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:
Yaskawa Electric Corporation
sales of 394.88 billion Japanese Yen [US$3.69 billion]
of which 46%
was Motion Control),
TECO Electric & Machinery Company Limited
(50.94 billion Taiwanese Dollars [US$1.73 billion]
of which 62%
was Motor/Heavy Electric Division), and
Shanghai Electric Group Company Ltd
based in China
(79.54 billion Chinese Renmimbi [US$12.66 billion]
Nidec reported sales of ¥1.20 trillion (US$11.21 billion)
March of 2017.
a very small
increase of 1.8%
versus 2016, when the company's sales were ¥1.18 trillion.
Sales at Nidec have increased during each of the previous five years
(and since 2012, sales have increased a total of 76%).
Sales of Nidec Corporation (Hong Kong) saw an increase
that was more than double the company's growth rate: sales were up
13.6% in 2017, from
¥113.47 billion to ¥128.94 billion.
Nidec also saw significant increases in sales in
Nidec Motor (up 10.9% to ¥249.21 billion)
Nsnk (Nidec Sankyo) (up 5.1% to ¥135.69 billion)
Nidec Tecnom (up 5.2% to ¥61.47 billion)
Ncj (Nidec) (up 3.2% to ¥32.39 billion)
Not all segments of Nidec experienced an increase in sales in 2017:
sales of Ncs (Nidec Singapore) fell 22.4% to ¥52.88 billion.
Nidec also experienced decreases in sales in
Nidec Motors and Actuators (down 1.5% to ¥243.91 billion)
Net (Nidec Thailand) (down 0.3% to ¥89.57 billion)
Ncpl (Copal) (down 7.3% to ¥36.65 billion)