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Producer Manufacturing

NIDEC Corp.

  • 14,675.00 JPY
  • +70.00
  • +0.48%
  • Japan
    May 17, 2019
  • Ticker
    TKS(6594)
  • Prev. close
    14,605
  • Market cap (JPY)
    4,354.37B
  • Market cap (USD)
    39,695.20M
  • Shares
    298.14M

Business Summary

NIDEC CORP. engages in the development, manufacturing, and sales of small precision, automotive, commercial and industrial motors, motors for machinery, electronic and 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, Nidec Motors and Actuators, and Others. The Nidec segment includes Nidec Corporation, which develops and sells hard disk drive (HDD) motors, small motors, and in-vehicle products. The Nidec Electronics Thailand segment includes Nidec Electronics (Thailand) Co., Ltd. and its subsidiaries. It also manufactures and sells HDD motors. The Nidec Singapore segment includes Nidec Singapore Pte Ltd. and its subsidiaries. It also sells HDD and other small motors. The Nidec Hong Kong segment includes Nidec (Hong Kong) Co., Ltd. and its subsidiaries. It produces and markets HDD and other small motors. The Nidec Sankyo segment Nidec Sankyo Corp. and its subsidiaries. It manufactures and sells automotive products, electronic components, and other small motors. The Nidec Copal segment includes Nidec Copal Corp. and its subsidiaries. It manufactures and sells optical and electronic products and equipment. The Nidec Techno Motor segment includes Nidec Techno Motor Corp. and its subsidiaries. It produces and sells commercial and industrial products. The Nidec Motor segment includes Nidec US Holdings Corp. and its subsidiaries in North and South America, Asia, and Europe. Its main products include consumer electronics and commercial and industrial products. The Nidec Motors & Actuators segment includes Nidec Motors & Actuators (Germany) GmbH and its subsidiaries in Europe, Japan, Asia, and North and South America. It manufactures and sells automotive products. The Others segment includes Nidec Global Service Corp. The company was founded by Shigenobu Nagamori and Hiroshi Kobe on July 23, 1973 and is headquartered in Kyoto, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue1,518.32B13,691.55M
Gross Profit343,958M3,101.66M
Operating income138,620M1,250.01M
Income before tax139,014M1,253.56M
Net income110,798M999.12M
EBITDA209,357M1,887.89M
Diluted EPS375.833.38
Dividends Per Share1050.94
Total Assets1,875.06B16,940.58M
Total liabilities859,354M7,763.96M
Total equity997,628M9,013.21M
Operating cash flow170,233M1,535.08M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,028.38B 1,178.29B 1,199.31B 1,488.09B 1,518.32B
Gross Profit 242,192M 268,337M 285,631M 356,827M 343,958M
Operating income 111,791M 117,662M 139,366M 167,655M 138,620M
Income before tax 107,371M 117,164M 141,313M 164,460M 139,014M
Net income 76,216M 89,945M 111,007M 131,434M 110,798M
EBITDA 165,177M 182,612M 199,103M 236,075M 209,357M
Diluted EPS 256.73 301.93 374.27 443.94 375.83
Dividends Per Share 70 80 85 95 105
Total Assets 1,355.13B 1,376.63B 1,678.99B 1,768.74B 1,875.06B
Total liabilities 601,841M 605,267M 823,191M 825,769M 859,354M
Total equity 745,171M 763,023M 846,572M 933,088M 997,628M
Operating cash flow 91,875M 147,659M 129,853M 175,568M 170,233M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 9,361.16M 9,812.19M 11,075.24M 13,426.48M 13,691.55M
Gross Profit 2,204.62M 2,234.57M 2,637.70M 3,219.51M 3,101.66M
Operating income 1,017.60M 979.82M 1,286.99M 1,512.68M 1,250.01M
Income before tax 977.37M 975.68M 1,304.97M 1,483.86M 1,253.56M
Net income 693.77M 749.01M 1,025.11M 1,185.88M 999.12M
EBITDA 1,503.57M 1,520.69M 1,838.65M 2,130.01M 1,887.89M
Diluted EPS 2.33 2.51 3.45 4.00 3.38
Dividends Per Share 0.63 0.66 0.78 0.85 0.94
Total Assets 11,299.88M 12,248.19M 15,067.72M 16,631.37M 16,940.58M
Total liabilities 5,018.47M 5,385.17M 7,387.51M 7,764.63M 7,763.96M
Total equity 6,213.64M 6,788.76M 7,597.34M 8,773.74M 9,013.21M
Operating cash flow 836.31M 1,229.62M 1,199.15M 1,584.08M 1,535.08M

Valuation Measures

Mar 2019
PER37.31
ROA6.08%
ROE11.47%
Operating margin9.12%
Profit margin7.29%

Key executives

  • Chairman & Chief Executive Officer: Shigenobu Nagamori
  • President, COO & Representative Director: Hiroyuki Yoshimoto
  • CFO, Director, EVP & Head-CFO Strategy: Akira Sato
  • Vice Chairman & Chief Technology Officer: Mikio Katayama
  • Director, EVP & GM-Small Precision Motors: Toshihiko Miyabe

Shareholders

  • NAGAMORI SHIGENOBU (11.6%)
  • The Bank of Kyoto, Ltd. (4.1%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Nippon Life Insurance Co. (2.2%)
  • Meiji Yasuda Life Insurance Co. (2.1%)
  • The Vanguard Group, Inc. (2.0%)
  • OppenheimerFunds, Inc. (1.9%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • The Shiga Bank, Ltd. (1.4%)
  • Capital Research & Management Co. (World Investors) (1.3%)

Contact Details

Related Companies

  • Nidec Corp. /Secop Compressor Business/
  • NMA Property Verwaltungsgesellschaft mbH
  • Nidec Employee Incentive Plan
  • CIMA SpA
  • Nidec Automotive Motor Americas LLC
  • NIDEC Elesys (Thailand) Co. Ltd.
  • Nidec Minster Corp.
  • Nidec Americas Holding Corp.
  • Nidec Europe BV
  • Emerson Electric Co. /Motors, Drives & Power Gen Bus/
  • Nidec Motor Corp. Romania
  • E.C.E. SRL
  • Nidec Component Technology (Suzhou) Co. Ltd.
  • Ningbo Minster Industrial Machinery Co. Ltd.
  • Nidec Machinery (Zhejiang) Corp.
  • Higashifuji (Shanghai) Co. Ltd.
  • Changzhou Kinetek Motor Master Co., Ltd.
  • Nidec Component Technology (Thailand) Co. Ltd.
  • Nidec Sankyo Korea Corp.
  • Nidec Sankyo Do Brasil Ltda.
  • SC Wado Component (Cambodia) Co. Ltd.
  • NIDEC (Shaoguan) Ltd.
  • FIR Elettromeccanica SRL
  • Nidec (Beijing) Co. Ltd.
  • Nidec Seimitsu Motor Technology (Dongguan) Co. Ltd.
  • Nidec Sankyo Electronics (Shaoguan) Co. Ltd.
  • Nidec Precision Malaysia Sdn. Bhd.
  • Nidec (Shenzhen) Co. Ltd.
  • Nidec Shibaura (H. K.) Ltd.
  • Nidec Seimitsu Vietnam Corp.

Competitors

  • Regal Beloit Corp
  • WEG S.A.
  • GMB Korea Corp.
  • SHW AG
  • Magna International Inc.
  • Foxconn Technology Co., Ltd.
  • FormFactor, Inc.
  • Electro Power Systems S.A.
Last Updated on 17 May, 2019

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