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Investors' Q&A

Company history
 
Q When was Nidec-Read incorporated?
A Nidec-Read Corporation was incorporated on November 25, 1991. You can read the Company's history here.

Q When were the Company's shares listed?
A We listed on the second section of the Osaka Securities Exchange in August 2000.



Accounts and financial statements
 
Q When do you close your accounts?
A We close our accounts on March 31. However, we publish quarterly financial results.

Q Who are your auditors?
A Our auditors are Kyoto Audit Corporation.

Q Can I obtain a copy of your latest financial results?
A You can download a copy here(Japanese site).


Company shares
 
Q What is your securities code?
A Our securities code is 6833.

Q Where can I inquire about transferring shares and other share-related procedures?
A Please contact the Sumitomo Trust & Banking Corporation. You can view their website here(Japanese site).

Q What units are your shares sold in?
A Our shares are sold in units of 100 shares.

Q When is the next General Meeting of Shareholders?
A It will be scheduled to hold on June 20, 2011.

Q Can you list the gross number of shares issued and your major shareholders?
A The gross number of shares issued is 14 million.

Major shareholders (as of March 31st, 2011)
Name of individual or corporation Number of shares held Share as percentage of
gross shares issued (%)
Nidec-Shimpo Corporation 5,604,000 40.03
Nidec Corporation 2,009,600 14.35
Japan Trustee Services Bank, Ltd.*1 1,030,000 7.36
Shigenobu Nagamori 750,000 5.36
Nidec Copal Corporation 532,000 3.80
Japan Trustee Services Bank, Ltd.*2 427,400 3.05
The Nidec-Read Employee's stock ownership 304,400 2.17
The Master Trust Bank of Japan, Ltd.*3 292,300 2.09
The Bank of Kyoto, Ltd. 230,000 1.64
S.N. Kohsan, Ltd. 210,000 1.50
Total 11,389,700 81.36
*1: The 1,030,000 shares held by Japan Trustee Services Bank, Ltd. are company shares held by Nidec Corporation and entrusted to Japan Trustee Services Bank, Ltd. for the distribution of retirement bonuses.
*2: The 427,400 shares held by Japan Trustee Services Bank, Ltd. are held on trust for investors, including shares in securities investment trusts.
*3: The 292,300 shares held by The Master Trust Bank of Japan, Ltd. are held on trust for investors, including shares in securities investment trusts.

Q What is the current share price?
A You can find up-to-date share price information on the Yahoo! Finance (Japanese site) share information page.

Q Do you plan to hold any seminars for investors?
A On July 21, 2005, Nidec-Read participated in an Investor Relations Fair for individual investors, sponsored by the Osaka Securities Exchange. The next IR Fair will be hold in February, 2006.


Management strategy and market environment
 
Q What is your basic market strategy?
A Our basic strategy is to develop innovative products, open up new markets and seek out new customers. We are pursuing a threefold strategy of developing leading-edge testing technologies, expanding our overseas production and sales network and implementing a quality-first production system, in an all-out effort to achieve higher customer satisfaction.

Q What is the current state of the testing equipment market?
A

Digital appliances continue to require ever-rising standards of performance and function, in line with market needs. New products, such as large-screen LCDs and plasma displays are a powerful factor in expanding the market, with rapidly growing sales, and a new market has also emerged for small organic EL and polysilicon crystal displays.The printed circuit boards, semiconductor packages and other high-density electronic components on which our testers are used are an indispensable component of these digital appliances. As the market for digital appliances expands, so will the opportunities for Nidec-Read's tester operations.
Another important trend is that as the components on which our testers are used deliver ever better performance and ever more versatile function, our customers' needs with respect to our testers become increasingly varied. Our ability to develop next-generation non-contact testers was born from our existing expertise in contact-type testers. By anticipating market needs, we were able to leverage our newfound knowledge of non-contact technologies to create two new products, which are now earning plaudits from our many customers.

 

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