Nidec Announces Dividends of Surplus (No Interim Dividend)

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that its Board of Directors has resolved not to pay surplus dividend (interim dividend) with September 30, 2026 as the record date at a meeting held on November 13, 2026.
The Company sincerely apologizes for the inconvenience and concern caused to its shareholders, investors and other stakeholders.

(1) Details of Interim Dividend

	Determined Amount	Previous Forecast (Announced on September 30, 2026)	Previous Results (as of Sep. 30, 2026)
Record Date	September 30, 2026	Same as left	September 30, 2025
Dividend per Share (Yen)	0.00	To be determined	0.00
Total Dividend	－	－	－
Effective Date	－	－	－
Source of Dividend	－	－	－

(2) Reason for the Dividends of Surplus (No Interim Dividend)

The Company is proceeding with the restatement of the financial statements for the fiscal year ended March 31, 2026, and prior accounting periods, as well as addressing the audit by the independent auditor, both of which are still ongoing. Although the Company has considered paying dividends to respond to the support of shareholders and investors, in light of these circumstances, the Company has determined that it has no choice but to forgo the interim dividend for the fiscal year ending March 31, 2027.
Accordingly, the Company has resolved not to pay an interim dividend for the fiscal year ending March 31, 2027, with a record date of September 30, 2026.