{"success":true,"data":{"pressRelease":{"id":"51513","rtpr_id":"nBw9xKcNVa","ticker":"6594","exchange":"TSE Tokyo","all_tickers":["6594"],"title":"Nidec Announces ISS’s Report Recommending Votes in Favor of All Company Proposals at Nidec’s 53rd Regular General Meeting of Shareholders","author":"Business Wire","published_at":"2026-06-02T02:21:00.075Z","article_body":"Nidec Announces ISS’s Report Recommending Votes in Favor of All Company\nProposals at Nidec’s 53rd Regular General Meeting of Shareholders\n\nNidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”)\nhereby announces that Institutional Shareholder Services Inc. (“ISS”), a\nleading proxy advisory firm, has issued a report recommending that\nshareholders vote “FOR” all proposals to be entered at the Company’s\nupcoming 53rd Regular General Meeting of Shareholders scheduled for June 18,\n2026.\n\nThe proposals:\n\n1. Partial Amendments to the Articles of Incorporation\n\n2. Election of eight Members of the Board of Directors who are not Audit and\nSupervisory Committee Members\n\n3. Election of four Members of the Board of Directors who are Audit and\nSupervisory Committee Members\n\n4. Revision of amount of remuneration, etc. for Members of the Board of\nDirectors who are not Audit and Supervisory Committee Members\n\n5. Revision of amount of remuneration, etc. for Members of the Board of\nDirectors who are Audit and Supervisory Committee Members\n\nThe Company believes that ISS’s recommendation to vote in favor of all\nproposals demonstrates their understanding of our revitalization initiatives,\nas well as the proposals to be resolved at this Regular General Meeting of\nShareholders, including the new Board of Directors structure that will serve\nas the foundation for the future progress of these efforts. To satisfy the\nexpectations of our shareholders, investors, and all other stakeholders, we\nare fully committed to implementing reforms in both our governance framework\nand corporate culture under the new Board of Directors structure. The Company,\nincluding all the management and employees, will work as one to make every\neffort to restore trust at the earliest possible date.\n\nThe Company respectfully requests that shareholders review the Notice of the\n53rd Regular General Meeting of Shareholders and support the proposals for\nNidec’s revitalization. The Company would sincerely appreciate the\nunderstanding and support of its shareholders. The Notice of the 53rd Regular\nGeneral Meeting of Shareholders is available at:\nhttps://www.nidec.com/files/user/www-nidec-com/ir/event/meeting/img/53_all_en.pdf\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nidec.com%2Ffiles%2Fuser%2Fwww-nidec-com%2Fir%2Fevent%2Fmeeting%2Fimg%2F53_all_en.pdf&esheet=54545908&newsitemid=20260601889925&lan=en-US&anchor=https%3A%2F%2Fwww.nidec.com%2Ffiles%2Fuser%2Fwww-nidec-com%2Fir%2Fevent%2Fmeeting%2Fimg%2F53_all_en.pdf&index=1&md5=38cc3fd06b1384c3a0f1f95e5cba326b)\n\nFor additional information regarding the Company’s revitalization\ninitiatives, please visit the dedicated section on the official website:\nhttps://www.nidec.com/en/corporate/disclosure/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nidec.com%2Fen%2Fcorporate%2Fdisclosure%2F&esheet=54545908&newsitemid=20260601889925&lan=en-US&anchor=https%3A%2F%2Fwww.nidec.com%2Fen%2Fcorporate%2Fdisclosure%2F&index=2&md5=94996a82dfb46d9219a13261df9ee0db)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260601889925/en/\n(https://www.businesswire.com/news/home/20260601889925/en/)\n\nTeruaki Urago\n\nGeneral Manager\n\nInvestor Relations\n\n+81-75-935-6140\n\nir@nidec.com (mailto:ir@nidec.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw9xKcNVa","title":"Nidec Announces ISS’s Report Recommending Votes in Favor of All Company Proposals at Nidec’s 53rd Regular General Meeting of Shareholders","author":"Business Wire","ticker":"6594","created":"2026-06-02T02:21:00.075Z","tickers":["6594"],"exchange":"TSE Tokyo","article_body":"Nidec Announces ISS’s Report Recommending Votes in Favor of All Company\nProposals at Nidec’s 53rd Regular General Meeting of Shareholders\n\nNidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”)\nhereby announces that Institutional Shareholder Services Inc. (“ISS”), a\nleading proxy advisory firm, has issued a report recommending that\nshareholders vote “FOR” all proposals to be entered at the Company’s\nupcoming 53rd Regular General Meeting of Shareholders scheduled for June 18,\n2026.\n\nThe proposals:\n\n1. Partial Amendments to the Articles of Incorporation\n\n2. Election of eight Members of the Board of Directors who are not Audit and\nSupervisory Committee Members\n\n3. Election of four Members of the Board of Directors who are Audit and\nSupervisory Committee Members\n\n4. Revision of amount of remuneration, etc. for Members of the Board of\nDirectors who are not Audit and Supervisory Committee Members\n\n5. Revision of amount of remuneration, etc. for Members of the Board of\nDirectors who are Audit and Supervisory Committee Members\n\nThe Company believes that ISS’s recommendation to vote in favor of all\nproposals demonstrates their understanding of our revitalization initiatives,\nas well as the proposals to be resolved at this Regular General Meeting of\nShareholders, including the new Board of Directors structure that will serve\nas the foundation for the future progress of these efforts. To satisfy the\nexpectations of our shareholders, investors, and all other stakeholders, we\nare fully committed to implementing reforms in both our governance framework\nand corporate culture under the new Board of Directors structure. The Company,\nincluding all the management and employees, will work as one to make every\neffort to restore trust at the earliest possible date.