Nidec Announces Disclosure of the Improvement Plan and the Status Report

KYOTO, Japan--(BUSINESS WIRE)--As disclosed in the “Notice Regarding Designation of Security on Special Alert by Tokyo Stock Exchange” dated October 28, 2025, the Tokyo Stock Exchange, Inc. (hereinafter the “Tokyo Stock Exchange”) designated the Company’s shares as Security on Special Alert on October 28, 2025, based on the determination by the Tokyo Stock Exchange that the Company’s internal management system, etc. was in great need of improvement. In response to this determination, as disclosed in the “Notice Regarding Nidec's Policy for Developing the Improvement Plan” dated November 14, 2025, the Company announced its intention to develop and prepare an Improvement Plan and Status Report (hereinafter referred to as the “improvement plan”) for the purpose of fundamentally improving the internal management system, etc. The Company hereby announces that today it submitted the improvement plan to the Tokyo Stock Exchange.

However, the investigation by the third-party committee, which was established by the Company as disclosed in the “Notice Regarding Establishment of Third-Party Committee” dated September 3, 2025, and the investigation by outside experts as part of other internal investigations are still ongoing. Accordingly, the improvement plan as of today is not based on these investigation results, but was prepared by the Company based on the results of the extensive internal review undertaken by the Nidec Corporate Reform Committee established by the Company on October 30, 2025. The Company plans to re-examine and review the improvement plan based on the content of the investigation report by the third-party committee and other internal investigation reports upon receipt of those reports. The Company will implement the improvement of internal management system development and such and reforms of governance and organizational culture, and continuously monitor the status of implementation.

Our executives and employees will work together to implement this improvement plan. We will continue to share important updates as they occur, and appreciate your continued support.

Full version:
https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0128-01/260128-01en.pdf