KYOTO, Japan, Dec. 2, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today the current status of its manufacturing operations in areas affected by the recent flooding in Thailand.
Nidec Electronics (Thailand) Co., Ltd. resumed operations in Rojana on December 1. As of today, nine out of the 10 factories of the Company and its subsidiaries in the affected areas are back in operation at either their own facilities or alternative locations. We will continue our efforts to further improve the utilization of the factories whose operations have resumed and to bring the Company's other flood-stricken factories back into operation to the earliest extent possible.
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 | Pathumthani Province |
Hard disk drive ("HDD") motors |
Operations resumed on Oct. 25. |
| Bangkadi |
Bangkadi Industrial Park, Pathumthani Province |
Alternative production started on Nov. 12 at a leased factory in Rayong Province. |
||
| Rojana |
Rojana Industrial Park, Ayutthaya Province |
Operations resumed on Dec. 1. | ||
|
Nidec Precision (Thailand) Co., Ltd. |
Rojana |
Rojana Industrial Park, Ayutthaya Province |
HDD motor components |
Operations resumed on Nov. 21. |
| Ayutthaya |
Wangnoi District, Ayutthaya Province |
Operations resumed on Nov. 4. | ||
|
Nidec Component Technology (Thailand) Co., Ltd. |
Saraburi |
SIL Industrial Land, Saraburi Province |
HDD base plates |
No damages confirmed and operations remain normal. |
|
Bang Pa-In |
Bang Pa-In Industrial Estate, Ayutthaya Province |
Property inundated and operations suspended. Floodwater removal from the Industrial Estate started on Nov. 8. |
||
|
Nidec Shibaura Electronics (Thailand) Co., Ltd." |
― |
Bangkadi Industrial Park, Pathumthani Province |
Home appliance motors |
Factory precinct partially inundated and operations temporarily suspended. Floodwater removal from the Industrial Park started on Nov. 25. Alternative production underway at Nidec Shibaura (Zhejiang) Co., Ltd. in China. |
|
Nidec Copal (Thailand) Co., Ltd. |
― |
Nava Nakorn Industrial Estate, Pathumthani Province |
Camera shutters; Lens units |
Alternative production started on Nov. 12 at a leased factory in Uthai Thani Province. Floodwater removal from the Industrial Estate started on Nov. 18. |
|
Nidec-Read (Thailand) Co., Ltd. |
― |
Chachoengsao Province |
Inspection fixtures |
No damages confirmed and operations remain normal. |
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