ASML’s EUV Lithography Machines Power Europe’s Most Valuable Tech Company 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs 
First Abu Dhabi Bank Reports 22% Jump in Q4 Profit, Beats Market Expectations 
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High 
CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates 
The Maire - EuroChem Case: Three Lessons for Global Business 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Google Disrupts Major Residential Proxy Network IPIDEA 
KYOTO, Japan, May 24, 2017 -- Nidec Corporation (TSE:6594) (OTC:NJDCY) (the “Company” or “Nidec”) today announced that the Company resolved at a meeting of its Board of Directors held on May 24, 2017 to distribute retained earnings (date of record: March 31, 2017) in the form of an annual dividend as outlined below:
| Determined amount | Previous annual dividends forecast (Announced on October 24, 2016) | (Reference) Annual dividends for the fiscal year ended March 31, 2016 | |
| Record date | March 31, 2017 | March 31, 2017 | March 31, 2016 |
| Dividend per share | 45 yen | 45 yen | 40 yen |
| Total dividend amount | 13,347 million yen | - | 11,864 million yen |
| Effective date | June 1, 2017 | - | June 2, 2016 |
| Dividend resource | Retained earnings | - | Retained earnings |
The Company upholds shareholder-oriented management and places importance on regular dividend payments, seeking to increase its dividend payout to around 30% of the consolidated net profit. Based on this dividend policy and in comprehensive consideration of its financial position, profit levels and current dividend payout ratio, the Company has decided to reward its shareholders with a year-end dividend of 45 yen per share. This translates into an annual dividend of 85 yen per share together with the interim dividend of 40 yen per share for the year ended March 31, 2017.
| Dividend per share | |||
| Record Date | Interim | Year-end | Full-year |
| Annual dividends per share for the year ended March 31, 2017 | 40 yen | 45 yen | 85 yen |
| (Reference) Annual dividends per share for the year ended March 31, 2016 | 40 yen | 40 yen | 80 yen |
Contact: Masahiro Nagayasu General Manager Investor Relations +81-75-935-6140 [email protected]
