- Nidec Corporation
- Tokyo Stock Exchange code: 6594
Released on January 22, 2025, in Kyoto, Japan
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, at 11:59 p.m. on January 21, 2025 Eastern Standard Time of the United States (or 01:59 p.m. on January 22, 2025 Japan time), the waiting period for the procedure required under the US Hart-Scott-Rodino Antitrust Improvement Act of 1976 – one of the permits and approvals for this caserequired for a seriesoftransactions for the purpose of makingMakino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange, Inc.’s Prime Market) a wholly owned subsidiary of Nidec – has expired, meaning that the procedure has been completed as so explained in advance in the Company’s press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” issued on December 27, 2024.We will promptly announce the completion of the other procedures required under applicable laws and regulations regarding merger control and foreign investment restriction for other jurisdictions once such procedures have been completed.