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:
CG Power and Industrial Solutions Ltd
sales of 79.98 billion Indian Rupees [US$1.13 billion]
of which 58%
was Power Systems),
Toyo Denki Seizo K.K.
(41.17 billion Japanese Yen [US$373.84 million]
of which 66%
was Transportation Business), and
Yaskawa Electric Corporation
(474.64 billion Japanese Yen [US$4.31 billion]
of which 43%
was Motion Control).
Nidec reported sales of ¥1.52 trillion (US$13.79 billion)
March of 2019.
increase of 2.0%
versus 2018, when the company's sales were ¥1.49 trillion.
Sales at Nidec have increased during each of the previous five years
(and since 2014, sales have increased a total of 74%).
Sales of Other Segment saw an increase
that was more than double the company's growth rate: sales were up
12.3% in 2019, from
¥187.44 billion to ¥210.44 billion.
Nidec also saw significant increases in sales in
Nidec Motor (up 4.8% to ¥456.37 billion)
Not all segments of Nidec experienced an increase in sales in 2019:
sales of Ncj (Nidec) and Other fell 11.9% to ¥32.05 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 0.7% to ¥124.02 billion)
Net (Nidec Thailand) (down 3.9% to ¥105.32 billion)
Nidec Tecnom (down 2.7% to ¥80.21 billion)
Ncs (Nidec Singapore) (down 6.2% to ¥47.12 billion)
Ncpl (Copal) (down 8.5% to ¥36.27 billion)