Nidec Sankyo Revises Financial Forecasts Upward for the Six MonthsEnded September 30, 2008

KYOTO, Japan, Oct. 27, 2008 (GLOBE NEWSWIRE) -- Nidec Corporation
(NYSE:NJ) announced today that Nidec Sankyo Corporation (the
"Company"), one of its consolidated subsidiaries whose shares are
listed on the First Section of the Tokyo Stock Exchange (Code:7757),
has revised upward its consolidated financial forecasts for the six
months ended September 30, 2008 as follows.
 
1. Revised consolidated financial forecasts (Japanese GAAP) for the
six months ended September 30, 2008.
 
2. Reasons for revision
 
The upward revision to the consolidated sales and operating income
forecast primarily reflects stronger-than-projected sale of lens and
actuators, stepping motors, home appliance units and industrial
robots. The Company has also raised its consolidated net income
forecast to reflect exchange gains and tax adjustments under the tax
effect accounting method.
 
The Nidec Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1734
 
CONTACT: Nidec Corporation
Masahiro Nagayasu,General Manager
Investor Relations
+81-75-935-6140
ir@jp.nidec.com
 
The entire release with a financial table is attached as a Word
(.doc) document for your convenience.
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.