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History
1993-1997 BACK NEXT


Corporate Office

Nidec Power General Corp.
1993
Apr. Nidec Electronics GmbH is established in Germany.
Sep. Corporate Office is transferred to company-owned building in Ukyo-Ku, Kyoto.
Oct. Masaka Electronics Co.Ltd. is purchased and merged with Ibaragi Nidec Corp. to form Nidec Power General Corp.
Oct. Nidec (H.K.) Co., Ltd. is established as an IPO base in Hong Kong.


 
1994
Jan. Shiga Factory is reorganized into the Technical Center.
May Koyo Nidec (Dalian) Precision Bearings Co., Ltd. is established as a joint venture with Koyo Seiko Co., Ltd.


Kyoritsu Machinery Co., Ltd.

Shimpo Industries Co., Ltd.
1995
Feb. Kyoritsu Machinery Co., Ltd. becomes Nidec's affiliate through share purchase (Nidec Machinery Corp.)
Feb. Shimpo Industries Co., Ltd., the leading manufacturer of variable transmissions, becomes Nidec's affiliate through share purchase.
Dec. Nidec Philippines Corp. is established.


 
1996
Apr. Kyoto South Factory is established.


Tosok Corp.

Read Electronics Corp.

Kyori Kogyo Co., Ltd.
1997
Mar. Tosok Corp. becomes Nidec's affiliate through share purchase.
Apr. Technical Center is renamed Shiga Technical Center.
Apr. Nagano Nidec Corp. is merged with Nagano Technical Center.
Apr. Okayama Nidec Corp. is merged and becomes Okayama Factory of Nidec Electronics Corp.
Apr. Read Electronics Corp. becomes Nidec's affiliate through purchase of shares (now Nidec-Read Corp.).
May Kyori Kogyo Co., Ltd., becomes Nidec's subsidiary (Nidec-Kyori Corp.).
Oct. Nidec Power General Corp. receives investment from Potrans Japan Co., Ltd. and others, becoming Nidec Potrans Corp.
Dec. Nidec Tosok (Vietnam) Co., Ltd. is established as a joint venture with Tosok Corp.



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