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Name | Symbol | Market | Type |
---|---|---|---|
Nidec Corporation (PK) | USOTC:NJDCY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -1.28% | 4.63 | 4.41 | 4.81 | 4.73 | 4.60 | 4.64 | 40,439 | 20:02:38 |
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
1 Year Nidec (PK) Chart |
1 Month Nidec (PK) Chart |
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