FOR IMMEDIATE RELEASE

 Nidec Corporation
 Tokyo Stock Exchange code: 6594

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

Released on May 25, 2016 in Kyoto, Japan
 

Nidec Announces Annual Dividend Payout from Retained Earnings


Nidec Corporation (OTC: NJDCY; TSE: 6594) (the “Company” or “Nidec”) today announced that the Company resolved at a meeting of its Board of Directors held on May 25, 2016 to distribute retained earnings (date of record: March 31, 2016) in the form of an annual dividend as outlined below:

 





Determined
amount


Previous annual
   dividends forecast   
(Announced on
April 22, 2015)

 (Reference)
Annual dividends
   for the fiscal year ended   
March 31, 2015

Record date
March 31, 2016
March 31, 2016
March 31, 2015
Dividend per share
40 yen
40 yen
40 yen
    Total dividend amount    
   11,864 million yen   
-
11,764 million yen
Effective date
June 2, 2016
-
June 3, 2015
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 40 yen per share. This translates into an annual dividend of 80 yen per share together with the interim dividend of 40 yen per share for the year ended March 31, 2016.

  Dividend per share
Record Date

Interim

Year-end

Full-year

Annual dividends per share for
        the year ended March 31, 2016       

          40 yen          


          40 yen          


          80 yen          
    

(Reference)
Annual dividends per share for
the year ended March 31, 2015
 
30 yen


40 yen
 
 
70 yen