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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.04 | 0.89% | 4.54 | 4.54 | 4.57 | 4.57 | 4.53 | 4.57 | 25,582 | 15:11:31 |
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 May 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: May 2, 2016 | ||||
NIDEC CORPORATION | ||||
By: /S/ Masahiro Nagayasu | ||||
General Manager, Investor Relations |
2
FOR IMMEDIATE RELEASE
NIDEC CORPORATION
Tokyo Stock Exchange code: 6594
Contact: |
|
Masahiro Nagayasu |
|
General Manager |
|
Investor Relations |
|
+81-75-935-6140 |
|
ir@nidec.com |
Released on May 2, 2016, in Kyoto, Japan
Nidec Announces Delisting American Depositary Shares
from New York Stock Exchange Becoming Effective
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 Companys 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 Companys 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.
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1 Month Nidec (PK) Chart |
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