The company acquires DC-Pack Co., Ltd. (renamed Ibaragi Nidec Corporation in July) and enters into the power supply business.
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1989
Chapter 3 (1989-2000)
Global Business Expansion
and Active M&A
1989
Jan.
Mar.
Nidec Singapore Pte. Ltd. is established as a sales base for HDD manufacturers operating in Singapore.
Nidec Acquires Shinano Tokki Co., Ltd.
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Shinano Special Tokki Building
Apr.
Tottori Densan Co., Ltd. is renamed Tottori Nidec Corporation.
Jul.
The production of brushless DC motors for 5-inch optical disk drives starts.
Sep.
Nidec Electronics Corporation (later renamed Tottori Technical Center) is established as a production base for power supplies and fans.
Dec.
The company opens an R&D Center in the Shiga Plant.
1990
Feb.
A full-scale production of brushless DC main motors for photocopiers starts.
Aug.
Nidec Electronics (Thailand) Co., Ltd. Opens as a Production Base for HDD Spindle Motors.
more
Groundbreaking Ceremony for Nidec Ayutthaya Plant
1991
Mar.
The company’s sales reach 50 billion yen (in its 18th fiscal year).
Apr.
Quality Control Department and Central Technical Laboratory open. Production System Development Department is renamed FA Development Center.
Shinano Tokki Co., Ltd. is renamed Nagano Nidec Corporation.
Osaka Branch opens.
The company opens a representative office in Taiwan and Malaysia.
An independent accounting-based business operation system is introduced company-wide. The Mineyama Plant and the Shiga Plant are reorganized as Mineyama Office and Shiga Plant respectively.
May
Nidec America Corporation acquires Power General Corporation, a power supply manufacturer.
A full-scale production of baseplate-integrated spindle motors for 2.5-inch HDDs starts.
Sep.
A full-scale production of brushless DC motors for 3.5-inch optical disk drives starts.
A fan development division is established in Nidec Electronics Corporation to oversee the fan business.
1992
Jan.
Nidec Precision Corporation is established through the acquisition of the pivot assembly business of Japan Seagate Precision.
Feb.
Nidec (Dalian) Ltd. is established in China as a production base for fans, AC motors, and brushless DC motors.
Mar.
The production of spindle motors for 1.8-inch HDDs starts.
Apr.
The construction of Nidec's Nishikyogoku building (Ukyo-ku, Kyoto), which houses the Central Technical Laboratory and FA Development Center, is completed, and operations start.
Nagoya Sales Office opens.
Jul.
The entire production of power supplies is transferred from Nidec Electronics Corporation to Ibaragi Nidec Corporation.
Aug.
The production of spindle motors for 1.3-inch HDDs starts.
Sep.
The company’s European representative office opens in Frankfurt, Germany.
Oct.
Nidec Taiwan Corporation, a locally incorporated company, opens.
An Export Control Committee (currently Security Trade Control Committee) is established.
1993
Feb.
The introduction of integrated voice and data network for all domestic offices is completed.
Apr.
The FA Development Center is dissolved to establish Nidec Engineering Corporation.
Nidec Electronics GmbH opens as a sales office in Frankfurt, Germany.
The production of the NBR Series of low-noise, long-life fans with proprietary bearings starts.
Jun.
The development and production functions of fans and AC motors at the Shiga Office are transferred to Nidec Electronics Corporation.
Jul.
The production of fans with integrated heat sinks for cooling MPUs starts.
The Nidec Foundation Memorial Hall Opens to Commemorate the 20th Anniversary of the Company's Founding.
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Foundation Memorial Hall
Sep.
The company’s head office and Overseas Sales Department are relocated to a company-owned building in Nishikyogoku, Kyoto.
Oct.
The company acquires Masaka Electronics Co., Ltd., a power supply manufacturer, and establishes Nidec Power General Corporation through an equal merger with Ibaragi Nidec Corporation.
Nidec (H.K.) Co., Ltd. is established as an IPO base.
Nidec Holds Its 20th Anniversary Ceremony and Celebrations at Kyoto International Conference Center.
more
20th Anniversary Celebration
Dec.
An ADF-10 campaign, aiming for a 10-fold sales increase, starts.
The Mineyama Office obtains the ISO 9002 certification, becoming the first organization to do so in the Nidec Group.
1994
Jan.
The Shiga Office is renamed Technical Center.
Aug.
The construction of Nidec (Dalian) Ltd.'s own factory is completed.
The production of brushless DC motors for CD-ROMs starts.
Oct.
Nidec Ships the World's First 1.8-Inch HDD Spindle Motor.
more
1.8-inch HDD spindle motor
Nov.
The company sells all of its Nidec Precision Corporation shares to Seiko Seiki Corporation, withdrawing from the pivot assembly business in Japan.
1995
Jan.
The production of brushless DC motors for high-capacity removable HDDs starts.
The production of brushless DC motors for high-capacity FDDs starts.
Feb.
The company takes a stake in Kyoritsu Machinery Co., Ltd. (currently Nidec Machinery Corporation) through a third-party allocation of shares.
