KYOTO, Japan--(BUSINESS WIRE)--May 29, 2025-- 

Nidec Corporation hereby announces that at the Board of Directors meeting held today, it was resolved to post the contents of the attachment on its Internet website (address: https://www.nidec.com/en/ir/event/meeting/).

The audits of overseas subsidiaries are taking time, and we have not yet received the accounting auditor's report on the consolidated financial statements.

The accounting auditor's report on the consolidated financial statements is currently being prepared in time for the 52nd Annual General Meeting of Shareholders, scheduled to be held on June 20, 2025, but is yet to be determined. We will notify you as soon as we receive it.

(Attachment)

To our shareholders

Disclosure information regarding consolidated financial statements

We would like to express our sincere gratitude to our shareholders for their ongoing support and encouragement.

Our 52nd business report, financial statements, and consolidated financial statements have already been submitted to the Audit and Supervisory Committee and the accounting auditor. However, due to the time required for the audits of our overseas subsidiaries, we have not yet received the accounting auditor's audit report on the consolidated financial statements.

We have already sent the materials for the 52nd Annual General Meeting of Shareholders to shareholders who have requested to receive them in writing. These materials include the accounting auditor's audit report on the consolidated financial statements and the audit report of the Audit and Supervisory Committee, the contents of which are subject to receipt of the accounting auditor's audit report. These audit reports were prepared and sent in anticipation of receiving the accounting auditor's audit report on the consolidated financial statements. However, as stated above, we have not yet received the accounting auditor's audit report on the consolidated financial statements at this time.

In this regard, the audit reports of the Audit and Supervisory Committee, which are based on the assumption that the audit report of the accounting auditor on the consolidated financial statements has not yet been received at this time, are posted on the websites listed in the notice of the meeting. In addition, once the accounting auditor's audit report on the consolidated financial statements has been received and the Audit and Supervisory Committee's audit based on said audit report has been completed, the Audit and Supervisory Committee's audit report and the accounting auditor's audit report on the consolidated financial statements will be posted on the website.

Furthermore, based on the results of the accounting audits conducted by the accounting auditors for the consolidated financial statements, if any corrections are made to the information to be disclosed in the consolidated financial statements going forward, we will take measures such as promptly posting such corrections on our website (address: https://www.nidec.com/en/ir/event/meeting/). We would appreciate your understanding and cooperation in this matter.

May 29, 2025

Mitsuya Kishida

Representative Director and President

NIDEC Corporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20250529934476/en/

 
    CONTACT:    Teruaki Urago 

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

(END) Dow Jones Newswires

May 29, 2025 07:27 ET (11:27 GMT)