Nidec Corporation (TSE: 6594; OTC US: NJDCY) (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 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Details of Share Repurchase

Period of own share repurchase: From February 1, 2024 through February 29, 2024

Class of shares: Common stock

Number of own shares repurchased: 0

Total repurchase amount: 0 yen

Contact:

Teruaki Urago

General Manager

Investor Relations

Tel: +81-75-935-6140

Email: ir@nidec.com

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