The company takes a stake in Shimpo Industries Co., Ltd. (currently Nidec Drive Technology Corporation), a leading manufacturer of continuously variable transmissions, through a third-party allocation of shares.
Apr.
The company dissolves Nidec Engineering Corporation, withdrawing from the factory automation business.
Jun.
The company changes its English name from Nippon Densan Corporation to Nidec Corporation.
The production of HDD spindle motors at Nidec (Dalian) Ltd starts.
Aug.
The development of medium-size brushless DC motors for power steering applications starts.
Dec.
Nidec Philippines Corporation is established as a production base for HDD spindle motors.
1996
Apr.
The company makes Three 1000 Plan.
The company establishes the Profit Contribution Award.
May
The production of fans for IH rice cookers starts.
Aug.
The production of brushless DC motors for CD-Rs starts.
1997
Mar.
Nidec Takes a Stake in Tosok Corporation, a Parts Manufacturer Affiliated with Nissan Motor Co., Ltd.
more
Press conference on capital participation in Tosok
Mar.
The Production of The Challenging Road, a Compilation of Nagamori’s Management Philosophies, Is Completed.
more
Book "The Challenging Road"
Apr.
The company absorbs Nagano Nidec Corporation to make it Nagano Technical Center. The Technical Center is renamed Shiga Technical Center.
The company takes a stake in Read Electronics Corporation (currently Nidec Advance Technology Corporation) through a third-party allocation of shares.
Okayama Nidec Corporation transfers its business rights to Nidec Electronics Corporation to become Nidec Electronics Corporation Okayama Plant.
The company launches its official website.
May
The company takes a stake in Kyori Kogyo Co., Ltd. (Nidec-Kyori Corporation, which is merged with Nidec-Shimpo Corporation in April 2012).
Jul.
Nidec Precision (Dalian) Corporation is established in China as a production base for in-house parts manufacturing.
Sep.
The construction of Nidec Singapore Pte. Ltd.'s self-owned factory is completed, and starts the production of HDD spindle motors and pivot assemblies.
The production of brushless DC motors for DVD-ROMs starts.
Dec.
Nidec Tosok (Vietnam) Co., Ltd. is established through a joint investment with Tosok Corp.
1998
Feb.
P.T. Nidec Indonesia is established as a locally incorporated company.
The company takes a stake in Copal Co., Ltd. and Copal Electronics Co., Ltd. (currently Nidec Precision Corporation and Nidec Components Corporation respectively).
Mar.
The Nidec Group’s consolidated net sales reach 100 billion yen (in its 25th fiscal year).
May
The construction of the Nidec Tokyo Building North Building (Tokyo Branch) is completed, and opens for business in Shinagawa-ku, Tokyo.
The 1st Research and Development Presentation Meeting is held.
The construction of the DCM building of the Shiga Technical Center is completed.
The company starts to disclose its quarterly financial results.
Sep.
Nidec Is Listed on the First Section of the Tokyo Stock Exchange and Promoted to the First Section of the Osaka Securities Exchange.
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Listed on the First Section of the Tokyo Stock Exchange
Oct.
Shibaura Nidec Corporation (to be renamed Nidec Shibaura Corporation in April 2001) is established through a joint investment with Shibaura Mechatronics Corporation and Toshiba Corporation.
Nidec Singapore Pte. Ltd. takes a stake in Copal's locally-incorporated company in Malaysia. The company is renamed Nidec Copal (Malaysia) Sdn. Bhd.
Kyushu Sales Office opens.
Tottori Nidec Corporation obtains the ISO 14001 certification, becoming the first organization to do so in the Nidec Group).
Nov.
The mass production of high-capacity ultra-thin FDD brushless DC motors starts.
Dec.
The production of brushless DC motors for cordless vacuum cleaners (for home appliances) starts.
The production of spindle motors for 1.0-inch HDDs starts.
1999
Mar.
Nidec Precision (Thailand) Co., Ltd. is established as an in-house component manufacturing base for HDD spindle motors.
Apr.
Nidec General Service Corporation is established.
Oct.
The company takes a stake in Nemicon Corporation, which is renamed Nidec Nemicon Corporation in April 2000 (The capital relationship between the two companies was dissolved in April 2009).
Dec.
Nidec Korea Corporation is established as a sales office in South Korea.
2000
Mar.
The company takes a stake in Y-E Drive Corporation, which is renamed Nidec Power Motor Corporation in January 2001.
Apr.
Tottori Nidec Corporation merges with Nidec Electronics Corporation, forming Nidec Electronics Corporation.
Nidec Shibaura (Thailand) Co., Ltd. merges with Nidec Shibaura Electronics (Thailand) Co., Ltd., forming Nidec Shibaura Electronics (Thailand) Co., Ltd.
Aug.
The production of brushless DC motors for hydraulic electric power steering systems (in-vehicle motors) starts.
A full-scale mass production of FDB motors starts at Nidec Electronics (Thailand) Co., Ltd.
Oct.
The company acquires an HDD motor plant of US company Seagate Technology Inc. in Thailand, and establishes Nidec Hi-Tech Motor (Thailand) Co., Ltd., a locally incorporated company.