Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that, on October 27, 2025, the Company received a notification from Tokyo Stock Exchange stating that our shares are designated as Security on Special Alert effective as of October 28, 2025.

For further details and reasons regarding the designation of Security on Special Alert, please refer to the website of Japan Exchange Group at the following URL.

URL: https://www.jpx.co.jp/english/news/1023/20251027-12.html

In response to the designation of Security on Special Alert notification, the Company and its group will work together as one to fully cooperate with the investigation by the Third-Party Committee and investigations conducted by external experts as part of other internal investigations. We will also make every effort to re-establish and strengthen our governance and internal control systems and strive to regain the trust and confidence of all our stakeholders.

We sincerely apologize to our shareholders, investors, and other related parties for any inconvenience and concern caused.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251027760545/en/