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  • Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

    Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Takisawa Machine Tool Co., Ltd. (“Takisawa”) has passed a resolution at its extraordinary general meeting of shareholders held on January 12, 2024, to consolidate 900,000 of its common shares into one, and that the consolidation has taken effect today. With this share consolidation, Takisawa has become a wholly owned

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