Nidec Announces Disclaimer of Conclusion in the Interim Review Report Concerning Financial Statements Summary for the Three Months Ended June 30, 2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the “Company”) has received the interim review report containing a disclaimer of conclusion on the condensed quarterly consolidated financial statements in the Financial Statements Summary for the Three Months Ended June 30, 2025

1. Name of the audit corporation which was engaged in the audits
   
   PricewaterhouseCoopers Japan LLC
   
   
2. Content of the interim review report concerning the condensed quarterly consolidated financial statements
   
   The content of the interim review report concerning the condensed quarterly consolidated financial statements is as follows:
   
   < Disclaimer of Conclusion >
   
   We have reviewed the condensed quarterly consolidated financial statements included in the "Attachment", namely, the consolidated statements of financial position as of June 30, 2025 of NIDEC CORPORATION (the "Company") and its consolidated subsidiaries, and the related condensed quarterly consolidated statements of income, comprehensive income, changes in equity and cash flows, including notes to the condensed quarterly consolidated financial statements for the consolidated fiscal year from April 1, 2025 to June 30, 2025.
   
   Based on our interim review, we do not express a conclusion on whether the above condensed quarterly consolidated financial statements present fairly, in all material respects, in accordance with Article 5, Paragraph 2 of the Standards for Preparation of Quarterly Financial Statements of the Tokyo Stock Exchange, Inc. (however, the omissions specified in Article 5, Paragraph 5 of the Standards for Preparation of Quarterly Financial Statements apply), in light of the significance of the possible effects on the condensed quarterly consolidated financial statements of the matters described in the “Basis for Disclaimer of Conclusion.”
   
   Full version: https://nidec.g.kuroco-img.app/v=1763103972/files/topics/18938_ext_2_en_0.pdf
   
   
3. Date of receipt of the interim review report
   
   November 14, 2025
   
   
4. Future actions
   
   The Company takes seriously the events that led to the present disclaimers of conclusion and is determined to take the appropriate actions.
   
   The Company sincerely apologizes for the inconvenience and concern caused to its shareholders, investors and other stakeholders.