Nidec Develops a Company-wide Basic Policy on Human Rights

Released on November 30, 2021, in Kyoto, Japan

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has developed a company-wide basic policy on human rights (the “Policy”).

As a company that realizes the importance of consideration to human rights in a global business environment, Nidec supports “the UN Guiding Principles on Business and Human Rights,” “the UN Global Compact,” “the UN Universal Declaration of Human Rights,” “the ILO Declaration on Fundamental Principles and Rights at Work,” and other international guidelines, and addresses diversifying human rights issues. Based on the Policy, which summarizes our attitude and efforts on human rights, the Company is poised to continue its actions to respect human rights.