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.