NIDEC : Notice Regarding the Status of Own Share Repurchase
March 02, 2015 at 03:19 am EST
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Contact: Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Notice Regarding the Status of Own Share Repurchase
(Repurchase of own shares, pursuant to the Company's Articles of Incorporation based on the provisions of Article 459-1-1 of the Companies Law of Japan)
Nidec Corporation (NYSE: NJ) (the "Company") today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolved at the 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 February 1, 2015 through February 28, 2015
2. Class of shares:
Common stock
3. Number of own shares
repurchased:
250,200
4. Total repurchase amount:
2,053,391,400 yen
5. Method of repurchase:
Through the Tokyo Stock Exchange Trading Network
System for Off-Auction Own Share Repurchase
Trading (ToSTNeT-3)
Note: The above repurchase information has been prepared on the basis of execution date.
A) The following details were resolved by the Company's Board of Directors on January 22, 2015:
1. Class of shares:
Common stock
2. Total number of shares
to be repurchased:
Up to 4,000,000 shares
(1.42% of total number of shares issued, excluding treasury stock)
Nidec Corporation specializes in the development, manufacturing and marketing of small precision motors and automotive and appliance components. Net sales break down by family of products as follows:
- appliances, air-conditioning and industrial equipment motors (40.5%);
- small precision motors (21.9%): pin motors for hard drives, fan motors, vibrating motors, brush motors and motor applications, etc. ;
- automotive components (21.3%);
- machines (12.1%): industrial robots, card readers, test systems, presses and power transmission drives, etc. ;
- electronic and optical components (3.9%): switches, trimmer potentiometers, lens units and camera shutters, etc. ;
- other (0.3%).
The net sales are distributed geographically as follows: Japan (17.8%), China (26.7%), the United States (21.6%), Germany (6.1%), Italy (5.5%), Thailand (5.2%) and other (17.1%).
NIDEC CORPORATION 
