FORM 6-K
U.S.SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Commission File Number: 1-15238
Supplement For the month of November 2006.
Total number of pages: 3
The exhibit index is located on page 1
NIDEC CORPORATION
(Translation of registrant’s name into English)
338 KuzeTonoshiro-Cho,
Minami-Ku,Kyoto 601-8205 Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20-F X Form 40-F __
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes __ No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_____
Information furnished on this form:
EXHIBITS
Exhibit Number
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 20, 2006 | ||||
NIDEC CORPORATION | ||||
By: /S/ Hiroshi Toriba | ||||
Senior General Manager, Investor Relations |
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FOR IMMEDIATE RELEASE
NIDEC CORPORATION
New York Stock Exchange symbol: NJ
Stock exchange code (Tokyo, Osaka): 6594
Contact: | |
Hiroshi Toriba | |
Senior General Manager | |
Investor Relations | |
+81-75-935-6140 | |
HIROSHI_TORIBA@notes.nidec.co.jp |
Released on November 20, 2006, in Kyoto, Japan
Nidec to Increase Shareholding in Nidec Sankyo
Nidec Corporation (“Nidec”) announced today pursuant to Article 167 of the Securities Exchange Law of Japan that it has decided to purchase 3,500,000 shares of common stock in one of its consolidated subsidiaries, Nidec Sankyo Corporation (“Nidec Sankyo”), whose shares are listed on the First Section of the Tokyo Stock Exchange (Code: 7757). As a result, Nidec will hold a 56.92% stake in Nidec Sankyo.
Details of the share purchase are as follows:
1.
Class of shares to be purchased:
Common Stock of Nidec Sankyo (First Section of the Tokyo Stock Exchange, code 7757)
2.
Number of shares to be purchased:
3,500,000 shares(1.83% of total outstanding shares of Nidec Sankyo)
3.
Total number of Nidec Sankyo shares to be held by Nidec:
108,788,000 shares(56.92% of total outstanding shares of Nidec Sankyo)
Notes: The total number of Nidec Sankyo shares to be held by Nidec and its subsidiaries will amount to 112,788,000 shares.
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