UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of August 2015.
Commission File Number: 333-13896
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): _
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: August 6, 2015 | ||||
NIDEC CORPORATION | ||||
By: /S/ Masahiro Nagayasu | ||||
General Manager, Investor Relations |
2
FOR IMMEDIATE RELEASE
NIDEC CORPORATION
New York Stock Exchange symbol: NJ
Tokyo Stock Exchange code: 6594
Contact: | |
Masahiro Nagayasu | |
General Manager | |
Investor Relations | |
+81-75-935-6140 | |
ir@nidec.com |
August 6, 2015
Nidec Corporation
Nidec India to Obtain Rupee-Denominated Loan from JBIC
Nidec Corporation (NYSE: NJ) (the “Company” or “Nidec”) today announced that Nidec India Private Limited (“NIND”), the Company’s subsidiary in India, plans to obtain an Indian rupee-denominated financing from the Japan Bank for International Cooperation (“JBIC”). This is the first loan to be provided by JBIC denominated in Indian rupee.
NIND provides a common operation environment for multiple Nidec group businesses in the manufacture of automotive, appliance, commercial and industrial motors in India. NIND enables the sharing of production infrastructure among multiple operations, localization of design operations, and low-cost production knowhow. Through NIND, Nidec intends to enhance the group’s business in India, South Asia, Middle East and other emerging markets.
The utilization of JBIC loan is expected to curb the Company’s rupee-based interest expense and to help reduce currency volatility-related risks.
For inquiries, please contact:
Takuo Yasui
Senior Vice President and General Manager of Finance Department
Nidec Corporation
338 Tonoshiro-cho, Kuze, Minami-ku
Kyoto 601-8205 Japan
Tel: +81-75-935-6230