Nidec to Bolster Automotive Motor Operations in the Americas

Nidec to Bolster Automotive Motor Operations in the Americas

KYOTO, Japan, March 27, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ)
(the "Company") today announced that, in an effort to streamline its group
companies, the Company plans to establish NIDEC AUTOMOTIVE MOTOR AMERICAS
CORPORATION as the strategic base for its automotive motor business in markets
in the Americas.

1. Purpose of establishment of the new company

The Company has endeavored to strengthen its automotive motor business, one of
its strategically important business areas, with an increasingly expanded
product line-up consisting of brushless motors (whose main applications
include: electric power steering, dual clutch transmissions, and engine oil
pumps), which have long been one of the Company's most competitive product
categories, and brush motors (whose main applications include: engine cooling
systems, anti-lock brake systems, and seat adjusters), which are one of the
competitive product categories of NIDEC MOTORS & ACTUATORS (formerly, the
motors and actuators business of Valeo S.A., a French company), which the
Company acquired in December 2006. The Company has been making efforts to
increase sales of its automotive motor products particularly to European and
Chinese automobile and component manufacturers.In order to expand its
automotive motor business in the North American market, one of the Company's
strategically important markets, the Company aims to meet customers'
requirements relating to environmental standards by streamlining the
manufacturing, sales, and research and development operations under the
supervision of managing personnel responsible for overseeing the Company's
business operations in markets in the Americas, including the North American
market, and providing a comprehensive line-up of compact and highly efficient
motors.

2. Outline of the new company

(1) Company name: NIDEC AUTOMOTIVE MOTOR AMERICAS CORPORATION
                                                       
(2) Address:                   1800 Opdyke Court, Auburn Hills, Michigan
                                48326, U.S.A.
                               Tel: +1 248 340 9977    Fax: +1 248 340
                                                         7501
                                                                           
(3) Date of establishment: April 5, 2013 (Planned)

(4) Capital & capital reserve: US$41,313,320 (to be wholly owned by the
Company)
                                                       
                                Kazuya Hayafune, Director and Chairman
(5) Officers:                  (First Senior Vice President of Nidec
                                Corporation)
                               Jack Sayed, Director, President & CEO
                                (Vice President of Nidec Corporation)
                                                       
(6) Number of employees (April 2013): 548 employees (14 in the United
States and 534 in Mexico)

(7) Business: Development, manufacturing, and sale of automotive motors in
the American market.
                                                       
(8) Major products:                                                        
                                                                           
-Brushless motors for electric power steering systems, dual clutch
transmissions, engine cooling systems, EV/HEV battery cooling systems,      
EV/HEV traction systems, electric brakes, electric oil pumps, etc.
                                                       
-Brush motors for engine cooling systems, anti-lockbrake systems, seat
adjusters, sunroofs, trunk opening/closing systems, window opening/closing  
systems, steering column adjustment systems, electric torque management
systems, door locking systems, window lifts, etc.
                                                       
(9) Sales contact                                                          
                                                       
Steve Saida                                             
VP Sales & Marketing                                    
E-mail: steve.saida@nidec.com                           
Tel: +1 248 340 9977 (Office)  +1 248 340 1107          +1 248 977 9505
                                (Direct)                (Mobile)

The Nidec Corporation logo is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=1734

CONTACT: Masahiro Nagayasu
         General Manager
         Investor Relations
         +81-75-935-6140
         ir@jp.nidec.com

Nidec Corporation