Nidec Updates Status of Operations in Thailand


KYOTO, Japan, Dec. 9, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today the current status of its manufacturing operations in areas affected by the recent flooding in Thailand.

Nidec Component Technology (Thailand) Co., Ltd. resumed operations in Bang Pa-In on December 8. As of today, all of the ten factories of the Company and its subsidiaries in the affected areas are in operation at either their own facilities or alternative locations. We will continue our efforts to further improve the utilization of the factories whose operations have resumed and to bring the Company's other flood-stricken factories back into operation to the earliest extent possible.

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
  Rangsit Pathumthani Province   Operations resumed on Oct. 25.
Nidec Electronics Bangkadi Bangkadi Industrial Park, Hard disk drive Alternative production started on
(Thailand) Co., Ltd.   Pathumthani Province  ("HDD") motors Nov. 12 at a leased factory in Rayong Province.
         
  Rojana Rojana Industrial Park,   Operations resumed on Dec. 1.
    Ayutthaya Province    
  Rojana Rojana Industrial Park, HDD motor Operations resumed on Nov. 21.
Nidec Precision   Ayutthaya Province components  
(Thailand) Co., Ltd. Ayutthaya Wangnoi District,   Operations resumed on Nov. 4.
    Ayutthaya Province    
  Saraburi SIL Industrial Land,   No damages confirmed and
Nidec Component   Saraburi Province HDD base plates operations remain normal.  
Technology (Thailand) Bang Pa-In Bang Pa-In Industrial   Operations resumed on Dec. 8.
Co., Ltd.   Estate, Ayutthaya    
    Province    
Nidec Shibaura Bangkadi Industrial Park, Home appliance Alternative production underway at
Electronics (Thailand)   Pathumthani Province motors Nidec Shibaura (Zhejiang) Co., Ltd.
Co., Ltd.       in China.
  Nava Nakorn Industrial   Alternative production, which started
Nidec Copal (Thailand)   Estate, Pathumthani Camera shutters; on Nov. 12 at a leased factory in
Co., Ltd.   Province  Lens units Uthai Thani Province, is now
        underway at additional locations in
        and around Thailand.
Nidec-Read (Thailand) Chachoengsao Province Inspection No damages confirmed and
Co., Ltd.     fixtures operations remain normal.

The Nidec Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1734



            

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