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Nidec Corp

Trade risk
TypeCompany[sources]
NameNidec Corp[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryJapan[sources]
Registration numbernot available[sources]
SectorElectronics[sources]
Stock ticker symbolJP 6594[sources]
Websitewww.nidec.com[sources]
Source linkwww.unitedagainstnucleariran.com[sources]
Last changeLast processedFirst seen

Descriptions

According to its Annual Report filed with the SEC for fiscal year 2013: "During the year ended March 31, 2013, Nidec Servo Corporation, which is our wholly-owned subsidiary in Japan, sold to Para Industries Inc., indirectly through a third-party Japanese trading company, two thousand units of brushless DC motors to be used in banknote counters manufactured and sold to Bank Melli Iran by Para Industries. During the year ended March 31, 2013, the sales of such motors, all of which were denominated in Japanese yen, generated total gross revenues of ¥1.6 million, and a smaller amount of net profit. Nidec Servo has ceased the sale-purchase transactions with Para Industries after it fulfilled Para Industries’ purchase orders outstanding as of May 31, 2013 for five thousand units of brushless DC motors. Nidec Servo completed the sales in June 2013, and generated gross revenues of ¥4.0 million from such sale." (https://www.sec.gov/Archives/edgar/data/1158967/000119312513294860/d465679d20f.htm)

Iran UANI Business Registry non-official source,

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Iran UANI Business Registry non-official source,

According to its Annual Report filed with the SEC for fiscal year 2014: "During the fiscal year ended March 31, 2014, Nidec Servo Corporation, which is our wholly-owned subsidiary in Japan, sold to Para Industries Inc., indirectly through a third-party Japanese trading company, five thousand units of brushless DC motors to be used in banknote counters manufactured and sold by Para Industries to Bank Melli Iran. The sales of such motors, which were denominated in Japanese yen, generated total gross revenues of ¥4.0 million, and a smaller amount of net profit. Nidec Servo has ceased the sale-purchase transactions since June 2013." (https://www.sec.gov/Archives/edgar/data/1158967/000119312514249956/d653596d20f.htm)

Iran UANI Business Registry non-official source,

Relationships

Data sources

Iran UANI Business Registry2,400

List of companies involved in international business with or in Iran, including their withdrawal status from Iranian business ties, maintained by United Against Nuclear Iran (UANI).

United States of America · UANI · non-official source


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