KYOTO, Japan, Feb. 1, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 24, 2013, pursuant to Article 459, Paragraph 1, Item 1 of the Companies Act of Japan.
(2.21% of total number of shares issued, excluding treasury stock)3. Total repurchase amount: Up to 20 billion yen 4. Period of repurchase: From January 25, 2013 through January 24, 2014 B) The accumulative number of own shares repurchased until January 31, 2013, pursuant to the Board of Directors resolution above: 1. Accumulative number of own shares repurchased: 0 shares 2. Total accumulative repurchase amount: 0 yen The Nidec Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1734
CONTACT: Masahiro Nagayasu General Manager Investor Relations +81-75-935-6140 firstname.lastname@example.org