Nidec Corp. announced that it has agreed with Sanyo Electric Co., Ltd. to purchase all of the outstanding shares in Sanyo Seimitsu Co., Ltd., and that it has entered into a share purchase agreement with Sanyo Electric on December 9, 2010.
While striving to further accelerate its organic growth, Nidec has also pursued growth through acquisitions in order to achieve the goals and targets set forth in its “Vision 2015” mid- to long-term growth strategy, one of which is to create a group of companies having aggregate sales of ¥2 trillion by 2015.