Nidec Announces the Status of Own Share Repurchase

Nidec Announces the Status of Own Share Repurchase

(Repurchase of Own Shares, Pursuant to the Company's Articles of Incorporation
Based on the Provisions of Article 459-1-1 of the Company Law of Japan)

KYOTO, Japan, Feb. 3, 2014 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ)
(the "Company") today announced the status of the Company's own share
repurchase under its ongoing repurchase plan resolved at a meeting of the
Board of Directors held on January 22, 2014, pursuant to Article 459,
Paragraph 1, Item 1 of the Company Law of Japan.

Details are as follows:

Details of Share Repurchase

1. Period of own share repurchase: From January 27, 2014 through January 31,
2014
2. Class of shares: Common stock
3. Number of own shares repurchased: 0
4. Total repurchase amount: 0 yen

Note: The above repurchase information has been prepared on the basis of
execution date.

Reference

A) The following details were resolved by the Company's Board of Directors on
January 22, 2014:

1. Class of shares: Common stock
2. Total number of shares to be repurchased: Up to 2,000,000 shares
(1.45% of total number of shares issued, excluding treasury stock)
3. Total repurchase amount: Up to 24 billion yen
4. Period of repurchase: From January 27, 2014 through January 26, 2015

B) The accumulative number of own shares repurchased until January 31, 2014,
pursuant to the Board of Directors resolution above:

1. Accumulative number of own shares repurchased: 0
2. Total accumulative repurchase amount: 0 yen

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

Nidec Corporation
 
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