International Diversification of Production Sites and Supply Chain Strengthening
First written in FY2020. 5 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2023.
87 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「NIDEC has already built a production plant for EV motors and inverters in Serbia, Europe, plans to expand it further, and will strengthen its supply structure in Europe, where EV demand is expected to expand on the back of decarbonization.」
The company has completed construction of the EV motor and inverter plant in Serbia and is advancing the international diversification of its production sites together with Pinghu and other locations. - FY2023-Q2AdvancedAnnual report
「日本電産自動車モータ（浙江）有限公司; Pinghu, Zhejiang Province, China; AMEC; automotive-products manufacturing plant; 45,000; 41; internal funds; August 2022; September 2023」
The company began construction of an automotive-products manufacturing plant in Pinghu, China, giving concrete form to the international diversification of production capacity and supply structures, with total planned investment of ¥45 billion and completion scheduled for September 2023. - FY2022AdvancedAnnual report
「The company is also constructing an EV motor and inverter production plant in Serbia, Europe, and will strengthen its supply structure in Europe, where EV demand is expected to expand on the back of decarbonization.」
In addition to Pinghu, Dalian and Guangzhou in China, the company is constructing an EV motor and inverter plant in Serbia, advancing the international diversification of its production sites. - FY2022-Q2AdvancedAnnual report
「The impact of lower sales from the prolonged lockdown of manufacturing sites in Southeast Asia, primarily Vietnam, and the impact of temporary costs and other expenses arising from emergency production-site changes」
In response to site shutdowns caused by infectious diseases, the company implemented emergency production-site changes, demonstrating the operational deployment of manufacturing-site diversification and supply-chain measures. - FY2021AdvancedAnnual report
「A factory is already operating in Pinghu, and production is also planned for Dalian and Guangzhou. In development, the company established the Suzhou Development Center in Suzhou in 2019 and built a structure for rapidly responding to customer requirements through the localization of development.」
In China, the company is giving concrete form to international diversification and localization through production sites in Dalian and Guangzhou in addition to the Pinghu factory, and through the Suzhou Development Center. - FY2020First statedAnnual report
「NIDEC operates in more than 40 countries worldwide. For strategic products, primarily in Automotive, it has established an internationally diversified production structure, strengthened parallel production, and worked to identify critical processes upstream in the supply chain. As a measure to mitigate tariff risks arising from US-China trade friction, it transferred production of some automotive and home-appliance motors for the US market from China to Mexico.」
The company identified its presence in more than 40 countries, international diversification and parallel production of manufacturing sites, identification of critical processes, and the transfer of production from China to Mexico as risk-response measures.