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

Released on July 28, 2023, in Kyoto, Japan

As explained in the press release issued on July 13, 2023, Nidec Corporation (the “Company”) decided, as part of a series of transactions (the “Transaction”) aimed at making Takisawa Machine Tool Co., Ltd. (“Takisawa”), a company listed on the Standard Market of the Tokyo Stock Exchange, Inc., a wholly owned subsidiary of the Company, to acquire common shares of Takisawa through a tender offer, and, on the same date, submitted to Takisawa a letter of intent stating the Company’s detailed proposal regarding theTransaction. Today, in relation to the aforementioned matter, the Company has received a list of required information from Takisawa.

The Company intends to examine and respond to lists of required information, received today and from today onwards, with sincerityand will provide necessary information forTakisawa to announce its opinion on September 13, 2023.