Masahiro Nagayasu
General Manager
Investor Relations

Released on August 1, 2023, in Kyoto, Japan

As explained in the press release issued on July 13, 2023, Nidec Corporation (the “Company”) decided, as part of a series of transactions (the “Transaction”) aimed at making Takisawa Machine Tool Co., Ltd. (“Takisawa”), a company listed on the Standard Market of the Tokyo Stock Exchange, Inc., a wholly owned subsidiary of the Company, to acquire common shares of Takisawa through a tender offer, and, on the same date, submitted to Takisawa a letter of intent stating the Company’s detailed proposal regarding the Transaction. Today, in relation to the aforementioned matter, the Company has answered a list of required information from Takisawa, which received on July 28th, 2023

The Company will sincerely provide necessary information for Takisawa to announce its opinion on September 13, 2023 in a timely manner.