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 January 28, 2019, in Kyoto, Japan
Nidec Announces the Status of Share Repurchases and
the Conclusion of the Share Repurchase Plan
(Repurchases of Shares Pursuant to Article 459, Paragraph 1, Item 1 of
the Company Law of Japan)
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the ”Company”) today announces the status of the Company’s share repurchases under its repurchase plan in accordance with the Articles of Incorporation pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
The Company’s share repurchase plan authorized by the Board of Directors on January 24, 2018 has been concluded as of January 28, 2019. Neither the number nor yen amount of the sharesvrepurchased reached the upper limit of this repurchase plan resolved by the Board of Directors, reflecting the stock ma..