Sustainability
Top Commitment
Founder’s Message
50 Years of History Driving the Next 100 Years of Revolution
The rampage of COVID-19 brought to Nidec serious damage, including disrupted supply chains. The crises caused by the pandemic were widely different from anything we had experienced prior, in that they made it business activities possibly fatal to our lives. Never in the company’s 50-year history had we made our lives the top priority so urgently, based on our policy, “Our top priority is to protect the lives of our employees, followed by those of their families, and the company.” From a different perspective, though, the new-coronavirus-caused situation gave us a chance to review the way we manage our company. In addition, the pandemic, we hear, lessened the atmospheric pollution under the global restrictions on economic activity, and “visualized” the environmental destruction by humankind. Going forward, we will see a dramatic change in the world, and be required to act for the global environment more than ever before.
In 1973, Nidec was founded with a dream of becoming “an international company that represents Japan.” Now, after marking its 50th anniversary, we are moving forward with our next dream of becoming “a socially indispensable top-class global company for the next 50 years.” To coexist with the global society and be needed by it, Nidec must realize an eco- and society-friendly sustainable management. Thus, we will align the direction of our company’s business strategy with the path of solving the world’s social issues, to grow with enthusiasm and perseverance.
Shigenobu Nagamori
Founder and Chairman of the Board
President’s Message
The Vision We Aim for
Since taking office as a president on April 1, 2024, I have been working hard to achieve a collective management structure that brings the 100,000 employees of the NIDEC Group together. In order to become a global top-notch company that continues to grow beyond 100 years, each and every employee of the NIDEC Group must achieve growth with quality, viewing this as our second foundation period, without relying on the charisma of the founder, while inheriting the strengths of the past. I believe that the future of achieving a market capitalization of 10 trillion yen will not come until we realize the ideal we should aspire to, i.e. catering to our customers’ needs with high technology, maintaining a high stock price through high growth and high profitability, and forming a strong organization where a diverse workforce work hard toward the same goal.
Key word in creating the future is Circular Society. Our philosophy has always been to “contribute to the global environment with things that turn and move,” in other words, to solve social issues and contribute to the preservation of the global environment by supplying high-performance motors. I believe that we can develop innovative businesses by viewing society as a whole as one big cycle and focusing on energy conversion.
Toward the Realization of Circular Society
The NIDEC Group has produced a wide variety of motors as the world’s No. 1 comprehensive motor manufacturer. By supplying a diverse range of products that accommodate from the very small world including inside of PCs, smartphones to the extremely large world such as huge vessels, industrial pumps, we have created motive power around the world to turn and move things. We have, so to speak, provided the energy itself to drive objects.
In addition to energy to drive objects, motors generate heat at the same time. It is inevitable that heat will be generated from electric power and motive power, and the Nidec Group has tackled the challenge of how to control heat for 50 years as a motor specialist. Examples include product lines and technologies related to heat management, such as cooling systems and fan motors. In particular, the demand for water-cooling modules has been growing rapidly in recent years due to the enormous amount of heat generated by servers used in AI data centers, and heat management technology has begun to develop from air-cooling to water-cooling.
Another important factor related to motors is electric power. Electricity is the most important energy source for the world in the future, as it is used to generate motive power through motors as well as heat. I believe that a future will come in which controlling electricity can be synonymous with controlling the social infrastructure itself.
For example, if heat generated as a by-product of motive power is controlled and used for electricity generation, and the generated electricity is stored in a battery system, a stable supply of clean electricity can be achieved. Needless to say, the electricity thus supplied will become a source from which our products will generate additional motive power. In this way, in our society, energy is being converted from one form to another, i.e. from motive power to heat, from heat to electricity, and from electricity to motive power. Through our products and technologies, the Nidec Group will contribute to the realization of a sustainable, Circular Society in which energy is converted with high efficiency.
There are five business areas of the NIDEC Group that are particularly important for a sustainable, Circular Society in which clean energy is circulated smoothly. We intend to expand our business, setting our eyes on these five business areas as focused business areas, from the AI-related area where cutting-edge technologies are concentrated and the home appliances area rooted in our daily lives to the large-scale social infrastructure and mobility areas.
Corporate Culture Transmission and Leap into the Future
In order for the Nidec Group to become a global top-notch company under new management, organizational restructuring is as essential as business strategy. The new Nidec Group will focus on consolidation of its technological capabilities, establishment of a global personnel structure, and transmission of the Nidec-ism. Upon assuming the position of president, I set up a completely new committee for each of these matters and have been engaged in serious discussions with all members of the committees and related departments on a daily basis.
I recognize that it is my critical mission to pass on to future generations the culture and spirit that the Nidec Group has cultivated over the years, as well as to change to a new management structure for the next 50 years. The three technological elements of a Circular Society mentioned above (Things that spin and move, Thermal management, and Electricity generation, storage, charge and conversion) and the five business areas that will be the pillars of the future will all be supported and developed by the people and technologies of the NIDEC Group. I believe that corporate culture is the foundation that backs up the people and technologies that are essential to the Group. Building on the foundation laid by the Founder Nagamori for 50 years, we will continue to work hard every day to ensure that the NIDEC Group will remain a global leader in the future.
Mitsuya Kishida
Representative Director and President CEO (Chief Executive Officer)
