"Each one of us, as a Nidec Group member, needs to realize the obligation to stay on the “royal road of business management”, comply with domestic and overseas laws and regulations and promote the Group’s business with a high sense of ethics."

- Shigenobu Nagamori, Chairman, Nidec Corporation

The Nidec Group’s business philosophy is to grow healthily and contribute to the global society (the “royal road of business management”). Our reputation for honesty and integrity among our customers, shareholders, investors, and other stakeholders is a key to the growth and prosperity of the Group. We will not achieve any results through violations of laws or regulations or through unscrupulous business transactions. That is why your voice is so important. We rely on you to help us by speaking up whenever any situation threatens our business philosophy and our reputation. Nidec is committed to an environment where open and honest communications are the expectation, not the exception. We want you to feel comfortable, without fear of retaliation, in approaching us -- your supervisor, manager, local Human Resources or Law Department -- in any instance where you believe a violation of Our Code of Conduct, policies or the law may have occurred. In addition, we encourage you to ask questions related to policies and procedures and to provide suggestions. If you prefer to raise a concern anonymously, where local law permits, you may use our confidential Ethics Hotline, hosted by a third party provider, EthicsPoint.

Non-Retaliation

Nidec does not tolerate retaliation against anyone who reports in good faith any observed or suspected illegal or unethical behavior, or Code of Conduct-related policy violations. Be assured that you will never be retaliated against or punished in any way for reporting your concerns in good faith.