Tokyo Stock Exchange Code: 6594
Nidec Corporation

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, on March 24, 2025 (Slovakia time), the Company has obtained from the Ministry of Economy of the Slovak Republic its confirmation under the Slovakia Foreign Trade Control Act (Foreign Investment Regulations) that no risk of negative impact of the foreign investment has been identified – one of the permits and approvals for this case required for a series of transactions for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange,Inc.’s Prime Market) a wholly owned subsidiary of Nidec.This means that the procedure has been completed as so explained in advance in the Company’s press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” issued on December 27, 2024.We will promptly announce the completion of the other procedures required under applicable laws and regulations regarding merger control and foreign investment restriction for other jurisdictions once such procedures have been completed.

(Reference) The expected completion dates (tentative) are as follows: