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.

１. Name of the audit corporation which was engaged in the audits
PricewaterhouseCoopers Japan LLC

２. Content of the audit report concerning the consolidated financial statements, the non-consolidated financial statements and the internal control audit report

(1) Content of the audit report concerning the consolidated financial statements
The content of the audit report concerning the consolidated financial statements for the fiscal year ended March 31, 2026, is as follows:

<Disclaimer of Opinion>

Pursuant to Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act of Japan, we have been engaged to audit the consolidated financial statements of NIDEC CORPORATION (the “Company”) and its consolidated subsidiaries (collectively referred to as the “Group”) included in the “Financial Information” section, which comprise the consolidated statement of financial position, consolidated statements of income and comprehensive income, consolidated statement of changes in equity, consolidated statement of cash flows, and notes to the consolidated financial statements for the consolidated fiscal year from April 1, 2025 to March 31, 2026. Given the significance of the potential effects of the matters described in the “Basis for Disclaimer of Opinion” on the consolidated financial statements, we were unable to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on the consolidated financial statements. Accordingly, we do not express an audit opinion on these consolidated financial statements.

Please see the full version at the link below：

https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0930-07/260930-07en.pdf