-

Nidec Announces Conclusion of Commitment Line Agreement

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that the Company has entered into a commitment line agreement with its main creditor banks, MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation, for a total of 600 billion yen as follows.

1. Purpose of Commitment Line Agreement

To secure flexible and stable funding capacity and strengthen our solid financial foundation.

2. Overview of Commitment Line Agreement

Contracting party

MUFG Bank, Ltd.

Sumitomo Mitsui Banking Corporation

Borrowing limit

300 billion yen

300 billion yen

Contract execution date

November 4, 2025

November 4, 2025

Form of contract

Bilateral

Bilateral

Contract period

November 7, 2025 to

November 6, 2026 (1 year)

November 7, 2025 to

November 6, 2026 (1 year)

Collateral and guarantee

Unsecured and unguaranteed

Unsecured and unguaranteed

 

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Industry:

NIDEC CORPORATION

TOKYO:6594
Release Versions
English

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

More News From NIDEC CORPORATION

Nidec Announces Disclaimer of Opinion in Independent Auditor's Report for the Securities Report, Disclaimer of Review Conclusion for Q3 Financial Results, and Disclaimer of Opinion in Internal Control Audit Report for FY2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the “Company”) has received an audit report containing a disclaimer of opinion on the consolidated financial statements and the non-consolidated financial statements in the securities report for the fiscal year ended March 31, 2026.The Company hereby also announces that it has received an internal control audit report containing a disclaimer of opinion with respect to the internal control audit on the internal control report as of March 31, 2026....

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2026

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2026. The highlights are as follows: - Consolidated net sales increased Y/Y. In particular, MOEN (Appliance, commercial and industrial products) performed strongly, led by alternators, supported by robust demand for data centers in North America. - Recording of large impairmen...

Nidec Announces Financial Results for Fiscal Third Quarter Ended December 31, 2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the nine-month period ended December 31, 2025. Selected Consolidated Results of Operations (IFRS-Based) Yen in millions, except for per share amounts and percentages Nine months ended December 31, Increase (Decrease) % Three months ended December 31, Increase (Decrease) % 2025 2024 (Restated) 2025 2024 (Restated) Net...
Back to Newsroom