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尼得科在重组中将其电子零部件部门出售给凯雷Nidec to sell electronic parts unit to Carlyle amid restructuring

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日本京都/东京电讯——《日本经济新闻》周二获悉,日本电产(Nidec)已就将其电子零部件子公司日本电产部品(Nidec Components)出售给美国私募股权巨头凯雷集团(Carlyle Group)进入最后阶段的谈判,这笔交易的价值预计将超过1000亿日元(约合6.36亿美元)。

KYOTO, Japan/TOKYO -- Japanese motor maker Nidec has entered final-stage talks to sell electronic parts subsidiary Nidec Components to U.S. private equity firm Carlyle Group, Nikkei learned on Tuesday, a deal expected to be worth more than 100 billion yen ($636 million).

此次出售将标志着日本电产首次剥离主要子公司。这也释放出一个信号,表明该公司正在背离其创始人永守重信长期倡导的通过收购实现扩张的战略。

The sale would mark the first divestiture of a major subsidiary by Nidec. It also signals a shift away from the acquisition-driven expansion strategy long championed by founder Shigenobu Nagamori.

日本电产预计将就其电动汽车业务及会计违规问题计提数千亿日元的减值损失。该公司希望通过精简集团架构来加速业务扭亏为盈。

Nidec is expected to book several hundred billion yen in impairment losses related to its electric vehicles business and accounting irregularities. The company hopes to accelerate a turnaround by streamlining its group structure.

该零部件业务单元成立于1967年,前身为科宝电子(Copal Electronics)。它于1998年接受了当时名为日本电产(Nippon Densan)的投资,在成为全资子公司后于2014从东京证券交易所退市。在截至2025年3月的财年中,该业务单元的合并销售额为326亿日元。

The components unit was founded in 1967 as Copal Electronics. It received investment from Nidec -- then known as Nippon Densan -- in 1998 and was delisted from the Tokyo Stock Exchange in 2014 after becoming a wholly owned subsidiary. The unit earned consolidated sales of 32.6 billion yen in the year ended March 2025.

日本电产部品主要生产和销售用于电信设备的开关,以及半导体制造工具中使用的压力传感器。它在日本和中国设有生产基地,并在美国、德国、中国和韩国设有销售基地。

Nidec Components manufactures and sells switches for telecommunications equipment as well as pressure sensors used in semiconductor manufacturing tools. It operates production sites in Japan and China, with sales bases in the U.S., Germany, China and South Korea.

该集团正在推进更广泛的业务重组。在将数据中心冷却系统和能源管理系统确定为关键增长领域的同时,日本电产也将电驱动桥(e-axle)等电动汽车驱动业务定为结构性改革的目标。该公司目前正就解散一项与中国合作伙伴在电驱动桥业务上的合资企业进行谈判。

The group is pursuing a broader business restructuring. While identifying data center cooling systems and energy management systems as key growth areas, Nidec has targeted areas such as its e-axle EV drive business for structural reforms. It is in talks to dissolve a joint venture with a Chinese partner related to the e-axle operation.

日本电产部品被视为非核心业务。此次出售旨在腾出资本,用于投资人工智能和人形机器人等增长市场。

Nidec Components is considered a noncore business. The sale is intended to free up capital for investments in growth markets such as artificial intelligence and humanoid robots.

日本电产通过70多次收购实现了扩张,但该战略的弊端日益显现。2025年启动的独立委员会调查发现集团公司存在会计不当行为,包括推迟确认亏损。

Nidec has expanded through more than 70 acquisitions, but the downsides of that strategy have become increasingly apparent. Investigations by an independent committee launched in 2025 uncovered cases of accounting misconduct at group companies, including the postponement of loss recognition.

在4月发布的改善计划及情况报告中,日本电产将对集团公司监管薄弱列为不当行为成因之一。在治理担忧下,公司表示将冻结进一步收购。

In an improvement plan and status report released in April, Nidec cited weaknesses in its oversight of group companies as one cause of the misconduct. Amid governance concerns, the company has indicated it will freeze further acquisitions.