Abstract
Nidec Corporation, established by Shigenobu Nagamori, became a remarkable example of successful entrepreneurship in the Japanese manufacturing industry. Nidec was started by just four people in 1973 as a motor technology company and currently employs over 100,000 people globally. How could Nidec grow successfully? There are several reasons for its success. Nidec focused on small precision motors for HDDs (hard disk drives) in information equipment such as PCs, which big companies did not notice initially. Therefore, Nidec could rapidly develop alongside the international growth of business for PCs and data storage. Moreover, the Nidec Group has expanded their motor business from information devices to various applications such as cars and robots through mergers and acquisitions (M&A). This shows Nagamori’s excellent ability to forecast business trends. An important factor to his success is that he has considered the global market since the beginning of Nidec. We feel that the essence of Nidec’s growth is “Nagamori-ism,” which is his philosophy and methodology of managing his company.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Asada, H., Yoshikawa, K., Kazusa, Y. (2013). Management Accounting Change in Nidec Corporation (in Japanese). Journal of the Japan association of management and accounting, 21(2), 41–60.
Kawakatsu, N. (2016). 42 fax from the president Shigenobu Nagamori (in Japanese), President Inc.
Nagamori, S. (1998). Become a person that moves people (in Japanese), Mikasa Shobo.
Nagamori, S. (2005). Management based on 「Passion, Enthusiasm, Tenacity」 (in Japanese), PHP Institute.
Nagamori, S. (2008). The miracle method of human resource development (new edition) (in Japanese), PHP Institute.
Nagamori, S., & Iga, Y. (2017). Work style reform challenging by Nidec – The productivity improvement is necessary to win business in the world (in Japanese). Diamond Harvard Review of Japan, July 2017, 30–44.
Nishida, K. (1950). Zen no kenkyuu (Research of goodness) (In Japanese), Iwanami Shinsho.
Nonaka, I., & Takeuchi, H. (1995). The Knowledge-Creating Company. Oxford University Press, Inc.
Nonaka, I., & Katsumi, A. (2004). The essence of innovation (in Japanese), Nikkei BP.
Nonaka, I., Toyama, R., Hirata, T. (2008). Managing Flow, Palgrave Macmallan.
Yasuda, K., & Sakazume, Y. (2011). Success factor analysis of Nidec motor business from the viewpoint of trap of modularity (in Japanese). 2011 spring annual conference of the Japan society for management information, paper-ID: C1-1.
Yoshikawa, K. (2010). Nidec M&A strategy and managerial accounting based on marginal profit management (in Japanese). Melco journal of management accounting research, 3, 65–74.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Kosaka, M., Nie, Y. (2020). Shigenobu Nagamori and Nidec Corporation—Realize No. 1 Motor Company Through Developing a Knowledge-Creating Company. In: Wang, J., Kosaka, M., Xing, K., Bai, H. (eds) Entrepreneurship in the Asia-Pacific: Case Studies. Springer, Singapore. https://doi.org/10.1007/978-981-32-9362-5_2
Download citation
DOI: https://doi.org/10.1007/978-981-32-9362-5_2
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-32-9361-8
Online ISBN: 978-981-32-9362-5
eBook Packages: Business and ManagementBusiness and Management (R0)