Nidec (OTCMKTS:NJDCY) Corporation is a Japan-based manufacturer of electric motors and related systems. Founded in Kyoto in 1973, the company initially focused on precision small motors and has expanded into a broad portfolio serving information technology, automotive, appliance, commercial, and industrial markets.
The company develops and produces motors, motor controls, drives, and integrated systems used in products such as hard disk drives, cooling fans, smartphones, home appliances, automobiles, electric vehicles, robots, machine tools, and other industrial equipment. Its businesses also include traction motors and other components for automotive applications, as well as motors and systems for energy-efficient industrial and commercial machinery.
Nidec serves customers worldwide through manufacturing, research and development, sales, and service operations across Asia, the Americas, Europe, and other international markets. The company was founded by Shigenobu Nagamori, who has played a central role in its development from a small precision-motor producer into a global diversified motor manufacturer.