Nidec Corp. shares rose sharply after the publication of a long-awaited accounting investigation report eased concerns about the business outlook and the risk of possible delisting. Shares were ...
TOKYO, March 3 (Reuters) - Japanese electric motor maker Nidec warned on Tuesday that it could face 250 billion yen ($1.6 ...
Nidec Corp said it may book up to ¥250 billion (US$1.6 billion or $2.03 billion) in impairment charges as it looks to tally ...
Japan’s scandal-hit Nidec flagged a nearly $890 million expected hit following a monthslong investigation into accounting irregularities at the company that ultimately led to the founder’s exit.
Precision motors giant Nidec Corp. is facing a potential 250 billion yen ($1.6 billion) loss after a third-party investigation uncovered widespread accounting fraud across the group, which it blamed ...
TOKYO -- Japan's Nidec on Tuesday announced that its long-standing accounting fraud might require a total of 250 billion yen ($1.6 billion) and be subject to a so-called impairment review, primarily ...
As announced in our "Notice Regarding Receipt of the Third-Party Committee’s Investigation Report" dated February 27, 2026, ...
Nidec Corp. founder Shigenobu Nagamori bears the biggest responsibility for the major Japanese motor maker's accounting fraud, which came to light last year, a panel of outside experts said in an ...
TOKYO, Feb 26 (Reuters) - Japanese electric motor maker Nidec on Thursday said its founder, Shigenobu Nagamori, has resigned ...
Japanese electric motor maker Nidec said on Thursday that founder Shigenobu Nagamori had resigned as the company's chairman ...
In this article we look at Nidec projections for HDD spindle motor demand and analyze what this may mean for HDD demand this year and into 2024 and 2025. We also look at a recent announcement by ...
Nidec Corp. may book ¥250 billion ($1.6 billion) in impairment charges as it begins tallying the cost of an accounting scandal that’s forced a leadership exodus and reportedly sparked an investigation ...
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