With a passion to “become the world’s No.1 company,” Shigenobu Nagamori — current Chairman of the Board & CEO — established Nippon Densan Corporation (now Nidec Corporation) in Nishikyo-ku, Kyoto, Japan, in a small, prefabricated shed with 4 employees and 20 million yen. Fifty years later, the international company’s revenue is 2 trillion yen, the equivalent of over $15 billion USD, and it has nearly 115,000 worldwide employees. Nidec develops, manufactures, and sells motor application-based products — “everything that spins and moves.” Its expansive product line comprises small precision to supersized motors including commercial and industrial motors for automotive, home appliances, machinery, electronics & optical components, and other related products to contribute to resource & energy saving, helping drive social progress. Under the “One Nidec” initiative, the Nidec Group pursues groundbreaking world-class solutions to bring innovation to the world.