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 410.96 billion Japanese Yen [US$3.78 billion]
of which 43%
was Motion Control),
Zhuzhou CRRC Times Electric Co Ltd
(15.92 billion Chinese Renmimbi [US$2.44 billion]
Shanghai Electric Group Company Ltd
based in CHINA
(137.29 billion Chinese Renmimbi [US$21.05 billion]
of which 36%
was Energy equipment).
Nidec reported sales of ¥1.53 trillion (US$14.10 billion)
March of 2020.
a very small
increase of 1.1%
versus 2019, when the company's sales were ¥1.52 trillion.
Sales at Nidec have increased during each of the previous five years
(and since 2015, sales have increased a total of 49%).
Sales of Other Segment saw an increase
that was more than double the company's growth rate: sales were up
25.6% in 2020, from
¥210.44 billion to ¥264.28 billion.
Nidec also saw significant increases in sales in
Nidec Motor (up 6.8% to ¥487.60 billion)
Not all segments of Nidec experienced an increase in sales in 2020:
sales of Nsnk (Nidec Sankyo) fell 10.8% to ¥134.70 billion.
Nidec also experienced decreases in sales in
Nidec Motors and Actuators (down 4.8% to ¥262.38 billion)
Nidec Corporation (Hong Kong) (down 7.4% to ¥114.87 billion)
Net (Nidec Thailand) (down 2.6% to ¥102.56 billion)
Nidec Tecnom (down 9.7% to ¥72.40 billion)
Ncpl (Copal) (down 8.8% to ¥33.07 billion)