NIDEC CORPORATION | ||
ESG Small Meeting | ||
Presentation Material | ||
EMEA Tel: +31-06-8393-1827 | E-mail: iwai.yuji@nidec.com | |
U.S. | Tel: +1-212-703-7988 | E-mail: nagase.kiyoshi@nidec.com |
Japan | Tel: +81-75-935-6140 | E-mail: ir@nidec.com |
Disclaimer Regarding Forward-looking Statements
These presentation materials and the related discussions contain forward-looking statements including expectations, estimates, projections, plans and strategies. Such forward-looking statements are based on management's targets, assumptions and beliefs in light of the information currently available. Certain risks, uncertainties and other factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such risks and uncertainties include, but are not limited to, changes in customer circumstances and demand, exchange rate
fluctuations, and the Nidec Group's ability to design, develop, mass produce and win acceptance of
its products and to acquire and successfully integrate companies with complementary technologies and product lines. Please see other disclosure documents filed or published by the Nidec Group companies, including the Japanese securities report, for additional information regarding such risks and uncertainties. Nidec undertakes no obligation to update the forward-looking statements unless required by law.
1/16
Sales by Product Group (FY2019)
Services, music box products | 0.3% |
(0.3%) | |
Others
Parenthetic percentages represent FY2018 mix
Electronic & Optical
Components
Camera shutters, switches, trimmer potentiometers, processing, precision plastic mold products
Machinery
Industrial robots, circuit board testers, high-speed pressing machines, chip mounters, measuring equipment, power transmission equipment, factory automation system, card readers
Appliance,
Commercial and
Industrial Products
9.8%
(11.1%)
36.7%
(33.6%)
3.9%
(4.9%)
HDD Motors
10.2%
(12.1%)
17.4%
(17.8%)
1.5348T
21.7%
(20.2%)
Small Precision Motors
27.6%
(29.9%)
Other Small MotorsOptical disk drive motors, OA equipment motors, polygon scanners motors, MPU cooling fans, game machine fans, PC/communications equipment fans, home appliance fans,
automobile fans, vibration motors, brushed motors, stepping motors, actuator units
Automotive
Products
2/16
Consolidated Quarterly Net Sales and Operating Profit | ||||||||||||
Continuing WPR4 cost restructuring and preparing for demand recovery | ||||||||||||
(Net Sales in | (Operating Profit in | |||||||||||
Billions of Yen) | Billions of Yen) | |||||||||||
600 | 60 | |||||||||||
Net Sales (LHS) | Operating Profit (RHS) | |||||||||||
500 | WPR3 | 50 | ||||||||||
WPR4 | ||||||||||||
400 | 40 | |||||||||||
300 | 30 | |||||||||||
WPR1 | WPR2 | |||||||||||
200 | 20 | |||||||||||
Earthquake | ||||||||||||
100 | Disaster | 10 | ||||||||||
Thai | ||||||||||||
Lehman Crisis | ||||||||||||
Floods | ||||||||||||
0 | 0 | |||||||||||
Q1Q2Q3Q4Q1 Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2 Q3Q4Q1Q2Q3Q4Q1 Q2Q3Q4 Q1Q2Q3Q4 Q1Q2Q3 Q4Q1Q2Q3Q4Q1 | ||||||||||||
FY08 | FY09 | FY10 | FY11 | FY12 | FY13 | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 FY20 | -25.4 |
Structural Reform | 3/16 | |||||||||||
New 5 Big Waves in a Post-Pandemic World
Nidec's business solutions that solve the common problems of humankind
Vapor chamber Heat pipe
Traction motor Traction motor system | ||
ADAS related product | (E-Axle) | |
Fan5G & Thermal solutions | ||
Decarbonization | ||
(Keywords: Tactile sense, image stabilization and heat ventilation module) | ||
(Keywords: Drive/Turn/Brake, safety/comfort and thermal management) | ||
Reducer Motor for drones
Automated guided vehicle
Manpower saving
(Keywords: Industrial robots, servicing robots and logistics)
Nearline HDD motor
Digital data explosion | Power saving |
Home appliance motor
(Keywords: High speed / large data, GAFA* and "Stay Home") | (Keywords: Sterilization, hygiene and "Stay Home") | |
Refrigerator compressor | 4/16 | |
* GAFA: Google, Apple, Facebook and Amazon |
Demand for Teleworking
Ultra thin/ultra small fan motor "UltraFlo FDB (UFF)" supports the solid demand for teleworking
(Million units)
6
Record high
5
4
3
2
1
0
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 |
FY18 | FY19 | FY20 |
5/16
- Small Precision Motors: Other COVID-19-related New Businesses
Hygiene | |||
Mask fan | Medical respirator | ||
Image of a medical circulator | |||
Product | |||
overview |
A thin, low-vibration UFF | Applied use of an | |||
used to assist a mask wearer | ||||
automotive seat fan | ||||
to breathe | ||||
Teleworking
Increasing demand for laptop PCs
The pace of PC
replacement demand accelerating due to a growing number of people teleworking
Increasing use of web-conferencing and
video-viewing systems
Web-conferencingVideo-viewing | Cloud service operators |
services | services |
Increase in
demand
for servers
6/16
Automotive: Sales of Vehicles with Nidec's E-Axle
The total number of vehicles using our E-Axle (traction motor system) exceeds 58K units.
