NJDCY Nidec Corporation (PK)

Nidec Corporation (NYSE:NJ) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 22, 2015, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan. Details are as follows:

Details of Share Repurchase  　1. Period of own share repurchase: From December 1, 2015 through December 31, 20152. Class of shares: Common stock3. Number of own shares repurchased: 9,6004. Total repurchase amount: 82,771,200 yen

Note: The above repurchase information has been prepared on the basis of execution date.

ReferenceA) The following details were resolved by the Company’s Board of Directors on January 22, 2015:1. Class of shares: Common stock2. Total number of shares to be repurchased: Up to 4,000,000 shares    (1.42% of total number of shares issued, excluding treasury stock)3. Total repurchase amount: Up to 24 billion yen4. Period of repurchase: From January 27, 2015 through January 26, 2016

B) The accumulative number of own shares repurchased until December 31, 2015, pursuant to the Board of Directors resolution above:1. Accumulative number of own shares repurchased: 259,8002. Total accumulative repurchase amount: 2,136,162,600 yen 

Contact:
Masahiro Nagayasu
General Manager
Investor Relations 
+81-75-935-6140
ir@nidec.com