Announcement Regarding Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program
(WorldNews Japan)

08/02/2020 Masahiro NagayasuGeneral ManagerInvestor Relations+81-75-935-6140ir@nidec.com Released on February 8, 2020, in Kyoto, Japan Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the `Company`) today announced that the Board of Directors of the Company, at a meeting held on February 8, 2020, made the following decisions regarding a stock split and an amendment to the Company`s Articles of Incorporation, as well as a modification to the Company`s share repurchase program resolved on January 23, 2020. 1. Purposes of the Stock Split The Company has decided to implement a stock split to enhance the liquidity of the Company`s common stock and expand its investor base by reducing the trading...