Nidec : Integrated Report 2023 Now Available for Viewing on the Official Website
December 28, 2023 at 10:06 am IST
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We have released the "Integrated Report 2023". This report summarizes the financial and non-financial information to help our stakeholders understand the path of NIDEC Group's sustainable growth and value creation. NIDEC Group will stay committed to disclosing quality information to its stakeholders.
To view Integrated Report 2023, please click here.
Nidec Corporation published this content on 28 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2023 04:34:39 UTC.
Nidec Corporation specializes in the development, manufacturing and marketing of small precision motors and automotive and appliance components. Net sales break down by family of products as follows:
- appliances, air-conditioning and industrial equipment motors (40.5%);
- small precision motors (21.9%): pin motors for hard drives, fan motors, vibrating motors, brush motors and motor applications, etc. ;
- automotive components (21.3%);
- machines (12.1%): industrial robots, card readers, test systems, presses and power transmission drives, etc. ;
- electronic and optical components (3.9%): switches, trimmer potentiometers, lens units and camera shutters, etc. ;
- other (0.3%).
The net sales are distributed geographically as follows: Japan (17.8%), China (26.7%), the United States (21.6%), Germany (6.1%), Italy (5.5%), Thailand (5.2%) and other (17.1%).