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globenewswire

Nidec to Solidify Sales Foothold in China

  • Press Release
  • Source: Nidec Corporation
  • On 2:30 am EDT, Tuesday October 20, 2009

KYOTO, Japan, Oct. 20, 2009 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ - News) today announced that Nidec (H.K.) Co., Ltd., one of its wholly owned sales subsidiaries in China, has established a subsidiary company in Shenzhen City, Canton, China (the "Shenzhen Office").

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Chart for NIDEC CP (NIHON) ADS
{"s" : "nj","k" : "c10,l10,p20,t10","o" : "","j" : ""}


 1. Objectives of the Shenzhen Office

    The Shenzhen Office is intended to perform the central role in
    Nidec's customer management initiatives and new market exploration
    in South China, the fast-growing international industrial area for
    the development and production of information technology devices,
    home appliances and automobiles.

 2. Outline of the Shenzhen Office

   (1) Company Name: Nidec (Shenzhen) Co., Ltd.

   (2) Location:   Flat B-1A, 43/F, Block A, World Finance Centre,
                   Shennan E. Road,  Luohu District, Shenzhen City,
                   Guandong Prov., The People's Republic of China
                   Tel: (86)-755-2598-1929
                   Fax: (86)-755-2598-1989

   (3) President:  Mitsuru Tsuyoshi
                   Executive Officer of Nidec Corporation;
                   President of Nidec (H.K.) Co., Ltd.

   (4) Date of Business Commencement (Planned):  November 1, 2009

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

Contact:

Nidec Corporation
Investor Relations
Masahiro Nagayasu, General Manager
+81-75-935-6140
ir@jp.nidec.com

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