Nidec Corporation has announced an unsolicited tender offer for Makino Milling Machine Co., proposing to acquire shares at ¥11,000 each, amounting to approximately ¥257.3 billion ($1.6 billion). This move marks a significant step in Nidec's strategy to expand its presence in the machine tool sector, aiming to establish itself as a leader in Japan's manufacturing landscape. The offer comes without prior agreement from Makino, indicating a departure from the traditional practice of negotiated acquisitions in Japan. Nidec's bid reflects its ongoing efforts to enhance its portfolio through mergers and acquisitions, following a similar unsolicited bid for TAKISAWA last year. Meanwhile, the Tokyo High Court has dismissed an appeal from Funai Electric's chairman regarding the company's bankruptcy proceedings, raising questions about his directorial status.