E-Axle>
(Source: MarkLines)
(Units)
Numbers are in
gradual recovery trend
from March after
bottoming in February
Orders for Nidec's E-Axle :
As of Q4/FY2019 account closing: | As of Q1/FY2020 account closing: | ||||||||||
7 customers | 15 customers | ||||||||||
China: | Europe: | Americas: | China: | Europe: | Americas: | Japan: | |||||
5 | 1 | 1 | 12 | 1 | 1 | 1 | |||||
E-Axle as of July 1st, 2020> | |||||||||||
(In order of launch date) | |||||||||||
OEM | Model | ||||||||||
GAC New Energy Automobile | Aion S | ||||||||||
GAC Toyota Motor | iA5 | ||||||||||
GAC New Energy Automobile | Aion LX | ||||||||||
GAC NIO New Energy Automobile | HYCAN 007 | ||||||||||
Technology | |||||||||||
Geely Automobile | Geometry C | ||||||||||
GAC New Energy Automobile | Aion V | ||||||||||
7/16 | |||||||||||
Automotive: Launch of a New EV Model with Nidec's E-Axle (1)
Geely Automobile's Geometry C adopts Nidec's E-Axle
Geely Automobile's Geometry C
(Reference) https://www.nidec.com/en/product/news/2020/news0527-01/
Geely Automobile is actively promoting EVs and setting up a joint venture for developing Smart EV in 2020 with Daimler group.
New model EV, Geometry C, is the second model to be added to the high-end EV lineup by Geely Automobile, capable of achieving a cruising range of more than 500 km, and great competitiveness is expected as an automatic parking system and the latest intelligent network technology compatible with 5G are installed.
Nidec's "E-Axle Ni150Ex" installed in Geometry C is a model that has evolved from the E-Axle that started mass production in April 2019. It contributes greatly to improving the power performance, electricity cost performance, sound and vibration performance and reducing vehicle weight of Geometry C by applying Nidec's unique technologies. (eg; circuit designs, the light, thin, short and small motor structure utilizing the permanent magnet and unique motor oil cooling structure, and the adoption of the second generation inverter.)
8/16
Automotive: Launch of a New EV Model with Nidec's E-Axle (2)
Nidec's E-Axle Drives GAC New Energy Automobile's New EV "Aion V"
GAC New Energy Automobile Co., Ltd. (GAC NE) is a brand
established in 2017 that manufactures electric vehicles under the | ||
umbrella of China's GAC Group. GAC NE has grown rapidly | ||
and secured a prominent position in the market as the first car in | ||
the Aion series-AionS-has constantly ranked among the | ||
best-selling electric vehicles in China since its launch in May | ||
2019. | ||
The newly launched Aion V-the third model in the Aion | ||
series-is based on GAC NE's aluminum EV platform GEP2.0. | ||
The car incorporates a number of new technologies such as 5G | ||
connectivity, automatic parking and level 3 autonomous driving | ||
based on high-accuracy maps. | ||
GAC New Energy Automobile's Aion V | Nidec's Ni150Ex E-Axle that powers the Aion V has been | |
adopted by 6 different electric vehicle models so far. | ||
(Reference) https://www.nidec.com/en/product/news/2020/news0709-01/ | ||
9/16 |
Traction Motor : Setting Up 10 Million Unit Capacity for FY2030
Preparing for a 10 million unit production in FY2030 by solidifying production and development
to capture the rapid increase of demands
(Million units) | ||||
10 | [0→0.1] | [0.1→1] | [1→10+] | |
Focusing on productization | ||||
Global No.1 share | Establishing 10M capacity | |||
8 | and product launch | |||
*Aggregates of E-Axle and HEV motors
<An enlarged view of the left graph from FY18 to FY23>
6 | (Million units) |
4 | Rapid expansion | 2.5 | ||||||||||||||||||||
2 | 2 | |||||||||||||||||||||
1.5 | ||||||||||||||||||||||
0 | 1 | |||||||||||||||||||||
0.5 | ||||||||||||||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | ||||||||||
0 | ||||||||||||||||||||||
Project management with 10 million unit production in FY2030 in sight | ||||||||||||||||||||||
Developing next | Allocation of capacity | Quality and cost | Capacity | |||||||||||||||||||
generation E-Axle | Choosing the optimum | control | Reducing equipment costs | |||||||||||||||||||
Accelerating modularization | production locations by | Proactively promoting in- | ||||||||||||||||||||
by collaborating within the | ||||||||||||||||||||||
and | achieving low cost, | looking three to five years | house production to control | |||||||||||||||||||
group and developing local | ||||||||||||||||||||||
high efficiency, and further | ahead | quality and reducing BOM | ||||||||||||||||||||
suppliers | 10/16 | |||||||||||||||||||||
miniaturization | cost | |||||||||||||||||||||
Battery Energy Storage Systems that Support the Use of Renewable Energies
BESS (Battery Energy Storage System) | Micro-grid system in Chile |
system in Germany |
Power conversion system essential for BESS
Photovoltaic power generation plant in a suburb of Ciminna, Sicily, Italy
