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 February 17, 2015, in Kyoto, Japan
 

Notification of Completion of Share Repurchase
through Off-Auction Own Share Repurchase Trading (ToSTNeT-3)


Nidec Corporation (NYSE: NJ) (the “Company”) announced that, in connection with its announcement released on February 16, 2015, the Company has repurchased shares of its common stock through the Tokyo Stock Exchange Trading Network system for Off-Auction Own Share Repurchase Trading (ToSTNeT-3) today as described below:


1. Reason for Repurchase:
This repurchase was conducted with an intention to enable agile capital management highly responsive to the changing business environment.


2. Details of Repurchase:
(1)   Class of shares to be repurchased:  Common stock 
(2)  Number of shares repurchased:  250,200 shares
(3)  Aggregate repurchased amount:  2,053,391,400 yen
(4)   Date of repurchase:  February 17, 2015
(5)   Method of repurchase:  Through the Tokyo Stock Exchange Trading Network System 
 for Off-Auction Own Share Repurchase Trading (ToSTNeT-3)


Reference

The following details were resolved by the Company’s Board of Directors on January 22, 2015:
1. Class of shares:   Common stock 
2. Total number of shares to be   
    repurchased:
 Up to 4,000,000 shares
 (1.42% of total number of shares issued, excluding treasury stock)
3. Total repurchase amount:   Up to 24 billion yen
4. Period of repurchase:  From January 27, 2015 through January 26, 2016