（Update on disclosed matter）Notice of Absorption-Type Demerger (Simplified Absorption-Type Demerger) of Wholly-Owned Subsidiary

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) resolved at a meeting of its Board of Directors held on March 8, 2025 to succeed the inverter business of its wholly owned subsidiary, Nidec Mobility Corporation, through an absorption-type company split (the “Company Split”), effective May 1, 2025. The Company announced this decision on March 10, 2025.
The Company hereby announces that “(3) Items and Amount of Assets and Liabilities to be Succeeded” of “4. Outline of the business to be succeeded to through the Absorption-type Split”, which was undetermined as of the announcement of March 10, 2025, as follows.
There will be no change in the items other than “(3) Assets, liabilities and amount to be succeeded”.