\n\nThe Company respectfully requests that shareholders review the Notice of the\n53rd Regular General Meeting of Shareholders and support the proposals for\nNidec’s revitalization. The Company would sincerely appreciate the\nunderstanding and support of its shareholders. The Notice of the 53rd Regular\nGeneral Meeting of Shareholders is available at:\nhttps://www.nidec.com/files/user/www-nidec-com/ir/event/meeting/img/53_all_en.pdf\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nidec.com%2Ffiles%2Fuser%2Fwww-nidec-com%2Fir%2Fevent%2Fmeeting%2Fimg%2F53_all_en.pdf&esheet=54545908&newsitemid=20260601889925&lan=en-US&anchor=https%3A%2F%2Fwww.nidec.com%2Ffiles%2Fuser%2Fwww-nidec-com%2Fir%2Fevent%2Fmeeting%2Fimg%2F53_all_en.pdf&index=1&md5=38cc3fd06b1384c3a0f1f95e5cba326b)\n\nFor additional information regarding the Company’s revitalization\ninitiatives, please visit the dedicated section on the official website:\nhttps://www.nidec.com/en/corporate/disclosure/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nidec.com%2Fen%2Fcorporate%2Fdisclosure%2F&esheet=54545908&newsitemid=20260601889925&lan=en-US&anchor=https%3A%2F%2Fwww.nidec.com%2Fen%2Fcorporate%2Fdisclosure%2F&index=2&md5=94996a82dfb46d9219a13261df9ee0db)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260601889925/en/\n(https://www.businesswire.com/news/home/20260601889925/en/)\n\nTeruaki Urago\n\nGeneral Manager\n\nInvestor Relations\n\n+81-75-935-6140\n\nir@nidec.com (mailto:ir@nidec.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-02T02:21:00.123015131Z","server_sent_at_ms":1780366860123},"received_at":"2026-06-02T02:21:00.183Z","source_url":"https://www.businesswire.com/news/home/20260601889925/en/"},"analysis":{"id":"40945","press_release_id":"51513","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":[],"eventType":"other","narrative":"Institutional Shareholder Services (ISS) has issued a report recommending shareholders vote in favor of all proposals at Nidec’s upcoming 53rd General Meeting of Shareholders.\n\nThe proposals include the election of eight non-audit board members and four audit and supervisory committee members, alongside amendments to the Articles of Incorporation and revisions to director remuneration.\n\nNidec views the recommendation as validation of its revitalization initiatives and new board structure, urging shareholders to support the measures to restore trust.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine ISS proxy support for Nidec governance proposals."},"keyFigures":{},"quotedText":"The Company believes that ISS’s recommendation to vote in favor of all proposals demonstrates their understanding of our revitalization initiatives","namedEntities":{"people":[{"name":"Teruaki Urago","role":"General Manager, Investor Relations"}],"products":[],"companies":[{"name":"Nidec Corporation","ticker":"6594","relationship":"filer"},{"name":"Institutional Shareholder Services Inc.","ticker":"","relationship":"proxy advisory firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Routine corporate governance update regarding a proxy advisory firm's recommendation. ISS recommending votes 'FOR' standard board and governance proposals is expected and does not represent a material change in business operations or financial outlook."},"tickerRelevance":{"others":[],"primary":"6594"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"routine governance","sectorWeight":"low","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Institutional Shareholder Services (ISS) has issued a report recommending shareholders vote in favor of all proposals at Nidec’s upcoming 53rd General Meeting of Shareholders.\n\nThe proposals include the election of eight non-audit board members and four audit and supervisory committee members, alongside amendments to the Articles of Incorporation and revisions to director remuneration.\n\nNidec views the recommendation as validation of its revitalization initiatives and new board structure, urging shareholders to support the measures to restore trust.","key_figures":{},"named_entities":{"people":[{"name":"Teruaki Urago","role":"General Manager, Investor Relations"}],"products":[],"companies":[{"name":"Nidec Corporation","ticker":"6594","relationship":"filer"},{"name":"Institutional Shareholder Services Inc.","ticker":"","relationship":"proxy advisory firm"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T02:21:09.677Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"large-cap","eventGravity":"routine governance","sectorWeight":"low","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"durationMs":9488,"modelName":"george-droid-qwen-72b"}}