Nidec Announces Interim Dividend Payout From Retained Earnings

Nidec Announces Interim Dividend Payout From Retained Earnings

KYOTO, Japan, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ)
(the "Company") today announced that the Company resolved at a meeting of its
Board of Directors held on October 22, 2013 to distribute retained earnings
(date of record: September 30, 2013) in the form of an interim dividend as
outlined below:

                                                         
                                         Previous interim   (Reference)
                      Determined         dividend forecast  Interim dividends
                      amount             (Announced on      for the six months
                                        April 23, 2013)    ended
                                                            September 30, 2012
Record date           September 30, 2013 September 30, 2013 September 30, 2012
Dividend per share    45 yen             40 yen             45 yen
Total dividend amount 6,038 million yen  --                 5,967 million yen
Effective date        December 2, 2013   --                 December 3, 2012
Dividend resource     Retained earnings --                 Retained earnings

The Company upholds shareholder-oriented management and places importance on
regular dividend payments, seeking to increase its dividend payout to around
30% of the consolidated net income.

The Company's sales and operating income for the six months ended September
30, 2013 exceeded its financial guidance announced on July 23, 2013. Given the
positive steps forward, the Company seeks to reward its shareholders with an
interim dividend of 45 yen per share, an increase of 5 yen per share from the
amount previously announced. Together with the projected year-end dividend
remaining unchanged at 45 yen per share, the Company now expects to pay an
annual dividend of 90 yen per share for the year ending March 31, 2014.

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

Nidec Corporation
 
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