Nidec Provides Update on Damages Caused by Floods in Thailand

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| Source: Nidec Corporation

KYOTO, Japan, Oct. 21, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today an update as of October 21, 2011 on flood damages to Nidec Group companies in Thailand. No damages to the Company's employees have been reported so far.

The Company plans to lay out an operation schedule for the currently inoperative factories based on changes in the situation. The exact amount of damage and the effect of the floods on the Company's performance are being assessed currently. We will continue to report on any actual or potential impact on the Company's business performance in a prompt manner.

         
Company Factory Location Products Status
Nidec Electronics (Thailand) Co., Ltd. Rangsit Factory Pathumthani
Province
Hard disk drive ("HDD") motors Not inundated, but operations temporarily suspended. Preparations to resume operations underway.
  Bangkadi Factory Bangkadi Industrial Park, Pathumthani Province   Factory precinct partially inundated and operations temporarily suspended.
  Rojana Factory Rojana Industrial
Park
    
    Ayutthaya Province   Property inundated and operations suspended. Evacuation orders issued across the Industrial Park.
Nidec Precision (Thailand) Co., Ltd. Rojana Factory Rojana Industrial
Park
Ayutthaya Province
 HDD motor components  
  Ayutthaya
Factory
Wangnoi District
Ayutthaya Province
  Factory precinct partially inundated and operations temporarily suspended.
Nidec Component Technology (Thailand) Co., Ltd. Saraburi Factory SIL Industrial
Land
HDD base
plates
No damages detected and operations remain
normal.
    Saraburi Province    
  Bang Pa-In Factory Bang Pa-In Industrial Estate
Ayutthaya Province
  Property inundated and operations 
suspended.
Shibaura Electronics (Thailand) Co., Ltd." -- Bangkadi Industrial Park, Pathumthani Province Home appliance motors Factory precinct partially inundated and operations temporarily suspended.
Nidec Copal
(Thailand) Co., Ltd.
-- Nava Nakorn Industrial Estate, Pathumthani Province Camera shatters
Lens units
Factory precinct partially inundated and operations temporarily suspended.
Nidec-Read
(Thailand) Co., Ltd.
-- Chachoengsao
Province
Inspection
fixtures
No damages detected and operations remain normal.

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Masahiro Nagayasu
Senior General Manager
Investor Relations
+81-75-935-6140