Nidec Corporation Celebrates 10 Years of Trading

Nidec Corporation (NYSE-Listed NJ) visited the NYSE to mark the company’s 10th anniversary of trading on the NYSE. In honor of the occasion, Chairman of the Board, President & Chief Executive Officer Shigenobu Nagamori rang The Closing BellSM.

Nidec Corporation (NYSE: NJ)

With a business focus on the development and manufacturing of motors, or in broader terms, "everything that spins and moves." Nidec has grown to be the world's largest manufacturer of BRUSHLESS DC MOTORS claiming dominant market share in many different fields. Nidec not only holds approximately 80% of the global share in HDD motors, it is now quickly expanding its presence in areas such as Automobile, Industrial, and Appliances motors. Toward the fulfillment of its FY2012 sales target of one trillion yen, the strategies revolve around a vigorous expansion of the BRUSHLESS DC MOTOR market and forward-looking M&A. (Source: http://www.nidec.com/)