JPMorgan Chase Bank NA - ADR Depositary

09/17/2024 | Press release | Distributed by Public on 09/17/2024 11:03

Registration for Depository Shares Form F 6EF

As filed with the U.S. Securities and Exchange Commission on September 17, 2024

Registration No. 333-

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM F-6

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

For Depositary Shares Evidenced by American Depositary Receipts

___________________

Nidec Corporation

(Exact name of issuer of deposited securities as specified in its charter)

n/a

(Translation of issuer's name into English)

Japan

(Jurisdiction of incorporation or organization of issuer)

JPMORGAN CHASE BANK, N.A.

(Exact name of depositary as specified in its charter)

383 Madison Avenue, Floor 11, New York, New York 10179

Telephone (800) 990-1135

(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)

____________________

Nidec America Corporation

50 Braintree Hill Office Park, Suite 110,

Braintree, MA 02184 U.S.A.

Telephone (781) 848-0970

(Address, including zip code, and telephone number, including area code, of agent for service)

Copy to:

Scott A. Ziegler, Esq.

Ziegler, Ziegler & Associates LLP

570 Lexington Avenue, Suite 2405

New York, New York 10022

(212) 319-7600

It is proposed that this filing become effective under Rule 466

immediately upon filing

on October 1, 2024 at 8:30 am (EST)

If a separate registration statement has been filed to register the deposited shares, check the following box. ☐

CALCULATION OF REGISTRATION FEE

Title of each class of

Securities to be registered

Amount

to be registered

Proposed maximum aggregate price per unit (1)

Proposed maximum

aggregate offering price (2)

Amount of

registration fee

American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing one-quarter of one share of common stock of Nidec Corporation 80,000,000 $0.05 $4,000,000 590.40
(1) Each unit represents one American Depositary Share.
(2) Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

Pursuant to Rule 429, the Prospectus contained herein also relates to the American Depositary Shares registered under Form F-6 Registration Statement No. 333-179604 and 333-237565. This Registration Statement constitutes Post-Effective Amendment No. 3 to Registration No. 333-179604 and Post-Effective Amendment No. 1 to Registration Statement 333-237565.

PART I

INFORMATION REQUIRED IN PROSPECTUS

The Prospectus consists of the form of American Depositary Receipt ("ADR" or "American Depositary Receipt") included as Exhibit A to the Third Amended and Restated Deposit Agreement filed as Exhibit (a) to this Registration Statement on Form F-6, which is incorporated herein by reference.

Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED

CROSS REFERENCE SHEET

Item Number and Caption

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus

(1) Name and address of Depositary Introductory paragraph and bottom of face of American Depositary Receipt
(2) Title of American Depositary Receipts and identity of deposited securities Face of American Depositary Receipt, top center
Terms of Deposit:
(i) Amount of deposited securities represented by one unit of American Depositary Shares Face of American Depositary Receipt, upper right corner
(ii) Procedure for voting, if any, the deposited securities Paragraph (12)
(iii) Collection and distribution of dividends Paragraphs (4), (5), (7) and (10)
(iv) Transmission of notices, reports and proxy soliciting material Paragraphs (3), (8) and (12)
(v) Sale or exercise of rights Paragraphs (4), (5) and (10)
(vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization Paragraphs (4), (5), (10) and (13)
(vii) Amendment, extension or termination of the Deposit Agreement Paragraphs (16) and (17)
(viii) Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of Holders of ADRs Paragraph (3)
(ix) Restrictions upon the right to deposit or withdraw the underlying securities Paragraphs (1), (2), (4), and (5)
(x) Limitation upon the liability of the Depositary Paragraph (14)
(3) Fees and Charges Paragraph (7)

Item 2. AVAILABLE INFORMATION

Item Number and Caption

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus

(b) Statement that Nidec Corporation's (the "Company") publishes information in English required to maintain the exemption from registration under Rule 12g3-2(b) under the Securities Exchange Act of 1934 on its Internet Web site (www.nidec.com) or through an electronic information delivery system generally available to the public in its primary trading market.

Paragraph (8)

PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

Item 3. EXHIBITS

(a) Form of Deposit Agreement. Form of Third Amended and Restated Deposit Agreement dated as of , 2024 among Nidec Corporation, JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all Holders and Beneficial Owners from time to time of ADRs issued thereunder (the "Deposit Agreement"), including the Form of American Depositary Receipt, is filed herewith as Exhibit (a).
(b) Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.
(c) Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.
(d) Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Filed herewith as Exhibit (d).
(e) Certification under Rule 466. Filed herewith as Exhibit (e).
(f) Powers of Attorney for certain officers and directors and the authorized representative of the Company. Set forth on the signature pages hereto.

Item 4. UNDERTAKINGS

(a) The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.
(b) If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.

SIGNATURE

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on September 17, 2024.

Legal entity created by the form of Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares

By: JPMORGAN CHASE BANK, N.A., as Depositary
By: /s/ Gregory A. Levendis
Name: Gregory A. Levendis
Title: Executive Director

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, Nidec Corporation certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, on September 17, 2024.

Nidec Corporation
By: /s/ Mitsuya Kishida
Name: Mitsuya Kishida
Title: Representative Director and President/Chief Executive Officer

POWERS OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Mitsuya Kishida and Akinobu Samura and each of them singly, as his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement and sign any registration statement for the same offering covered by this Registration Statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under the U.S. Securities Act of 1933, and all post effective amendments thereto and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Under the requirements of the Securities Act, this Registration Statement on Form F-6 has been signed by the following persons on September 17, 2024, in the capacities indicated.

SIGNATURES

Signature

Title

/s/ Mitsuya Kishida

Mitsuya Kishida

Representative Director and President/Chief Executive Officer

/s/ Shigenobu Nagamori

Shigenobu Nagamori

Founder and Chairman of the Board

/s/ Hiroshi Kobe

Hiroshi Kobe

Member of the Board of Directors and Chairman

/s/ Kazuya Murakami

Kazuya Murakami

Member of the Board of Directors

/s/ Hiroyuki Ochiai

Hiroyuki Ochiai

Member of the Board of Directors

Outside Member of the Board of Directors

Shinichi Sato

/s/ Yayoi Komatsu

Yayoi Komatsu

Outside Member of the Board of Directors

/s/ Takako Sakai

Takako Sakai

Outside Member of the Board of Directors

/s/ Aya Yamada

Aya Yamada

Outside Member of the Board of Directors

Outside Member of the Board of Directors

Hiroe Toyoshima

/s/ Kunio Umeda

Kunio Umeda

Outside Member of the Board of Directors

/s/ Akinobu Samura

Akinobu Samura

Senior Vice President and Chief Financial Officer

SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT

Under the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Nidec Corporation, has signed this Registration Statement on Form F-6 in Braintree, Massachusetts, on September 17, 2024.

Authorized U.S. Representative
By: /s/ Nobuyasu Nozawa
Name: Nobuyasu Nozawa
Title: President, Nidec America Corporation

INDEX TO EXHIBITS

Exhibit Number

(a)

(d)

Form of Third Amended and Restated Deposit Agreement.

Opinion of Counsel to the Depositary

(e)

Rule 466 Certification.