As previously announced in our “Notice Regarding the Third-Party Committee’s Investigation Report” dated February 27, 2026, and our “Announcement Regarding the Disclosure of the Third-Party Committee’s Investigation Report and Our Company’s Response” dated March 3, 2026, the investigation by the Third-Party Committee (the “Committee”) into the instances of improper accounting within our Group has been ongoing after receipt of the Committee’s investigation report dated February 27, 2026. The investigation has now been completed, and today we received from the Committee the investigation report (supplement) as its final report (the “Investigation Report (Supplement)”). We hereby disclose the updated Third-Party Committee’s Investigation Report (Summary) (the “updated Investigation Report (Summary)”). This has been revised based on the Investigation Report (Supplement).

In addition, in parallel with the investigation conducted by the Third-Party Committee, we have been conducting investigations with the support of external experts as part of our internal investigation into trade transaction issues and customs issues relating to NIDEC FIR INTERNATIONAL S.R.L. (“FIR”) and other matters, and we hereby provide an update on the current status of these internal investigations.

The Company takes the Third-Party Committee’s Investigation Report very seriously and will promptly revise its Improvement Plan and Status Report submitted to the Tokyo Stock Exchange, Inc. on January 28, 2026, steadily implement the revised improvement plan, and submit a Written Confirmation of Internal Management System to the Tokyo Stock Exchange.

In addition, in preparation for the selection of new director candidates at the Annual General Meeting of Shareholders scheduled for June 2026, the Company has revised its policy for the appointment of directors and the criteria for their appointment and dismissal. Furthermore, in order to ensure a higher level of fairness and objectivity in the nomination of director candidates, the Company reviewed the composition of its Nomination Committee as of March 26, 2026. For further details, please refer to the press release dated March 27, 2026, entitled “Future Nomination of Director Candidates for New Nidec.”

Full version of this press release:
https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0417-01/260417-01en.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20260417978112/en/