In relation to the letter of intent (the "Letter of Intent") that was released by Nidec on December 27, 2024 in the press release titled "Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)," we hereby report on the progress after the release of the Letter of Intent and on Nidec's current opinion regarding this matter.
1. Progres
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange
Nidec Advance Technology Corporation (“Nidec Advance Technology” or the “Company”) today announced that it will exhibit products at SEMICON KOREA 2025, an event to be held at COEX Convention Center in the city of Seoul from Wednesday, February 19 – Friday, February 21, 2025.
This upcoming exhibition will see Nidec Advance Technology showcase its state-of-the-art solutions, including: power
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, at 11:59 p.m. on January 21, 2025 Eastern Standard Time of the United States (or 01:59 p.m. on January 22, 2025 Japan time), the waiting period for the procedure required under the US Hart-Scott-Rodino Antitrust Improvement Act of 1976 – one of the permits and approvals for this case required for a serie
As explained in the press release issued on December 27, 2024, Nidec Corporation (the “Company”) decided, as part of a series of transactions (the “Transaction”) aimed at making Makino Milling Machine Co., Ltd. (“Target Company”), a company listed on the Prime Market of the Tokyo Stock Exchange, Inc., a wholly owned subsidiary of the Company, to acquire common shares of Target Company through a te
Nidec Drive Technology Corporation (“Nidec Drive Technology” or the “Company”), a Nidec Group Company, today announced the launch of “Smart-FLEXWAVE BD Series”, which is precision-control reducer FLEXWAVE combined with a built-in safety torque sensor which have acquired functional safety certification.
Smart-FLEXWAVE, made based on the Company’s unique sensing technology and wave motion gea
Nidec Advance Technology Corporation (“Nidec Advance Technology” or the “Company”), a Nidec Group company, announced today that it has launched, (1) a Semiconductor Device Temperature Measurement Probe, (2) a Chamber Head Type Probe Card for High Voltage application.
Recent years, demand for power semiconductors used in electric vehicles (EVs) and industrial equipment has increased, leading to
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec”) today announced that it has started shipping (as the first company in the world to do so)* a CDU (Coolant Distribution Unit) as a new in-rack-type cooling solution for next-generation data centers. This latest product, jointly developed with Supermicro Computer Inc. (“Supermicro”), possesses a 4U-size, 250kW cooling capability, and meets the
Nidec Advance Technology Corporation (“Nidec Advance Technology” or the “Company”) announced today that it will exhibit products and technologies at HKPCA Show 2024, an international trade show to be held at Shenzhen World Exhibition & Convention Center from Wednesday, December 4 – Friday, December 6, 2024.
HKPCA Show 2024, the largest of its kind in China’s PCB industry, will feature m
Nidec Mobility Corporation (“Nidec Mobility” or “we”), a Nidec Group company, today announced that it has developed the world-first electric clutch ECU for two-wheel vehicles that enables the rider to shift gears without using the clutch lever when the vehicle’s drive force changes as it starts moving, changes speed, stops, etc.
Nidec Mobility’s electric clutch ECU for two-wheel vehicles
Unl
A global leader in industrial drives and automation, Nidec Drives, the brand of Nidec’s Motion & Energy segment, is launching a groundbreaking change to their warranty program. Effective immediately, customers will now receive a 5-year warranty as standard on all Control Techniques global drives, option module and keypad product lines*.
Nidec Drives are the first drives supplier to offer a
