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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.185 | -4.21% | 4.205 | 4.00 | 5.03 | 4.47 | 4.1501 | 4.1501 | 118,328 | 21:00:02 |
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 March 2016.
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: March 28, 2016 | ||||
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 |
Released on March 28, 2016, in Kyoto, Japan
Nidec Files Shelf Registration Statement in Japan
for Future Domestic Bond Issuances
Nidec Corporation (NYSE: NJ, the “Company”) today announced that it has submitted
a shelf registration statement for issuances of corporate bonds in Japan to the Director General of the Kanto Local Finance Bureau of the Ministry of Finance of Japan today,
as the existing shelf registration statement for issuances of corporate bonds in Japan will expire on April 4, 2016. The shelf registration is expected to enhance the Company’s flexibility and agility in obtaining funding for the Company and its consolidated subsidiaries as an alternative source of funding in addition to financing through
financial institutions and other sources and, through the further diversification of its funding sources, improve the Company’s financial stability.
A brief summary of the shelf registration is described below:
1. Planned issue amount: Up to JPY200 billion
2. Expected effective period: Two years from the effective date of the shelf
registration (expected to be from April 5, 2016 to April
4, 2018)
3. Planned use of proceeds: Proceeds from any future issuances are expected to be
used for equipment and machinery, for lending and
investing purposes, for redemption and repayment of
short-term and other corporate bonds and other debt,
and for general corporate purposes, including working
capital and other operating expenses.
-###-
This press release has been prepared for the purpose of announcing the Company’s submission of a shelf registration statement in Japan. This press release is not an offer to sell or the solicitation of an offer to buy securities. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”). The securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the 1933 Act. |
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