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: 333-13896
Supplement For the month of April 2010.
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: April 26, 2010 | ||||
NIDEC CORPORATION | ||||
By: /S/ Masahiro Nagayasu | ||||
General Manager, Investor Relations |
2
FOR IMMEDIATE RELEASE
NIDEC CORPORATION
New York Stock Exchange symbol: NJ
Stock exchange code (Tokyo, Osaka): 6594
Contact: | |
Masahiro Nagayasu | |
General Manager | |
Investor Relations | |
+81-75-935-6140 | |
ir@jp.nidec.com |
Released on April 26, 2010, in Kyoto, Japan
Nidec Revises Upward Year-end Dividend Forecast
Nidec Corporation (the “Company”)(NYSE:NJ) today announced that it would revise upward its year-end dividend forecast for the year ended March 31, 2010. In this relation, the Company’s Board of Directors will meet on May 22, 2010 to approve the following:
1. Dividend Details
Dividend per share (yen) for the year ended March 31, 2010
Interim | Year end | Full year | |
Previous Forecast (as of January. 28, 2010) | 35 | 60 | |
Revised Forecast (as of April 26, 2010) | 40 | 65 | |
Dividend Paid | 25 | ||
<Reference> Dividend per share (yen) for the year ended March 31, 2009 | |||
Interim | Year end | Full year | |
Dividend Paid | 30 | 30 | 60 |
2. Reasons for revision
The Company made significant improvements in its profitability during the fiscal year ended March 31, 2010, reporting its highest-ever operating income, income from continuing operations before income taxes, and net income, despite its sales still being short of the peak level.
In light of the above progress, the Company now revises its year-end dividend forecast for the year ended March 31, 2010 from 35 yen per share to 40 yen per share. This brings the full-year payout to 65 yen per share, representing an increase of 5 yen from the previous fiscal year.
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