Shifting the portfolio from information equipment toward automotive, home appliance, commercial and industrial applications

「On the 30th, Nidec disclosed that it was considering selling Nidec Components, its subsidiary engaged in electronic components, to a U.S. investment company.」

「We aim to expand our businesses by using, across the Group, the strengths dispersed among NIDEC Group companies and realizing collaboration and synergies.」

「By the end of November 2024, cumulative shipments of open-loop liquid-cooling CDUs for AI servers had reached 5,000 units.」

「The Better Life Division and AI & IT Division will be newly established.」

「In product groups for data centers supporting an AI society, including liquid-cooling modules and HDD motors for nearline applications, precision small motors is working to develop products and expand sales in response to the evolution required to support explosive market growth.」

「The Machinery business division is actively pursuing M&A to become the world's No. 1 comprehensive machine-tool manufacturer. After entering the machine-tool business through the acquisition in August 2021 of 三菱重工工作機械株式会社 (now ニデックマシンツール), which has high-precision, high-efficiency gear-processing technology, we acquired OKK株式会社 (now ニデックオーケーケー), a long-established machining-center manufacturer, in February 2022; PAMA, a world-leading manufacturer of horizontal boring machines, in February 2023; and 株式会社TAKISAWA, a specialist lathe manufacturer, in December 2023.」

「Based on market trends, we have identified five priority business areas as the five business pillars: supporting an AI society; pursuing sustainable infrastructure and energy; improving industrial productivity; pursuing a better life (Better Life); and mobility innovation. In each area, we will pursue synergies beyond the framework of our existing businesses.」

「Mass production through the vertical launch of the liquid-cooling module business in response to rapidly expanding demand for liquid-cooling systems for AI servers」

「These acquisitions enabled us to expand our product lineup and strengthen our overseas markets.」

「On 20 November 2023, NIDEC acquired 86.14% of the common shares of TAKISAWA for ¥14,306 million through a tender offer under the Financial Instruments and Exchange Act (Act No. 25 of 1948, including subsequent amendments).」

「We are focusing on power-saving-related products and thermal management, as well as automotive motors for small EVs and electric two-wheelers, as areas expected to deliver future growth.」

「Revenue in the Equipment and Systems product group increased 44.5% year on year to ¥222.921 billion, including the ¥12.5 billion year-on-year increase attributable to foreign-exchange effects, driven by higher revenue from semiconductor inspection equipment benefiting from strong 5G demand and can-making presses capturing the shift away from plastics, as well as entry into the machine-tool business.」

「Revenue in the Equipment and Systems product group increased 60.8% year on year to ¥153.365 billion, including the ¥7.8 billion year-on-year increase attributable to foreign-exchange effects, driven by higher revenue from semiconductor inspection equipment benefiting from strong 5G demand and can-making presses capturing the shift away from plastics, as well as entry into the machine-tool business.」

「Revenue in the Equipment and Systems product group increased 63.7% year on year to ¥73.090 billion, including the ¥4.4 billion year-on-year increase attributable to foreign-exchange effects, driven by higher revenue from semiconductor inspection equipment benefiting from strong 5G demand and can-making presses capturing the shift away from plastics, as well as entry into the machine-tool business.」

「We will redirect resources allocated to the development and production of HDD motors for end devices and concentrate them on new products, including mobility solutions, to accelerate the transformation of our business portfolio.」

「On 2 August 2021, NIDEC acquired the shares of 三菱重工工作機械株式会社, all equity interests held by the Mitsubishi Heavy Industries Group in three overseas subsidiaries specializing in machine tools, and the machine-tool businesses operated by those overseas subsidiaries for ¥16,981 million, comprising ¥15,919 million paid in cash and ¥1,062 million unpaid.」

「On 2 August 2021, NIDEC acquired the shares of 三菱重工工作機械株式会社, all equity interests held by the Mitsubishi Heavy Industries Group in three overseas subsidiaries specializing in machine tools, and the machine-tool businesses operated by those overseas subsidiaries for ¥16,981 million, comprising ¥15,919 million paid in cash and ¥1,062 million unpaid.」

