FOR IMMEDIATE RELEASE

 Nidec Corporation
 Tokyo Stock Exchange code: 6594

Contact: Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Released on March 7, 2019, in Kyoto, Japan
 

Nidec Announces A Change in Shareholder Benefit Program 

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that its Board of Directors has resolved to make a change in its shareholder benefit program at a meeting held on March 6, 2019, as outlined below.


1. Reason and purpose for the change
The Company will change partially its shareholder benefit program in order to thank shareholders for their continuing support, help its shareholders better understand Nidec group’s business, and encourage more shareholders to hold the Company’s shares continuously in the medium and long term by enhancing investment attraction of the Company’s shares.

2. Details of the change

   Before the Change  After the Change
 Eligible
 shareholders　		  The program will apply to shareholders
recorded in shareholders’ register as of
March 31 every year.		  The program will apply to shareholders
recorded in shareholders’ register as of
March 31 every year.
 Type of
 benefits		  The Company offers a leaflet which
serves as an admission ticket to
Suwanone Museum where Nidec Sankyo
Corporation showcases their music box
products.		  The Company will offer a 10%
discount ticket that can be used for a
purchase of merchandise over 5,000
yen, in addition to a leaflet which serves
as an admission ticket.

Please have your leaflet with you when visiting Suwanone Museum. You will receive a discount ticket at the front desk.

3. Schedule for the change
The new program will apply to shareholders recorded in shareholders’ register as of March 31, 2019. The leaflet will be sent out with the annual report for retail investors in mid-June every year, after shareholders’ meeting.