11/16
Nidec's Product Line-ups Expanding into Robotics
Service/Communication robots | Commercial/Industrial robots | Logistics/Agricultural fields | ||||
Wide angle optical | Tactile device | Drone motor | Automated guided vehicle | |||
image stabilizer camera | Wafer/ LCD transfer robot | |||||
module (TiltAC) | Reducer series | S-CART | ||||
Wide angle camera module | Aperture unit for drone | Motor for pallet truck | ||||
LCD panel | ||||||
Coreless motor | handling robot | |||||
Encoder | ||||||
TiltAC Module | ||||||
Universal AC/ | ||||||
servo drive | Pressure sensor | |||||
Stepping motor | Motor for | Motor for electric | ||||
Ultra-flat geared actuator | warehouse conveyor | counter-balance forklift | ||||
Robot controller | Robot module | Motor for electric scissor lift | ||||
Brush motor | ||||||
Motor for construction/ | ||||||
Motor for wheel drive | Reducer | DC servo module | AC servo motor | Frameless motor | Geared servo motor | mining/ agriculture |
12/16
CSR Vision 2020
13/16
- ESG Initiatives
Environment Climate change initiative SMART2030 taking hold
SMART2030 (Sustainable Manufacturing And Resilient Tomorrow)
A 30% cut in
operational GHGs* * Key
- More energy-efficient operations
( LED lighting for new facilities, energy-saving air conditioning, AI-backed manufacturing processes)
by FY2030
Steps
Using renewable sources of energy |
(from FY2017 levels)
*GHG: Greenhouse Gas
- Draw renewable electricity directly from power suppliers |
- Purchase certified renewable electricity using a Green Power Certification System |
- Generate renewable electricity using solar panels, etc. |
Society D&I** Promotion Office launched(April 2020)
**D&I: Diversity & Inclusion
Building strength by | Key |
leveraging the power | Roles |
of multiple points of | |
view |
- Attain productive development based on gender equality and work-life balance by:
- helping employees enhance work efficiency, improve time management skills, and boost health
- creating and maintaining career development framework
- staying committed to the predetermined gender diversity target of women holding at least 8% of managerial positions
Corporate Governance Transition to a company with audit and supervisory committee | |||||||
5 out of 9 Board seats to be held by external members (including 2 women) upon shareholder approval. | |||||||
Key | - Board members | - Board members not serving on Audit and | |||||
Reinforcing the Board's | Changes | Supervisory Committee | |||||
oversight capability | From | (Internal: 6, External: 2) | To | (Internal: 2. External: 2) | |||
- Audit & Supervisory Board members | |||||||
- Board members serving on Audit and | |||||||
(Internal: 2, External: 3) | |||||||
Supervisory Committee | |||||||
14/16 | |||||||
(Internal: 2, External: 3) | |||||||
Nidec's Focus on Employee Health
Aiming to enhance corporate value further through productivity reform by enhancing employees' health, motivating and encouraging employees
Nidec's declaration of health-oriented management
Nidec Group considers its employees' health and satisfaction as its important source of management, and promotes measures to realize "health-oriented management".
Our employees' health is invaluable to themselves and their families. We also consider that our employees challenging proactively and continuing to play an active part will lead to materializing "a company that will last more than 100 years". We declare to establish "health-oriented management" as the foundations to support the next generation society together with our employees and their families, and aim to become a company where each member continues to give their best performance with passion and enthusiasm.
Founder, Chairman and CEO Shigenobu Nagamori
- Health Promotion Committee has been established to facilitate liaising with the management, the corporate health insurance association, industrial doctors and employees.
- In light of reducing the risk of COVID-19 infection, phased reduction of smoking hours is under way and total smoking ban on Nidec's premises is expected by the end of FY2021.
- Further improvements and measures for health promotion will be implemented through analyses of our employees' health conditions and issues.
15/16
Evaluation by Society
*Eruboshi certification: A certification by Japan's Ministry of Health, Labour and Welfare for companies with an excellent track record of activities and status to promote the empowering of women.
*Nadeshiko brand: A brand given by Japan's Ministry of | ||
Economy, Trade and Industry and Tokyo Stock Exchange to | 16/16 | |
companies with an excellent track record of empowering women. | ||
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Nidec Corporation published this content on 31 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2020 02:34:06 UTC