Building an automotive systems business through the acquisition of Omron Automotive Electronics
First written in FY2019. 7 of 8 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「More recently, the Group has been leveraging synergies within the NIDEC Group to advance technology development and product development through power-pack integration, including electric water pumps and electric oil pumps combined with automotive motors, as well as inverters, one of the components of traction units for small EVs.」
The Company continues to develop pumps, inverters and power packs by combining Nidec Mobility's electronic control technology with its existing automotive motors. - FY2022AdvancedAnnual report
「More recently, the Group has been leveraging synergies within the Nidec Group to advance the development of technologies and products including electric water pumps and electric oil pumps combined with automotive motors, as well as inverters, one of the components of traction units for electric vehicles.」
The Company is combining Nidec Mobility's ECUs and power electronics with its existing motors to develop pumps, inverters and power packs. - FY2021AdvancedAnnual report
「More recently, the Group has been leveraging synergies within the Nidec Group to advance the development of technologies and products including electric water pumps and electric oil pumps combined with automotive motors, as well as inverters, one of the components of traction units for electric vehicles.」
The Company is combining Nidec Mobility's automotive electronics with its existing motors and other products to develop pumps, inverters and other products. - FY2021-Q3AdvancedAnnual report
「Nidec Mobility recorded total revenue of ¥64,230 million and operating profit of ¥4,953 million. Following the acquisition of OMRON Automotive Electronics Corporation in the third quarter of the previous fiscal year, it has been included as a newly reportable segment since the first quarter of the current fiscal year.」
Nidec disclosed post-acquisition nine-month cumulative revenue of ¥64,230 million and operating profit of ¥4,953 million for Nidec Mobility. - FY2020AdvancedAnnual report
「Revenue and profit for the year attributable to owners of the parent for the consolidated fiscal year include revenue of ¥43.689 billion and profit for the year attributable to owners of the parent of ¥2.820 billion from the operations acquired from Nidec Mobility after 31 October 2019.」
As a consolidated effect following the acquisition of OMRON Automotive Electronics, the Company recorded post-acquisition revenue of ¥43,689 million and profit attributable to owners of the parent of ¥2,820 million. - FY2020-Q3AdvancedAnnual report
「The revenue of ¥18.088 billion and quarterly profit attributable to owners of the parent of ¥1.134 billion from the operations acquired from Nidec Mobility after 31 October 2019 are also included.」
As the post-acquisition contribution from Nidec Mobility, post-acquisition revenue of ¥18.088 billion and quarterly profit attributable to owners of the parent of ¥1.134 billion were recorded. - FY2020-Q2AdvancedAnnual report
「On 31 October 2019, our group completed the acquisition of shares in OMRON Automotive Electronics Co., Ltd., shares and other interests in the overseas subsidiaries subject to the acquisition, and the transfer of the overseas business subject to the acquisition. The fair value of the consideration paid was approximately ¥108 billion.」
The acquisition of OMRON Automotive Electronics was completed, moving into the execution stage for creating automotive modular and system products combining electronic products such as ECUs with motors, pumps and gears, as well as sensor product lines. - FY2019First statedAnnual report
「Through this transaction, we will be able to create new modular and system products by combining various electronic products, including ECUs from OMRON Automotive Electronics, with motors, pumps, gears and other products from our group.」
The company disclosed that it had entered into an acquisition agreement on 16 April 2019, with a transaction value of approximately ¥100 billion and completion scheduled for around the end of October 2019. The transaction aims to create automotive modular and system products combining ECUs, motors, pumps and gears, as well as product lines of sensors for autonomous driving.