- Transformation into a Trustworthy and Sincere Company We Can All Take Pride In -

Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec,” the “Company,” or “we”) today announced the launch of the Culture Transformation Lab (the “Lab”), a new organization dedicated to the Company’s fundamental cultural transformation, effective February 01, 2026.

1. Background and Our Vision for Transformation

Within the Nidec Corporate Reform Committee, which was established to formulate and execute improvement measures at an early stage to prevent recurrence, and to reform as a company that can put “what is right”, the members of the Committee, Group companies, and business departments conducted workshops to identify and discuss group-wide challenges. The discussions highlighted employee concerns, such as “It is difficult to express opinions,” and “Even after we speak up, no action is taken, and things remain unchanged.” The workshops also brought to light another perspective, “Although a system for gathering opinions is in place, it is difficult to see how actions are initiated or to track the results of our feedback.”

We recognized that these issues are not isolated incidents but are vital themes across the entire Nidec Group. These circumstances led us to launch the Lab to ensure that employee voices are reflected in our actions, building a corporate culture where everyone feels empowered to drive change through open dialogue.

To sincerely address our existing issues and transform the Nidec Group into a company every employee can take pride in, we will launch the Culture Transformation Lab. This organization was born from a bottom-up proposal based on employee input to and deliberations by the Nidec Corporate Reform Committee’s Corporate Culture Working Group. The Lab will be committed to engaging with all Nidec Group employees and building dialogues to transform Nidec into an organization with transparent communication channels. Although the path of this transformation has not been smooth, the Lab will ensure that our efforts do not end as mere temporary measures, but instead build a persistent, sustainable system where everyone can shine. Furthermore, by prioritizing the pursuit of what is right, we will incorporate an ethical foundation, external viewpoints, social standards, and regional values to drive continuous improvement. Driven by both the system and each employee’s desire to take pride in Nidec, the Company will take its first step forward together with all its employees.

For the full text of this release, please refer to the link below.

https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0128-03/260128-03en.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20260128810230/en/