- Contact:
- Teruaki Urago
- General Manager
- Investor Relations
- +81-75-935-6140
- ir@nidec.com
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Company resolved at a meeting of its Board of Directors held on May 27, 2025 to distribute retained earnings (date of record: March 31, 2025) in the form of an annual dividend as outlined below:
1. Annual Dividend Payout from Retained Earnings
(*1) The Company implemented a two-for-one common stock split, effective October 1, 2024. Dividends per share was calculated on the assumption that the relevant stock split had been implemented at the beginning of the year ended March 31, 2024.
2. Reason
Regarding shareholder returns, our policy is to maintain stable and continuous dividends while aiming for a total payout ratio of 50%, including share repurchase, in addition to increasing our share price through business expansion and improving profitability in growth fields. Based on this dividend policy and in comprehensive consideration of its financial position, profit levels and dividend payout ratio, the Company has decided to reward its shareholders with a year-end dividend of 20 yen per share. This translates into an annual dividend of 40 yen per share together with the interim dividend of 20 yen per share for the year ended March 31, 2025.
(Reference)
(*2) Dividends per share were calculated on the assumption that the relevant stock split had been implemented at the beginning of each period.