Nidec Corp
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All NIB.MU news ›Nidec report points finger at founder for accounting scandal
Nidec Corp. founder Shigenobu Nagamori created a corporate culture that led to losses being improperly deferred and inaccurately reflected in earnings, according to a board committee report detailing how the electric-motor manufacturer…
Nidec Discloses an English Version of the Digest of the Executive Responsibility Investigation Committee’s Investigation Report
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Nidec Names New Pool/Spa Motors National Account Manager
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Nidec founder, 8 others, blamed for accounting fraud losses
By SATOSHI SEII/ Staff Writer October 21, 2026 at 16:57 JST Nine former and current executives at major motor manufacturer Nidec Corp. bear responsibility for an estimated financial loss of 27.6 billion yen ($175 million) caused by…
Nidec Accounting Scandal: Founder and Eight Other Executives Held Responsible for ₹16,000 Crore Loss
NEW DELHI: An investigation committee reviewing accounting fraud and financial irregularities at Japanese electric motor manufacturer Nidec Corporation has determined that nine senior leaders breached their duties, inflicting financial…
Nidec scandal cuts founder Nagamori’s wealth by nearly $1 billion
A sharp decline in Nidec shares has cost founder Shigenobu Nagamori at least $978 million as the company grapples with a deepening accounting scandal. Nagamori’s fortune has fallen to about $3.3 billion since the crisis worsened last…
Execs' Breach of Duties Costs Nidec 27.6 B. Yen in Accounting Fraud
Kyoto, Oct. 20 (Jiji Press)--A committee investigating Nidec Corp.'s accounting fraud released on Tuesday a report recognizing that nine individuals breached their duties as company executives and subsequently caused damage totaling about…
Why doesn't it stop even with auditors? Responsibility of 9 former executives, and Nidec's "accounting calculated backward from targets" as read by a former audit firm employee
※This article is based on media reports and company disclosure materials. It is not intended to evaluate specific individuals or recommend the buying or selling of stocks. I will write by separating facts from my own inferences. To start…
Nidec report blames Nagamori for systematic accounting failures
TradingView Nidec report blames Nagamori for systematic accounting failures
Nidec considers recovering damages from founder — The Japan Times
Japanese electric motor manufacturer Nidec said it is considering legal measures, including claims for damages, against current and former executives. