Nidec Announces Partial Early Redemption of Convertible Bonds Due 2015 at the Option of Certain Bondholders

Nidec Announces Partial Early Redemption of Convertible Bonds Due 2015 at the
Option of Certain Bondholders

Euro Yen Convertible-Bonds-Type Bonds With Stock Acquisition Rights Due 2015
(the "Bonds") (ISIN: XS0511612623; Common Code: 051161262)

KYOTO, Japan, Sept. 20, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (the
"Company") (NYSE:NJ) announced today that it has confirmed the exercise by
certain bondholders of the right described in Paragraph (E) "Early redemption
at the option of the holders of the Bonds with Stock Acquisition Rights (other
than upon occurrence of a Corporate Event or Delisting Event)" of Item 5
"Matters concerning the Bonds" in the "Description" section of the Company's
press release captioned "Notice of Issuance of Euro Yen Convertible-Bonds-Type
Bonds with Stock Acquisition Rights Due 2015," dated September 2, 2010 (
http://www.nidec.com/~/media/nidec-com/en-global/ir/news/2010/news0042/100902-01.pdf
), as shown below.

Upon the partial early redemption, the redeemed Bonds will be cancelled.



Date of the partial early redemption:                      20 September 2013
Aggregate principal amount of the Bonds subject to the     JPY 4,250,000,000
exercise of the put option:
Aggregate principal amount of the Bonds outstanding after  JPY 95,750,000,000
the partial early redemption:
(Reference)                                                
Aggregate principal amount of the Bonds outstanding before JPY 100,000,000,000
the partial early redemption:

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

Nidec Corporation
 
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