Nikkei (Free subscription) | 10/02/2008
ANALYSIS: Nidec, Founder Nagamori On M&A SpreeKYOTO (Nikkei)--Nidec Corp. (6594), a maker of various motor products, is continuing its longstanding mission of expansion through mergers and acquisitions, driven by its charismatic founder and president Shigenobu Nagamori.
Nikkei (Free subscription) | 10/01/2008
Nidec Pres: To Buy Fuji Electric Motor Unit For Up To Y10bnTOKYO (Dow Jones)--Nidec Corp. (6594) President Shigenobu Nagamori said Wednesday that his company will pay up to Y10 billion to take a 60% stake in Fuji Electric Holdings Co.'s (6504) industrial motor unit.
Reuters UK (Free subscription) | 10/01/2008
TOKYO, Oct 1 (Reuters) - Japan's Nidec Corp , the world's largest maker of tiny motors used in hard disk drives, plans to buy a majority stake in Fuji Electric Holdings' industrial motor unit, in a move expected to help cut costs amid a fierce price war.
Nikkei (Free subscription) | 09/30/2008
ANALYSIS: Nidec Using M&As To Broaden Business LineupKYOTO (Nikkei)--Nidec Corp. (6594) continues to wage an aggressive merger and acquisition campaign aimed at becoming a one-stop shop for electric motors.
Nikkei (Free subscription) | 09/30/2008
Nidec To Buy Fuji Electric's Heavy Motor Business For Y10bnKYOTO (Nikkei)--To diversify into broader business segments, precision motor maker Nidec Corp. (6594) will acquire Fuji Electric Holdings Co.'s (6504) industrial motor unit in a deal estimated at nearly 10 billion yen, The Nikkei has learned.
Nikkei (Free subscription) | 09/24/2008
Nidec's Latest Takeover Attempt Could Spur Japan M&ATOKYO (Nikkei)--Nidec Corp. (6594) has announced a bold tender offer for Toyo Denki Seizo K.K. (6505), heightening expectations that Japan's cautious mergers and acquisitions culture might finally be changing.
Nikkei (Free subscription) | 09/16/2008
Nidec Proposes Tender Offer To Toyo Denki, Seeking Board SupportTOKYO (Nikkei)--Nidec Corp. (6594) said Tuesday that it has proposed a tender offer for Toyo Denki Seizo KK (6505) to the management of the railroad-related equipment maker.
Nikkei (Free subscription) | 09/16/2008
Nidec Proposing Capital Alliance With Toyo DenkiTOKYO (Dow Jones)--Japan's Nidec Corp. (6594) said Tuesday that it has submitted a proposal to form a capital alliance and operation tie-up with Toyo Denki Seizo K.K. (6505) in its latest attempt to grow through mergers and acquisitions.
Market Watch (Free subscription) | 09/16/2008
HONG KONG (MarketWatch) -- Nidec Corp. , a producer of small and mid-sized brushless motors, offered to buy Toyo Denki Seizo K.K for 635 yen, or about $6.01, a share. That's more than double Toyo's closing price on Sept. 12, Nidec said in a statement Tuesday. Nidec, a specialist in brushless motor technology for the IT industry, wants to buy at least 50.1% of Toyo's 46.58 million shares outstanding....
Reuters UK (Free subscription) | 09/16/2008
TOKYO, Sept 16 (Reuters) - Nidec Corp , the world's largest maker of tiny motors used in hard disk drives, offered to pay up to $283 million to buy Toyo Denki Seizo , aiming to tap overseas demand for motors used in railway cars.
EuroInvestor.co.uk (Free subscription) | 09/16/2008
KYOTO, Japan, Sept. 16, 2008 (GLOBE NEWSWIRE) -- Nidec Corporation ("Nidec") (NYSE:NJ) announced today that it has submitted to the board of Toyo Denki Seizo K.K. ("Toyo Denki") (Tokyo Stock Exchang.. - Read more
Green Car Congress (Free subscription) | 08/29/2008
Nidec Corporation is building an annex laboratory on the premises of its largest R&D plant in Shiga, Japan to bolster its new development efforts, particularly in the automotive motor section.
Nikkei (Free subscription) | 08/29/2008
Nidec To Build R&D Site For Electric Car MotorsTOKYO (Nikkei)--Nidec Corp. (6594) announced Friday that it will construct an automotive motor R&D facility in Shiga Prefecture.
Nikkei (Free subscription) | 08/27/2008
Nidec Sankyo To Build China Plant For White-Goods SubsystemsTOKYO (Nikkei)--Nidec Sankyo Corp. (7757) has announced plans to construct a new plant for white-goods motor drive systems in China.
Nikkei (Free subscription) | 07/24/2008
Nidec's April-June Net Profit Seen Rising 35% To Record Y15bnTOKYO (Nikkei)--Nidec Corp.'s (6594) group net profit likely surged 35% on the year to around 15 billion yen in the April-June quarter on strong sales of midsize motors, in-house manufacturing of parts for small precision motors, and productivity gains.
