-

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 a Request by a Shareholder to File an Action

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announced that it has received today a written request from an individual shareholder of the Company requesting an action be brought to pursue liability and other remedies pursuant to Article 847, Paragraph 1 of the Companies Act (hereinafter referred to as the “Request for Filing an Action”). In the Request for Filing an Action, the individual shareholder requests that the Company file an action pursu...

Nidec Announces the Disclosure of the Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2027, Exceeding 45 Days After the Quarter-End

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that the scheduled disclosure date of the financial results for the first quarter of the fiscal year ending March 31, 2027, will exceed 45 days after the quarter-end, as detailed below. We sincerely apologize for any inconvenience and concern caused to our shareholders, investors, and other stakeholders. Reason for the Delay in the Disclosure of the Financial Results As announced in th...

Nidec Announces the Second Report on Ransomware-caused Damage to and Possibility of Information Leak at an Overseas Subsidiary of Nidec Corporation

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec Corporation,” the “Company,” or “we”) hereby provides an update on the results of the investigation by an external specialized agency and the current status of the unauthorized access to, and the damage caused by the ransomware infection suffered by, Nidec Chaun Choung Technology Corporation (“Nidec Chaun Choung Technology”), a Taiwanese subsidiary of the Company – the news it announced on June 24, 2026. We de...
Back to Newsroom