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Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

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 February 1, 2019, in Kyoto, Japan

Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its
Group Companies

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to acquire a 70% ownership of a privately owned German company, DESCH Antriebstechnik GmbH & Co. KG and its group companies in Germany and China (collectively “DESCH”), from its owners on January 31, 2019 (the “Transaction”) through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation. Details are as follows:

1. Outline of DESCH

(1) Company Name:
DESCH Antriebstechnik GmbH & Co. KG and its group companies

(2) Headquarters:
Arnsberg, Germany

(3) Foundation:
1906

(4) Directors:
Hendrik Desch, CEO

Olaf Desch, Managing ..

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Siegfried Schmidtner – Biography

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