KYOTO, Japan, Oct. 21, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today an update as of October 21, 2011 on flood damages to Nidec Group companies in Thailand. No damages to the Company's employees have been reported so far.
The Company plans to lay out an operation schedule for the currently inoperative factories based on changes in the situation. The exact amount of damage and the effect of the floods on the Company's performance are being assessed currently. We will continue to report on any actual or potential impact on the Company's business performance in a prompt manner.
| Company | Factory | Location | Products | Status | ||||
| Nidec Electronics (Thailand) Co., Ltd. | Rangsit Factory |
Pathumthani Province |
Hard disk drive ("HDD") motors | Not inundated, but operations temporarily suspended. Preparations to resume operations underway. | ||||
| Bangkadi Factory | Bangkadi Industrial Park, Pathumthani Province | Factory precinct partially inundated and operations temporarily suspended. | ||||||
| Rojana Factory |
Rojana Industrial Park |
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| Ayutthaya Province | Property inundated and operations suspended. Evacuation orders issued across the Industrial Park. | |||||||
| Nidec Precision (Thailand) Co., Ltd. | Rojana Factory |
Rojana Industrial Park Ayutthaya Province |
HDD motor components | |||||
|
Ayutthaya Factory |
Wangnoi District Ayutthaya Province |
Factory precinct partially inundated and operations temporarily suspended. | ||||||
| Nidec Component Technology (Thailand) Co., Ltd. | Saraburi Factory |
SIL Industrial Land |
HDD base plates |
No damages detected and operations remain normal. |
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| Saraburi Province | ||||||||
| Bang Pa-In Factory |
Bang Pa-In Industrial Estate Ayutthaya Province |
Property inundated and operations suspended. |
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| Shibaura Electronics (Thailand) Co., Ltd." | -- | Bangkadi Industrial Park, Pathumthani Province | Home appliance motors | Factory precinct partially inundated and operations temporarily suspended. | ||||
|
Nidec Copal (Thailand) Co., Ltd. |
-- | Nava Nakorn Industrial Estate, Pathumthani Province |
Camera shatters Lens units |
Factory precinct partially inundated and operations temporarily suspended. | ||||
|
Nidec-Read (Thailand) Co., Ltd. |
-- |
Chachoengsao Province |
Inspection fixtures |
No damages detected and operations remain normal. | ||||
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