Producer Manufacturing

NIDEC Corp.

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	JPY	USD
Revenue	2,242.82B	16,550.07M
Gross Profit	413,201M	3,049.06M
Operating income	100,081M	738.51M
Income before tax	124,498M	918.68M
Net income	46,986M	346.71M
EBITDA	219,550M	1,620.08M
Diluted EPS	78.19	0.57
Dividends Per Share	70	0.51
Total Assets	2,872.59B	21,583.82M
Total liabilities	1,498.89B	11,262.28M
Total equity	1,354.50B	10,177.36M
Operating cash flow	143,485M	1,058.79M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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
PER	87.54
ROA	1.69%
ROE	3.54%
Operating margin	4.46%
Profit margin	2.09%

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

Shareholders

NAGAMORI SHIGENOBU (11.6%)
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

Website:http://www.nidec.com/ja-JP/
Address: 338 Kuzetonoshiro-cho, Minami-Ku, Kyoto, 601-8205, Japan
Phone: +81.75.922.1111

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Competitors

Shenzhen Inovance Technology Co., Ltd Class A
Moog Inc. Class A
Wolong Electric Group Co. Limited Class A
WEG S.A.
Apex Dynamics, Inc.
Kulthorn Kirby Public Co., Ltd.
Magna International Inc.
Foxconn Technology Co., Ltd.
Valeo SE
Zhuzhou CRRC Times Electric Co., Ltd. Class H
SPG Co., Ltd
American Superconductor Corporation
Cummins Inc.
FormFactor, Inc.
MPI Corp.
Mycronic AB
NHOA SA
Shenzhen Han's CNC Technology Co., Ltd. Class A

Last Updated on 26 May, 2023