「By combining the elemental technologies we have developed to date with M&A, we will master all five of these major waves and contribute to the sustainable development of the world.」

「NIDEC is currently seeking to ride five major waves of technological innovation: vehicle electrification, the expanding use of robots, the conversion of home appliances to brushless DC motors, labor-saving in agriculture and logistics, and next-generation technologies driven by 5G communications. These five areas are promising growth markets in strong demand to help address challenges facing the world, including carbon emissions, traffic accidents and population aging, and we will concentrate management resources on them.」

「On 31 October 2019, NIDEC acquired the shares of オムロンオートモーティブエレクトロニクス株式会社 (日本電産モビリティ), the shares of the overseas subsidiaries subject to acquisition and the overseas business subject to acquisition for ¥105,575 million in cash.」

「As a condition of the Embraco acquisition, the European Commission ordered us to sell the compressor business, Secop.」

「On 1 July 2019 (Brazil time), our Group completed the acquisition of all shares of Embraco, Whirlpool's compressor business, for fair value consideration of US$1,130 million.」

「Our business portfolio is being transformed and expanded with the aim of establishing four pillars: precision small motors, automotive, household-appliance, commercial and industrial, and other product groups. Since the introduction of the business-division structure in fiscal 2012, we have pursued market-oriented management through strategy development and business operations tailored to the characteristics of each business.」

「On 30 November 2018, NIDEC acquired a 48.0% stake in Taiwan-based Chaun-Choung Technology Corp. from its shareholders for ¥16,472 million in cash. Through collaboration with CCI, the transaction is intended to improve our thermal-management technology and product-development capabilities while enabling us to propose thermal solutions combining motor products to customers across a broad range of markets.」

「Through the transaction, 日本電産シンポ will have a full range of precision planetary gear reducers, including coaxial and right-angle types, and will be able to sell its gear reducers in Europe, a major market for planetary gear reducers, using Graessner's sales network.」

「Our subsidiary 日本電産サンキョー㈱ entered into a share transfer agreement to acquire 100% of Genmark Automation, Inc. through an SPC established for the share transfer on 24 April 2018 and, under the agreement, completed the acquisition on 30 April 2018 (U.S. time) (the transaction).」

「To achieve our medium-term strategic objectives, we will promote business portfolio transformation and expansion and integrated Group management, centered on our own-growth strategy and M&A strategy.」

「Recognizing the strategic importance of traction motors in the future automotive industry, the two companies have agreed to collaborate on low-cost, high-efficiency traction motors for MHEVs, EVs and PHEVs supplied to PSA.」

「Secop develops, manufactures and sells compressors for household and commercial refrigerators. The transaction will enhance our competitiveness in Europe in the household-appliance motor business, part of the household-appliance, commercial and industrial motor business, one of our Group's priority areas, while enabling our Group's global appliance business to make a full-scale entry into the refrigerator market. At the same time, refrigerator compressors will be added as a new product portfolio.」

「The business portfolio is built around four pillars: precision small motors; home appliance, commercial and industrial products; automotive products; and other product groups. Since introducing a business headquarters structure in fiscal 2012, we have pursued market-oriented management through strategy formulation and business operations tailored to the characteristics of each business, while transforming and expanding the business portfolio.」

「Through our subsidiary 日本電産モータ株式会社, we entered into a share transfer agreement with the shareholders of Canton Elevator, Inc. to acquire 100% of Canton Elevator's shares and, under the agreement, acquired all of its shares on 5 December 2016.」

「Through the transaction, we will further strengthen the household-appliance, commercial and industrial motor business, one of our Group's priority areas, and develop it to the next stage. Combining the target business's drives with our motors will enable us to strengthen our ability to propose solutions to customers.」

「The transaction is intended to enhance our competitiveness in Europe in the household-appliance motor business, part of the household-appliance, commercial and industrial motor business, one of our Group's priority areas, as well as to acquire IMEP's high-quality customer base. Through the transaction, we also intend to establish a major production base in a low-cost country for the household-appliance, commercial and industrial motor business.」

「To diversify risk and generate future growth, NIDEC is expanding its business portfolio into other areas.」