September 21, 2017 2:36 PM ET

Distributors

Company Overview of Nidec (H.K.) Co., Limited

Company Overview

Nidec (H.K.) Co., Limited engages in distribution of precision motors, mid-size motors, machinery, and electronic components. The company was founded in 1993 and is based in Kwai Chung, Hong Kong. Nidec (H.K.) Co., Limited operates as a subsidiary of Nidec Corp.

Unit 3908-10

Tower 2, Metroplaza

223 Hing Fong Road

Kwai Chung,  

Hong Kong

Founded in 1993

Phone:

852 2317 5228

Fax:

852 2375 1101

Key Executives for Nidec (H.K.) Co., Limited

President and Director
Age: 68
Compensation as of Fiscal Year 2017.

Nidec (H.K.) Co., Limited Key Developments

NCH Announces Newly-Launched Duo Power M, Heavy-Duty Cleaner

NCH has announced the newly-launched Duo Power M, heavy-duty cleaner which can replace a whole inventory of specialized products. It is useful as a fleet washer, steam cleaner and degreaser. Duo Power M is a heavy-duty cleaner that penetrates grime, strips away heavy grease, soot, oils, dirt, road film, even to heavily soiled surfaces effectively. It is non-silicate, which can be used on glass, paint, rubber, anodized aluminium, and polished surfaced without destroy the surface. It also acts as corrosion inhibitor. It is a user-friendly cleaner product with non-toxic, and biodegradable surfactants. It is safe to use for most industries – automotive, manufacturing, marine, food processing, construction, municipality, etc. It is recommended to use for marinas and dockyards because of its diphase cleaning – removing oil sludge from water.

Nidec (H.K.) Co., Limited Reports Unaudited Earnings Results for the Year Ended March 31, 2016

Nidec (H.K.) Co., Limited reported unaudited earnings results for the year ended March 31, 2016. For the year, the company’s net sales were JPY 114,785 million compared to JPY 82,760 million a year ago. Operating income was JPY 372 million compared to JPY 613 million a year ago.

Nidec (H.K.) Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2015

Nidec (H.K.) reported unaudited earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported operating income of JPY 268 million compared to JPY 128 million a year ago. For the six months, the company reported operating income of JPY 425 million compared to JPY 254 million a year ago. Net sales were JPY 47,718 million compared to JPY 40,221 million a year ago. The net sales increase was primarily due to an increase in sales of other small precision motors and the positive effects of the depreciation of the Japanese yen against the Hong Kong dollar and the Chinese yuan, despite a decrease in demand for hard disk drives spindle motors. The operating income increase was primarily due to the increase in sales.

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Recent Private Companies Transactions

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