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May 02, 2024
 

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NIDEC

Japan Times
BUSINESS / Companies
Jan 26, 2017
Nidec to invest ¥100 billion to eliminate overtime work
Japanese motor maker Nidec Corp. said Thursday it plans to invest ¥100 billion ($878 million) on robots and supercomputers to eliminate overtime work for its 10,000 group employees in Japan by 2020.
BUSINESS / Markets
Dec 13, 2016
Muddy Waters targets Nidec in first Japan short
Carson Block, the prominent short seller and founder of Muddy Waters Capital LLC, targeted a Japanese firm for the first time with a negative report on motor-maker Nidec Corp.
Japan Times
BUSINESS / Companies
Aug 3, 2016
Precision motor-maker Nidec to expand outside Japan with $1.2 billion purchase of Emerson Electric businesses
Precision motor-maker Nidec Corp. has agreed to pay $1.2 billion (about ¥120 billion) for the motors, drives and electric power generation business of Emerson Electric Co., adding customers in Europe and North America in its largest purchase ever.
Japan Times
BUSINESS / Companies
Jul 17, 2015
Ambition and ego: Inside Nagamori's Nidec
Ambition matters more than brains in Shigenobu Nagamori's world. As chief executive officer of Japanese motor maker Nidec, Nagamori is known for his eccentric management style.
Japan Times
BUSINESS / Companies
May 29, 2015
Nidec's 70-year-old CEO plans to run company 15 more years
Shigenobu Nagamori plans to lead Nidec Corp. until he hits his latest financial target, a 10-fold increase in revenue he expects by 2030. He'll be 85 then.
BUSINESS / Companies
Sep 26, 2013
Nidec to buy out Mitsubishi Material's motor-making unit
Precision motor manufacturer Nidec Corp. said Thursday it will buy out a Mitsubishi Materials Corp. subsidiary that makes motors for automobiles as it prepares to jump into the growing market for such products.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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