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  • Nidec Precision Executes Agreement to Transfer Its Shares in Nidec Precision Yamada

    Nidec Precision Executes Agreement to Transfer Its Shares in Nidec Precision Yamada

    NIDEC CORPORATION (TSE: 6594; OTC US: NJDCY) and NIDEC PRECISION CORPORATION (“NIDEC PRECISION” or the “Company”) announced today that, at a meeting of the Board of Directors held on March 18, 2025, they resolved to transfer NIDEC PRECISION’s shares (approximately 68.4%) in NIDEC PRECISION YAMADA CORPORATION (the “Target Company”), a subsidiary of the Company and joint venture with APIC YAMADA COR

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