Nidec (OTCMKTS:NJDCY) Corporation, trading over the counter under the symbol NJDCY, is a global manufacturer of precision electric motors and related components. Established in 1973 by Shigenobu Nagamori in Kyoto, Japan, the company has grown from a small motor repair shop to a diversified industrial powerhouse. Nidec’s product portfolio spans miniature motors used in hard-disk drives, compact motors for home appliances, and large traction motors for electric and hybrid vehicles. The company also develops motion controllers, drive systems, and power management solutions, catering to a wide range of end markets.
Throughout its history, Nidec has pursued an aggressive acquisition strategy to broaden its technological capabilities and global footprint. Key acquisitions in recent decades have included major European and North American motor manufacturers, strengthening Nidec’s presence in automotive, HVAC, and industrial automation sectors. The company boasts manufacturing facilities and R&D centers in over 30 countries, with significant operations in Japan, China, the United States, and Europe. This global network allows Nidec to provide tailored solutions and responsive service to customers across diverse industries.
Innovation remains at the core of Nidec’s strategy. The company allocates substantial resources to research and development, focusing on energy-efficient designs, miniaturization, and advanced motor control algorithms. Nidec’s products are widely used in electric vehicles, robotics, renewable energy systems, and data storage devices. The firm’s commitment to sustainability is reflected in its development of high-efficiency motors and eco-friendly manufacturing practices, aiming to reduce carbon emissions and energy consumption across its operations.
Leadership at Nidec combines deep engineering expertise with global management experience. Founder Shigenobu Nagamori, one of Japan’s most respected entrepreneurs, serves as chairman, while President and CEO Takahito Tokita oversees day-to-day operations. Under their guidance, Nidec continues to pursue innovation-driven growth, capitalizing on trends such as electrification, automation, and digitalization. The company’s diversified offerings, robust supply chain, and commitment to quality position it as a leading supplier of motor technologies in the evolving global marketplace.
