FOR IMMEDIATE RELEASE

 Nidec Corporation
 New York Stock Exchange symbol: NJ
 Tokyo Stock Exchange code: 6594

Contact: Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Released on May 27, 2014, in Kyoto, Japan
 

Nidec Announces Annual Dividend Payout from Retained Earnings

Nidec Corporation (NYSE: NJ)(the “Company”) today announced that the Company resolved at a meeting of its Board of Directors held on May 27, 2014 to distribute retained earnings (date of record: March 31, 2014) in the form of an annual dividend as outlined below:





 
Determined
amount



 Previous annual
dividends forecast
(Announced on
April 22, 2014)

 (Reference)
Annual dividends
 for the fiscal year ended
March 31, 2013

Record date

March 31, 2014

March 31, 2014

March 31, 2013

Dividend per share

55 yen

55 yen

40 yen

Total dividend amount

7,585 million yen

-

5,387 million yen

Effective date

June 3, 2014

-

June 5, 2013

Dividend resource

Retained earnings

-

Retained earnings


The Company upholds shareholder-oriented management and places importance on regular dividend payments, seeking to increase its dividend payout to around 30% of the consolidated net income. Based on this dividend policy and in comprehensive consideration of its financial position, profit levels and current dividend payout ratio, the Company has decided to reward its shareholders with a year-end dividend of 55 yen per share. This translates into an annual dividend of 100 yen per share together with the interim dividend of 45 yen per share for the year ended March 31, 2014.


 

Dividend per share

Record Date     

       Interim     
  
       Year-end    
   
       Full-year     
  
Annual dividends per share for     
the year ended March 31, 2014     


   45 yen   


   55 yen   


   100 yen   

(Reference)     
Annual dividends per share for     
the year ended March 31, 2013     


   45 yen   



   40 yen   



   85 yen   



Note: Nidec Corporation implemented a two-for-one split of its common stocks as of April 1, 2014. The dividend amounts do not reflect the effect of the stock split.