Nidec Announces Its Submissions of Answers to the Third Questionnaire from Makino Milling Machine Co., Ltd. (Securities Code: 6135)

KYOTO, Japan--(BUSINESS WIRE)--March 19, 2025-- 

Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.'s Prime Market) (the "Target Company") in response to the third questionnaire, a document dated March 11, 2025 that Nidec received from the Target Company.

As explained in the press release, "Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)," dated December 27, 2024, Nidec, as part of a series of transactions (the "Transaction") for the purpose of making Makino Milling Machine Co., Ltd. a wholly owned subsidiary of the Company, decided to acquire the shares of common stock of the Target Company through a tender offer, and on the same day submitted to it a letter of intent regarding the Transaction.

The Company intends to continue to provide the Target Company with information that it needs to disclose its opinions regarding the Transaction, in a sincere, timely, and appropriate manner.

The answers to the questionnaire:

https://nidec.g.kuroco-img.app/v=1742343244/files/topics/18366_ext_2_en_0.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20250318036694/en/

 
    CONTACT:    Teruaki Urago 

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

(END) Dow Jones Newswires

March 19, 2025 04:26 ET (08:26 GMT)