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50 Years of Nidec Group

NIDEC 50th Aniversary

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Chapter 1

Establishment of Nippon Densan Corporation

1973-1977

Highlight

July 1973 Shigenobu Nagamori Founds Nippon Densan Kabushiki Kaisha (Nippon Densan Corporation).
August 1973 Katsura Plant Is Established; The Manufacturing and Sales of Small Precision AC Motors Starts.
February 1975 Kameoka Plant Opens in Kameoka, Kyoto Prefecture.
April 1976 Nidec America Corporation Is Established in St. Paul, Minnesota, U.S.

Chapter 2

Becoming the World’s Leading Manufacturer of HDD Spindle Motors

1978-1988

Highlight

November 1978 Nidec Torin Corporation Is Established Jointly by Nidec and Torin Corporation of the U.S. in Order to Enter the Fan and Blower Market.
June 1982 Mineyama Plant Is Established; The Production of HDD Spindle Motors, AC Motors, and Fans Starts.
October 1984 Shiga Plant (Now Shiga Technical Center) Is Established; The Production of AC Motors Starts.
June 1986 Nidec Launches 3Q6S Campaign.
November 1988 Nidec Is Listed on the Second Section of the Osaka Securities Exchange and the Kyoto Stock Exchange.

Chapter 3

Global Business Expansion and Active M&A

1989-2000

Highlight

March 1989 Nidec Acquires Shinano Tokki Co., Ltd.
August 1990 Nidec Electronics (Thailand) Co., Ltd. Opens as a Production Base for HDD Spindle Motors.
July 1993 The Nidec Foundation Memorial Hall Opens to Commemorate the 20th Anniversary of the Company's Founding.
October 1993 Nidec Holds Its 20th Anniversary Ceremony and Celebrations at Kyoto International Conference Center.
October 1994 Nidec Ships the World's First 1.8-Inch HDD Spindle Motor.
March 1997 Nidec Takes a Stake in Tosok Corporation, a Parts Manufacturer Affiliated with Nissan Motor Co., Ltd.
March 1997 The Production of The Challenging Road, a Compilation of Nagamori’s Management Philosophies, Is Completed.
September 1998 Nidec Is Listed on the First Section of the Tokyo Stock Exchange and Promoted to the First Section of the Osaka Securities Exchange.

Chapter 4

Aiming to Become the World's Leading Manufacturer of Comprehensive Drive Technologies with Sales of 1 Trillion Yen

2001-2005

Highlight

September 2001 Nidec Is Listed on the New York Stock Exchange.
May 2003 Business Operations Start in the New Head Office Building.
May 2003 Celebrations Are Held to Mark the Completion of the New Building.
July 2003 A Ceremony Is Held to Commemorate the 30th Anniversary of the Company's Founding.
October 2003 Nidec Takes a Stake in Sankyo Seiki Manufacturing Co., Ltd.
April 2005 The Construction of the South Building of Nidec Tokyo Building Is Completed. The Motor Engineering Research Laboratory Is Established.

Chapter 5

Relaunching M&A and Development of Growth Strategy under Adversity

2006-2009

Highlight

April 2007 Nidec Acquires Japan Servo Co., Ltd. as a Subsidiary.
April 2007 Nidec Adopts the Corporate Slogan “All for Dreams.”
January 2009 Nidec Launches the “WPR (Double Profit Ratio Project)” Campaign.
May 2009 Nagano Technical Center Is Relocated to Komagane and the New Building Opens.

Chapter 6

Transformation of Business Portfolio and Promotion of Integrated Group Management

2010-2014

Highlight

October 2011 Large-Scale Flooding in Thailand Causes Extensive Damage, Nidec Hastens to Resume Production.
April 2012 Four Business Units Are Established: FDBM; General-purpose Motors; Appliance, Commercial & Industrial Motor (ACIM); and Automotive Motor & Electronic Control (AMEC).
June 2012 Nidec Research and Development Center Opens.

Chapter 7

Construction of a Global Five-Pole Management System under Vision 2020

2015-2018

Highlight

January 2015 Nidec Way Is Established as a Code of Conduct for All Group Employees.
April 2015 Nidec’s Consolidated Net Sales Exceed One Trillion Yen for the First Time.
September 2017 Nidec Develops the Traction Motor System (E-Axle) Including Gearbox and Inverter.
February 2018 The First-Phase Building of the New Nidec Center for Industrial Science Facility Opens.

Chapter 8

Boldly Taking on the Challenges of a Dynamic Market and Tackling Innovations in Technology that will Change the Times

2019 onward

Highlight

January 2019 Nidec Announces the Construction of a New Location, Including a Second Head Office, by the Target Year of 2030.
April 2021 Nidec Establishes Nidec Group New Corporate Philosophy.
May 2022 Nidec Establishes Semiconductor Solutions Center for in-house production of semiconductors.
April 2023 Nidec Corporation’s Japanese Name Is Changed to Nidec Kabushiki Kaisha (English: Nidec Corporation).