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Nidec Revises Consolidated Financial Forecasts And Year-End Dividend Projection For The Year Ending March 31, 2013

The revised financial forecasts assume the exchange rates of 85 yen against the U.S. dollar and 115 yen against the euro. The assumed exchange rates of the yen against other currencies, including Asian currencies, have been determined in relation to the yen-dollar exchange rate.

2. Revised year-end dividend projection for the year ending March 31, 2013

Dividend per share (yen) for the year ended March 31, 2013

  Annual Dividend
  First Quarter-end Second Quarter-end Third Quarter-end Fourth Quarter-end Full year
Previous Forecast (as of April 24, 2012) -- 45 -- 50 95
Revised Forecast  -- -- -- 35 80
Dividend Paid (for the year ending March 31, 2013) --  45 -- -- --
Dividend Paid (for the year ended March 31, 2012) --  45 --  45  90

Reasons for revision

Based on the stated revision to the Company's consolidated financial forecasts for the year ending March 31, 2013, the Company has revised downward its year-end dividend projection for the year ending March 31, 2013 from 50 yen per share to 35 yen per share, making the projected aggregate annual dividend 80 yen per share.

The Nidec Corporation logo is available at:

CONTACT: Masahiro Nagayasu
         General Manager
         Investor Relations

Nidec Corporation

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