# Nidec plans ¥700-800B investment in machine tool subsidiaries by 2026

Nidec Corporation plans to invest 700 to 800 billion yen in its subsidiaries Nidec Symposium and Nidec Machine Tool by the fiscal year ending March 2026, including acquisitions and new factories, to expand its machine tool business.

- Type: Investment
- Announced: 2021-09-27
- Value: $6.75B (750.0B JPY)
- Status: announced
- Products: machine tools, gear cutting machines, grinding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md)
- [Nidec Machine Tool](https://endata.com/companies/57941.md) (partner)
- [Nidec Symposium](https://endata.com/companies/57942.md) (partner)

## Sources

- [geartoutiao.com](https://www.geartoutiao.com/news/1416), 2021-09-27: "日本电产将在截至2026年3月的财年内，在Nidec Symposium和Nidec Machine Tool两个子公司进行总额为700亿至800亿日元的投资工作，计划收购和并购新工厂等。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.