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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934


For the month of May 2016.

Commission File Number:   333-13896



NIDEC CORPORATION

(Translation of registrant's name into English)

338 KuzeTonoshiro-Cho,

Minami-Ku,Kyoto 601-8205 Japan

(Address of principal executive offices)



Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F   X     Form 40-F __


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _




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EXHIBITS

Exhibit Number







1


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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



Date: May 25, 2016        
      NIDEC CORPORATION  
      By:      /S/ Masahiro Nagayasu    
      General Manager, Investor Relations  






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FOR IMMEDIATE RELEASE

    LOGO

NIDEC CORPORATION

Tokyo Stock Exchange code: 6594

Contact:

 

Masahiro Nagayasu

 

General Manager

 

Investor Relations

 

+81-75-935-6140

 

ir@nidec.com




Released on May 25, 2016 in Kyoto, Japan


Nidec Announces Annual Dividend Payout from Retained Earnings


Nidec Corporation (OTC: NJDCY; TSE: 6594) (the “Company” or “Nidec”) today announced that the Company resolved at a meeting of its Board of Directors held on May 25, 2016 to distribute retained earnings (date of record: March 31, 2016) in the form of an annual dividend as outlined below:

 

Determined

amount

Previous annual

dividends forecast

(Announced on

April 22, 2015)

(Reference)   Annual dividends

for the fiscal year ended        March 31, 2015

Record date

March 31, 2016

March 31, 2016

March 31, 2015

Dividend per share

40 yen

40 yen

40 yen

Total dividend amount

11,864 million yen

-

11,764 million yen

Effective date

June 2, 2016

-

June 3, 2015

Dividend resource

 Retained earnings

-

Retained earnings


The Company upholds shareholder-oriented management and places importance on regular dividend payments, seeking to increase its dividend payout to around 30% of the consolidated net income. Based on this dividend policy and in comprehensive consideration of its financial position, profit levels and current dividend payout ratio, the Company has decided to reward its shareholders with a year-end dividend of 40 yen per share. This translates into an annual dividend of 80 yen per share together with the interim dividend of 40 yen per share for the year ended March 31, 2016.


 

Dividend per share

Record Date

Interim

Year-end

Full-year

Annual dividends per share for the year ended March 31, 2016

40 yen

40 yen

80 yen

(Reference)
Annual dividends per share for the year ended March 31, 2015

30 yen

40 yen

70 yen


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