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 489.30 billion Japanese Yen [US$4.37 billion]
of which 47%
was Motion Control),
Shanghai Electric Group Company Ltd
(101.16 billion Chinese Renmimbi [US$15.08 billion]
Dongfang Electric Corp Ltd
based in China
(30.71 billion Chinese Renmimbi [US$4.58 billion]
of which 89%
was Clean and Efficient Energy Equipment).
Nidec reported sales of ¥1.49 trillion (US$13.29 billion)
March of 2018.
increase of 24.1%
versus 2017, when the company's sales were ¥1.20 trillion.
Sales at Nidec have increased during each of the previous five years
(and since 2013, sales have increased a total of 110%).
Sales of Nidec Motor saw an increase
that was more than double the company's growth rate: sales were up
74.7% in 2018, from
¥249.21 billion to ¥435.27 billion.
Nidec also saw significant increases in sales in
Nidec Tecnom (up 34.1% to ¥82.42 billion)
Not all segments of Nidec experienced an increase in sales in 2018:
sales of Ncs (Nidec Singapore) fell 5.0% to ¥50.24 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nidec also experienced decreases in sales in
Nidec Corporation (Hong Kong) (down 3.2% to ¥124.87 billion)