Nidec reports no share repurchases in September

Nidec Corporation (TSE: 6594) confirmed it did not repurchase any of its common stock from September 1, 2025, to September 30, 2025. The company reported zero shares acquired and a total repurchase amount of JPY 0 for this period. This update follows a resolution by Nidec’s Board of Directors on May 27, 2025, authorizing a share repurchase program.

The Board's resolution permits the repurchase of up to 13,000,000 common shares, representing 1.13% of total issued shares (excluding treasury stock), with a maximum total value of JPY 35 billion. The authorized repurchase period spans from May 28, 2025, to May 27, 2026.

As of September 30, 2025, the cumulative total of shares repurchased since the program's inception on May 28, 2025, remains at 0 shares, with a total acquisition cost of JPY 0. Nidec will continue to monitor market conditions for future repurchases within the approved framework.