NIDEC Corp : Nidec Establishes New Subsidiary in Shanghai, China

FOR IMMEDIATE RELEASE

Contact:

Masahiro Nagayasu Senior General Manager Investor Relations

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Released on January 10, 2012, in Kyoto, Japan

Nidec Corporation New York Stock Exchange symbol: NJ Stock exchange code (Tokyo, Osaka): 6594 Nidec Establishes New Subsidiary in Shanghai, China

Nidec Corporation (NYSE: NJ) announced today that it has established a new subsidiary named NIDEC MANAGEMENT SHANGHAI CORPORATION in Shanghai, China. The new subsidiary will supervise, control and coordinate the financial activities of Nidec Group companies in China as a vehicle to generate higher capital efficiency.

Outline of the New Subsidiary

1. Company name
NIDEC MANAGEMENT SHANGHAI CORPORATION
2. Company address and contact information
Address: Room 837B, Tower 1, No. 977, Shangfeng Rd., Pudong New District, Shanghai, China
Telephone: [phone] (Ext.) 318
Fax: [phone]
3. Date of establishment
November 2, 2011 (Planned date of commencing operations: January 11, 2012)
4. Capital
US$ 2 million (100% invested by Nidec Corporation)
5. Executives
Mr. Masuo Yoshimatsu, Chairman (Director, senior vice president and CFO of Nidec Corporation) Mr. Kiyoyoshi Takegami, President (Executive officer of Nidec Corporation)
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