Nidec Corporation operates in the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nidec with three other
electrical equipment manufacturers in Asia:
Johnson Electric Holdings Limited
of Hong Kong
sales of 17.34 billion Hong Kong Dollars [US$2.24 billion]
of which 100%
was Manufacturing & trading),
Yaskawa Electric Corporation
(411.26 billion Japanese Yen [US$3.65 billion]
of which 46%
was Motion Control), and
Toyo Denki Seizo K.K.
(39.75 billion Japanese Yen [US$352.94 million]
of which 67%
was Transportation Business).
Nidec reported sales of ¥1.18 trillion (US$10.46 billion)
March of 2016.
increase of 14.6%
versus 2015, when the company's sales were ¥1.03 trillion.
This was the fourth straight year of sales growth at Nidec.
Sales of Nidec Motors and Actuators saw an increase
that was more than double the company's growth rate: sales were up
43.4% in 2016, from
¥172.70 billion to ¥247.66 billion.
Nidec also saw significant increases in sales in
Nidec Corporation (Hong Kong) (up 39.3% to ¥113.47 billion)
Net (Nidec Thailand) (up 20.3% to ¥89.80 billion)
Not all segments of Nidec experienced an increase in sales in 2016:
sales of Nidec Tecnom fell 0.5% to ¥58.46 billion.