Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

KYOTO, Japan–(BUSINESS WIRE)–Nidec Corporation (TOKYO: 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 Item 1 of Article 459 (1) of the Companies Act of Japan. The Company also announces that the Company’s share repurchase plan authorized by the Board of Directors on January 24, 2023, has been completed. During its repurchase plan, the incident in which the

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