Tag - nidec

 
 

NIDEC

Japan Times
BUSINESS / Companies
Apr 21, 2022
Nidec reappoints chairman Shigenobu Nagamori as CEO as it posts 17% fall in profit
Electric motor-maker Nidec Corp. posted a 17% drop in fourth quarter operating profit and announced a change in leadership Thursday.
Japan Times
BUSINESS / Companies
Jan 25, 2022
Nidec founder sours on CEO successor after less than a year
Chairman Shigenobu Nagamori says it was naive of him to bring in someone from outside and appoint that person as successor, sources say.
Japan Times
BUSINESS / Companies
Sep 14, 2021
Unhappy with profitability, Nidec founder pushes on targets
Nagamori recently told his senior managers that they need to do more to boost Nidec’s business performance
Japan Times
BUSINESS
Apr 27, 2021
Billionaire founder of Nidec hands reins to ex-Nissan star
Shigenobu Nagamori is stepping down almost half a century after founding his pioneering motor maker on the family farm.
Japan Times
BUSINESS / Companies
Jan 26, 2021
Nidec to buy back shares as outlook improves and profit, sales top estimates
The manufacturer raised its operating income forecast for the current fiscal year to u00a5155 billion, up from u00a5140 billion and an average projection by analysts of u00a5149 billion.
Japan Times
BUSINESS / Companies
Jan 12, 2021
World’s top maker of tiny motors has sights on Tesla as EVs gather pace
Although most who use its products don’t know its name, Nidec’s motors are used in about 85% of the world’s hard drives and it controls almost half of the global market for brushless motors.
Japan Times
BUSINESS / Companies
Oct 27, 2020
Canon and Nidec outlooks offer early hints for Japan blue chips
Canon is forecasting operating profit 42% higher than the figure it gave previously, while Nidec has lifted its outlook by 12%.
Japan Times
BUSINESS / Companies
Feb 3, 2020
Japan’s Nidec betting on electric cars and acquisitions to triple sales: sources
Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, according to two people familiar with the matter.
Japan Times
BUSINESS / Companies
Aug 3, 2016
Precision motor-maker Nidec to expand outside Japan with $1.2 billion purchase of Emerson Electric businesses
Precision motor-maker Nidec Corp. has agreed to pay $1.2 billion (about ¥120 billion) for the motors, drives and electric power generation business of Emerson Electric Co., adding customers in Europe and North America in its largest purchase ever.
Japan Times
BUSINESS / Companies
Jul 17, 2015
Ambition and ego: Inside Nagamori’s Nidec
Ambition matters more than brains in Shigenobu Nagamori’s world. As chief executive officer of Japanese motor maker Nidec, Nagamori is known for his eccentric management style.

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