DGAP-News: Nidec Revises Upward Year-End Dividend Forecast

25.01.2011
Nidec Corporation 25.01.2011 07:41 =-------------------------------------------------------------------------- KYOTO, Japan, 2011-01-25 07:40 CET (GLOBE NEWSWIRE) --Nidec Corporation (the 'Company') (NYSE:NJ) today announced that the Company's Board of Directors at its meeting held today has revised upward its year-end dividend forecast for the year ending March 31, 2011 as follows: Annual Dividend First Second Third Fourth Full year Quarter-end Quarter-end Quarter-en Quarter-en d d Previous Forecast - - - 40 80 (as of April 26, 2010) Revised Forecast - - - 45 85 Dividend Paid - 40 - - - (for the year ending March 31, 2011) Dividend Paid - 25 - 40 65 (for the year ended March 31, 2010) Under 'Vision 2015,' the Company is now driving a major strategic transition to a new growth-oriented business framework. In the meantime, the Company seeks to distribute its profits to shareholders through regular dividend payments and continues to aim at increasing the payout ratio to 30% subject to improvements in its consolidated net income. In line with the stated dividend policy and in consideration of its current financial conditions, the Company now revises upward its year-end dividend forecast for the year ending March 31, 2011 from 40 yen per share to 45 yen per share. Together with the interim dividend of 40 yen per share already paid, the full-year dividend for the year ending March 31, 2011 will be 85 yen per share. 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 ir@jp.nidec.com News Source: NASDAQ OMX 25.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Nidec Corporation Japan Phone: Fax: E-mail: Internet: ISIN: JP3734800000 WKN: End of Announcement DGAP News-Service =--------------------------------------------------------------------------

Nidec Corporation 25.01.2011 07:41 =-------------------------------------------------------------------------- KYOTO, Japan, 2011-01-25 07:40 CET (GLOBE NEWSWIRE) --Nidec Corporation (the 'Company') (NYSE:NJ) today announced that the Company's Board of Directors at its meeting held today has revised upward its year-end dividend forecast for the year ending March 31, 2011 as follows: Annual Dividend First Second Third Fourth Full year Quarter-end Quarter-end Quarter-en Quarter-en d d Previous Forecast - - - 40 80 (as of April 26, 2010) Revised Forecast - - - 45 85 Dividend Paid - 40 - - - (for the year ending March 31, 2011) Dividend Paid - 25 - 40 65 (for the year ended March 31, 2010) Under 'Vision 2015,' the Company is now driving a major strategic transition to a new growth-oriented business framework. In the meantime, the Company seeks to distribute its profits to shareholders through regular dividend payments and continues to aim at increasing the payout ratio to 30% subject to improvements in its consolidated net income. In line with the stated dividend policy and in consideration of its current financial conditions, the Company now revises upward its year-end dividend forecast for the year ending March 31, 2011 from 40 yen per share to 45 yen per share. Together with the interim dividend of 40 yen per share already paid, the full-year dividend for the year ending March 31, 2011 will be 85 yen per share. 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 ir@jp.nidec.com News Source: NASDAQ OMX 25.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Nidec Corporation Japan Phone: Fax: E-mail: Internet: ISIN: JP3734800000 WKN: End of Announcement DGAP News-Service =--------------------------------------------------------------------------

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