Nidec Announces Delisting American Depositary Shares from New York Stock Exchange Becoming Effective
02 Mayo 2016 - 6:00AM
Nidec Corporation (formerly NYSE:NJ) (the “Company”) hereby
announces that the voluntary delisting of its American Depositary
Shares (“ADSs”) from the New York Stock Exchange (the “NYSE”)
became effective prior to the opening of trading on May 2, 2016
(Eastern Time in the U.S.) as scheduled, following the filing, on
April 21, 2016, of a Form 25 with the U.S. Securities and Exchange
Commission (the “SEC”) for delisting from the NYSE and
deregistration with the SEC as announced on April 11, 2016. In
addition, the Company has filed a Form 15F with the SEC on May 2,
2016 to terminate its reporting obligations under the U.S.
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
1. Effective Date of Delisting (Eastern Time in the
U.S.) May 2, 2016
2. Stock Exchanges on which the Company Maintains its
Listings The Tokyo Stock Exchange
3. Deregistration with the SEC The
deregistration will become effective on July 31, 2016, 90 days
after the filing of Form 15F with the SEC. The Company’s reporting
obligations under the Exchange Act were suspended on May 1, 2016
and will be terminated on July 31, 2016.
Note: The schedule provided above, including the anticipated
effective dates, may be delayed if the SEC objects or requests an
extended review or for other reasons.
4. Future Plans After the delisting of its ADSs
from the NYSE, the Company maintains its American Depositary
Receipt Program in the United States, and therefore its ADSs
continue to be traded in the United States on the over-the-counter
market.
While the Company is no longer subject to ongoing reporting
obligations under the Exchange Act (including the obligation to
file annual reports on Form 20-F), the Company will continue to
make periodic Exchange Act filings on a voluntary basis until the
filing of its annual report on Form 20-F for the fiscal year ended
March 31, 2016, and it will also continue to disclose financial
statements and other information, in English, on its website to
ensure that its overseas shareholders and investors will continue
to have access to appropriate information about the Company.
5. Contact Information for Inquiries regarding the
Company’s ADSs
JPMorgan Service Center
(U.S.) Tel: |
U.S.: 800-990-1135 (toll
free) International: +1- 651-453-2128 |
Website: |
www.adr.com |
E-mail: |
jpmorgan.adr@wellsfargo.com |
Shareholder
Service Representatives are available Monday through Friday, from
7:00 a.m. to 7:00 p.m. Eastern Time in the U.S. |
Contact:
Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
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