NIDEC INSTRUMENTS (VIETNAM) CORPORATION

NIDEC INSTRUMENTS (VIETNAM) CORPORATION is a wholly foreign-owned enterprise that has been a cornerstone of Vietnam’s high-tech manufacturing landscape for over 20 years. Located at Lot I1-N1, Saigon Hi-tech Park, Tan Phu Ward, Thu Duc City, Ho Chi Minh City, the company operates under Business ID 0303826116, with full ownership held by NIDEC INSTRUMENTS CORPORATION (Japan).

As of March 31, 2024, NIDEC INSTRUMENTS (VIETNAM) CORPORATION employed approximately 3,100 staff, reflecting its extensive scale and operational capabilities. The company is helmed by General Director Mr. Shimada M., a Japanese national who has overseen its consistent financial improvement and strategic expansion across Vietnam’s industrial sectors.

Strong Financial Performance and Positive Momentum

In the fiscal year ending March 2024, the company recorded impressive results across all major financial indicators:

• Total Sales: USD 169.26 million

• Total Assets: USD 170.10 million

• Owner’s Equity: USD 143.55 million

• Net Profit: USD 16.56 million

These figures represent a 4.43% increase in sales and a 127.87% surge in net profit year-over-year. Particularly notable is the company’s strong recovery from earlier losses, with net profit more than doubling compared to the previous year.

Core Business Activities

NIDEC INSTRUMENTS (VIETNAM) CORPORATION specializes in high-tech manufacturing, including:

• Stepper motors and precision components

• Optical instruments and photographic equipment

• Automotive electrical parts and household appliances

• Bearings, gears, and other special-purpose machinery

The company also engages in metal treatment, market research, management consultancy, and electronic equipment repair—demonstrating a diversified yet coherent business strategy focused on precision and innovation.

Ownership and Legal Standing

• Type of Business: One-member limited liability company (100% FDI)

• Charter Capital: USD 4.6 million

• Paid-up Capital (as of 31/03/2024): USD 4.58 million

• Tax Identification Number (TIN): 0303826116

• Date of Registration: March 9, 2005

• Status: Active

Backed by Japanese Expertise

As a subsidiary of Japan-based NIDEC INSTRUMENTS CORPORATION, headquartered in Nagano Prefecture, NIDEC Vietnam benefits from strong R&D integration, international quality standards, and a consistent capital structure—all of which contribute to its reputation for reliability in both domestic and export markets.

Business Verification and Risk Assessment

For those seeking a detailed company report or credit profile of NIDEC INSTRUMENTS (VIETNAM) CORPORATION, VANGUARD BUSINESS INFORMATION LLC (VBI) offers in-depth analysis, including financials, risk indicators, and litigation checks.