Masahiro Nagayasu
General Manager
Investor Relations

Released on March 6, 2023, in Kyoto, Japan

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Company has resolved to change its shareholder special benefit plan partially (the “Changes”) at a meeting of the Board of Directors held on March 4, 2023.

1. Purpose of the Changes

The motivations behind the Changes as follows:
- to express the Company’s gratitude to its shareholders for their continued support
- to facilitate a greater understanding of the Company’s business among shareholders, and
- to seek shareholders’ long-lasting interest in the Company’s stock.

2. Outline of the Change

We currently offer all shareholders a free entry of Suwanone, Nidec Sankyo Corporation’s music box museum, and a 10% discount coupon for a purchase of 5,000 yen’s worth of merchandise at the museum. We enhance the plan by adding the following benefits.


● A 10% discount coupon for a purchase of 5,000 yen’s worth of merchandise at the online shopping store of the museum.

● A 10% discount coupon for the Green Sun Hotel, located near the museum, and operated by a Nidec group company. When booking this hotel online, please select on-site cash payment, so we will offer the discounted rate.

Eligible shareholders:

Eligible shareholders are those who are listed or recorded in the final shareholder register on March 31, 2023.


The shareholders who hold 100 shares or more for over three consecutive years can apply to a lottery to win a luxury music box.

*Those who own the Company’s shares for 10 years or longer may choose either A) or B) above when applying.
**The Company will notify how to apply for the lottery and what type of music box will be given away in its Shareholder Newsletter delivered to all shareholders around mid-June in 2023.