REAL-TIME GLOBAL RESEARCH
Japan autos & auto parts sector: Amorphous motor core seminar
Research evidence excerpt
Japan autos & auto parts sector: Amorphous motor core seminar
Global Markets Research
17 June 2026Japan autos & auto parts sector
EQUITY: AUTOS & AUTO PARTS
Research Analysts
Amorphous motor core seminar Japan autos & auto parts
Toshihide Kinoshita - NSC
Chinese manufacturers also taking interest in amorphous alloys for motor toshihide.kinoshita@nomura.com
cores +81 3 6703 1729
Wataru Ishimoto - NSC
Approaching commercial deployment of amorphous alloys for making smaller and wataru.ishimoto@nomura.com
lighter motor cores +81 3 6703 1802
On 12 June we hosted a seminar about next-generation amorphous motor cores given by
Next Core Technologies. On 19 March Denso [6902] (Suspended) announced an
investment in Next Core Technologies aimed at joint development in the area of electric
motor cores using iron-based amorphous alloys, which are key to improving the
competitiveness of next-generation motor generators.
Generally speaking, amorphous alloys have much lower energy losses than electrical
steel sheet (less than one-tenth of equivalent losses), giving them an advantage in being
able to make motors smaller, but their thin and hard material properties present
challenges in terms of blanking processes and increasing the stacking factor. However,
Next Core Technologies has successfully used its proprietary alloy formation design
technologies to develop amorphous alloys that are thicker than conventional amorphous
alloys and that can also help improve performance as motor core materials. Motor cores
based on electrical steel sheet use heat-resistant magnets, which are made with rare
earth metals, and are thus exposed to geopolitical risks. Amorphous alloys are expected
to improve energy efficiency, which should result in less heat generation too, and this
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