KYOTO, Japan (April 22, 2016) -- Nidec Corporation announced that it agreed to acquire approximately 94.8 percent of the shares of ANA IMEP S.A. (IMEP) from its major shareholder. For this purpose, Nidec entered into a share purchase and transfer agreement with the major shareholder of IMEP on April 21.
Nidec
KYOTO, Japan (April 11, 2016) (GLOBE NEWSWIRE) -- Nidec Corporation hereby announces, based on the resolution of the Board of Directors made on April 9, 2016, that the company will apply for voluntary delisting of its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and intends to file for the termination of registration of its ADSs under the U.S.
KYOTO, Japan (Sept. 2, 2015) – Nidec Corporation has acquired full ownership of KB Electronics, Inc. from its founding members through Nidec’s subsidiary, Nidec Americas Holding Corporation.
Nidec is developing new growth platforms in the automotive, appliance, commercial and industrial markets. Beginning with the acquisition of Emerson's motors and controls division in September 2010, the company has expanded its product offerings through acquisition.
KYOTO, Japan (Aug. 3, 2015) – Nidec Corporation announced that Nidec Motor (Qingdao) Corporation (NMQC), its subsidiary company, completed the acquisition of the switched reluctance (SR) motor and drive business of China Tex Mechanical & Electrical Engineering Ltd (China Tex MEE) on July 31 and established a new company incorporating the acquired business.
KYOTO, Japan (June 22, 2015) – Nidec Corporation has announced that it has launched a joint development of a big data analysis technology together with IBM Japan with the main purpose of “improving production ratio via early detection of problems” and “shortening downtime via better factor analysis efficiency” for various production equipment and machinery equipped with the Nidec Group's motors.
KYOTO, Japan (Feb. 2, 2015) – Nidec Corporation has completed the acquisition of all of the shares in Gerate- und Pumpenbau GmbH Dr. Eugen Schmidt ("GPM") from its shareholders, through its subsidiary, Nidec Motors & Actuators (Germany) GmbH (NMA(G)), on Feb. 2, 2015. As a result of the transaction, GPM became a consolidated subsidiary of Nidec. The new subsidiaries are listed below.
KYOTO, Japan (Dec. 11, 2014) – Nidec Corporation has announced that it has agreed to acquire 100 percent of the shares of Gerate- und Pumpenbau GmbH Dr. Eugen Schmidt (GPM) from its shareholders through Nidec’s subsidiary, Nidec Motors & Actuators (Germany) GmbH (NMA(G)). For this purpose, Nidec entered into a share purchase and transfer agreement with each of GPM's shareholders.
KYOTO, Japan (Dec. 10, 2014) – Nidec Corporation has announced the creation of the Nagamori Awards in an effort to recognize young inventors for creative, innovative problem-solving solutions.
KYOTO, Japan (Nov. 13, 2014) – Nidec Corporation has announced that the Nidec Research and Development Center has developed a motor-drive system based on a silicon carbide (SiC) inverter.
(Feb. 11, 2014) – St. Louis-based Nidec Motor Corporation (NMC) supplied 21, six-foot tall U.S. MOTORS® brand vertical solid shaft pump motors to drive the pumps used in the massive snow-making system at the Olympic Games in Sochi, Russia. There are 14, 5012 frame, 600 horsepower vertical pump motors and seven 5008 frame, 300 horsepower vertical pump motors.
ST. LOUIS, Mo. (Nov. 11, 2013) – Nidec Corporation, headquartered in Kyoto, Japan, has named Kei Pang chief executive officer of Nidec Motor Corporation (NMC). Pang, who has served NMC as President and COO since April 2012, replaces Patrick Murphy, who resigned his position in October.
KYOTO, Japan (Aug. 1, 2013) – Nidec Corporation announced the status of the company's own share repurchase under its ongoing repurchase plan resolved at a meeting of the board of directors held on January 24, 2013, pursuant to Article 459, Paragraph 1, Item 1 of the company’s Act of Japan.
Details of Share Repurchase:
1. Period of own share repurchase: From July 1, 2013, through July 31, 2013
2. Class of shares: common stock
A variable frequency drive’s effect on system efficiency and motor life
KUZE MINAMI-KU, KYOTO, Japan (June 1, 2012) – Nidec Corporation completed the acquisition of Ansaldo Sistemi Industriali S.p.A. from HVEASI Holding, B.V. (Netherlands), a privately-owned company affiliated with Patriarch Partners, LLC. As a result, the acquired business, now consisting of the foreign companies listed below, became Nidec’s subsidiary.
The following is an outline of the companies that became Nidec’s new subsidiaries today:
1. Outline of the New Subsidiaries