Press Release: Nidec Announces the Withdrawal of the Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)

Dow JonesMay 9 16:24

Yamazaki Baking, Nomura Real Estate HD ETC (additional) Rating

Upgraded - Bullish Code Stock Name Securities Company Previous Change After -------------------------------------------------------- <7731> NIKON CORP SPONS Macquarie "Neutral" "Outperform" Downgraded - Bearish Code Stock Name Securities Company Previous Change After -------------------------------------------------------- <4205> Zeon SMBC Nikko "

Fisco JapanMay 9 11:23

＜Individual Stock Trends＞ National Guarantee, Nagase Sangyo, Tsubakimoto Kosan, Makino, Enshu = 9 days before the market.

National Guarantee <7164.T> - A maximum acquisition of 3.5 million Stocks (2.59% of the issued Stocks excluding treasury Stocks) and a 7 billion yen treasury stock acquisition limit has been set. Nagase <8012.T> - A maximum acquisition of 7.5 million Stocks (6.90% of the issued Stocks excluding treasury Stocks) and a 12 billion yen treasury stock acquisition limit has been set, with an expectation of increased revenue and operating profit for the fiscal year ending March 2026. Tsubakimoto <8052.T> - An increase in revenue and profit is expected for the fiscal year ending March 2026. Makino F <6135.T> - Nidec Corporation Sponsored ADR <6594.T> has announced.

Kabushiki ShimbunMay 9 10:48

Makino Milling Machine ranks, Nidec Corporation Sponsored ADR announces the withdrawal of the TOB.

Makino Milling Machine <6135> has made the ranking (as of 10:32). A significant decline continues. Nidec Corporation Sponsored ADR <6594> has announced the withdrawal of its TOB towards the company. The reason cited is the potential for damage if the company's introduced countermeasures against acquisition are activated. Nidec started the TOB on April 4, with a TOB price of 0.01 million 1000 yen, and the purchase period was until May 21. With the withdrawal of the TOB, the acquisition premium has lost its value. Volume change rate ranking top [May.

Fisco JapanMay 9 09:34

Rating information (Target Price change - Part 2) = Nippon Steel, Astellas Pharma, etc.

◎ Mizuho Securities (three stages: Buy > Hold > underperform) Nippon Steel <5631.T> -- "Buy" → "Buy", 5,600 yen → 6,600 yen Nomura Real Estate HD <3231.T> -- "Hold" → "Hold", 860 yen → 880 yen Kanadevia <7004.T> -- "Hold" → "Hold", 1,040 yen → 1,000 yen ◎ Morgan Stanley MUFG Securities (three stages: Overweight > Equal Weight > Underweight) Astellas Pharma <4503.T> -- "Equal Weight"

Kabushiki ShimbunMay 9 08:56

Toyota, Chiyoda Corporation, etc. [List of stock materials from the newspaper]

*Toyota Motor Corporation <7203> forecasts a full-year operating profit of 3.8 trillion yen, burdened by U.S. tariffs and yen appreciation (Nikkei Industrial Front Page) -○ *Nidec Corporation Sponsored ADR <6594> withdraws TOB, concerns about damages in response to Makino's countermeasures (Nikkei Industrial Front Page) -○ *Shibaura Electronics <6957> raises to 6200 yen, Shibaura Electronics TOB surpasses Minebea (Nikkei Industrial Page 3) -○ *JUKI <6440> supports sewing and industrial IoT, improving factory productivity (Nikkei Industrial Page 3) -○ *Chiyoda Corporation <6366> average net profit of 15 billion yen, medium-term plan over three years,

Fisco JapanMay 9 07:29