NIDEC POWERTRAIN SYSTEMS (VIET NAM) CO., LTD
ActiveNIDEC POWERTRAIN SYSTEMS (VIET NAM) CO., LTD
ActiveNIDEC POWERTRAIN SYSTEMS (VIET NAM) CO., LTD
ActiveSummary
NIDEC POWERTRAIN SYSTEMS (VIET NAM) CO., LTD (CÔNG TY TNHH HỆ THỐNG TRUYỀN ĐỘNG NIDEC VIỆT NAM), established in 1998, is a foreign-invested enterprise specializing in high-precision mechanical processing and the manufacturing of components for the automotive and electronics industries. With over 26 years of operation, the company is a key player in Vietnam's industrial export ecosystem, located at Lot CR 15b-17-19-21-23-25-27a, Road No. 16, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, Ho Chi Minh City, Vietnam. It operates under Business ID and Tax Code 0301471355 and is registered with the Ho Chi Minh City Department of Planning and Investment.
Currently led by General Director Mr. Kato Yoshitsugu, a Japanese national, NIDEC POWERTRAIN SYSTEMS (VIET NAM) employs 2,200 workers and maintains close ties to its parent companies in Japan—NIDEC Powertrain Systems Corporation (74.98%) and NIDEC Corporation (25.02%). The firm is part of the globally recognized NIDEC Group, which is known for its innovation in electric motor technology and precision engineering.
As of the fiscal year ending March 31, 2023, the company reported total assets of USD 304.19 million, with equity of USD 263.23 million and a net worth of USD 261.49 million. Annual sales reached USD 224.63 million, though the company recorded a loss of USD 6.24 million, marking a 144.4% drop in profit compared to the previous year. The decline in profitability followed a consistent downward trend in revenue over the past three years, with sales falling nearly 21% since 2021.
Despite the downturn, the company maintains strong working capital of USD 192.2 million, indicating its ability to meet short-term obligations and continue production. Its extensive manufacturing registration covers not only electric motors and mechanical parts but also electronic components, gears, plastic products, and metal treatment, reinforcing its role as a comprehensive supplier for advanced manufacturing sectors.
For investors, suppliers, or customers seeking to evaluate the financial credibility and operational standing of NIDEC POWERTRAIN SYSTEMS (VIET NAM) CO., LTD—or any company in Vietnam—VANGUARD BUSINESS INFORMATION LLC (VBI) provides independent business verification, financial analysis, and risk assessment services. Through VBI’s expert reports, stakeholders can gain access to reliable data, including litigation history, directorship records, and credit scoring. Learn more at www.vnbis.com.
For direct contact with NIDEC POWERTRAIN SYSTEMS (VIET NAM), you can reach them at (+84-28) 3770 0026.
Legal Profile
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Business Sector
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Industry Sales Growth
4.75%
3.18%
Companies by industry
3,369
0.1158%
Key Industry Players
Payment History
Financial Performance
| Assets | 89.78% |
| Owner’s Equity | -32.02% |
| Working Capital | -88.22% |
| Net Worth | 16.78% |
| Sales | -96.92% |
| Operating income | -50.26% |
| EBIT | -72.43% |
| Gross Profit Margin | -13.67% |
| Debt to EBITDA | 29.56% |