Stock Split
| Base date | Date of issue | Allotment | |
|---|---|---|---|
| Stock Split | March 31, 2020 | April 1, 2020 | 2 for 1 |
| Stock Split | March 31, 2014 | April 1, 2014 | 2 for 1 |
| Stock Split | September 30, 2005 | November 18, 2005 | 2 for 1 |
| Stock Split | March 31, 2000 | May 19, 2000 | 2 for 1 |
| Stock Split | March 31, 1997 | May 20, 1997 | 1.1 for 1 |
| Stock Split | March 31, 1994 | May 20, 1994 | 1.05 for 1 |
| Rights Offering | March 31, 1991 | May 01, 1991 | 0.1 per Stock |
| Rights Offering | March 31, 1990 | May 01, 1990 | 0.2 per Stock |
| Rights Offering | March 31, 1989 | May 01, 1989 | 0.3 per Stock |
American Depositary Receipt (ADR)
In the United States, Nidec Corporation's ADRs are traded on the over-the-counter market (OTC: NJDCY), with each ADR representing 0.25 shares of its common stock.
On April 1, 2020 (Japan time), Nidec split each share of its common stock, which were held by shareholders included or recorded in the final register of shareholders as of the record date of March 31, 2020, into two shares. As a result, on April 9, 2020 (Eastern time), the ADR holders as of the record date of March 27, 2020 received one additional ADR for every one ADR held. The total number of issued ADRs doubled, and the price per ADR was reduced by approximately one-half.
Pursuant to the Internal Revenue Code (IRC) section 6045B and the regulations thereunder, Nidec makes available to all shareholders Federal Form 8937 which provides information about the stock split.
Please find the link below to see Federal Form 8937.
May 14, 2020 PDF download（145KB）
May 12, 2014 PDF download（152KB）
