total liabilities 7,809.36M 10,697.60M 10,335.64M 11,219.65M 11,262.28M
Total equity 9,005.69M 8,774.85M 9,918.73M 10,655.83M 10,177.36M
Operating cash flow 1,535.08M 1,545.62M 2,066.39M 845.34M 1,058.79M

Valuation Measures

Mar 2023
Operating margin4.46%
Profit margin2.09%

Key executives

  • Chairman & Chief Executive Officer: Shigenobu Nagamori
  • President, COO & Representative Director: Hiroshi Kobe
  • Chief Financial Officer & Head-Investor Relations: Akinobu Samura
  • Chief Technology Officer: Toshihiko Ozeki
  • Deputy Chief Technology Officer: Takeshi Horie


  • Nomura Asset Management Co., Ltd. (4.6%)
  • The Bank of Kyoto, Ltd. (4.1%)
  • Baillie Gifford & Co. (4.1%)
  • NIDEC Corp. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Nippon Life Insurance Co. (2.2%)
  • BlackRock Fund Advisors (2.1%)
  • Meiji Yasuda Life Insurance Co. (2.1%)

Contact Details

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Last Updated on 26 May, 2023

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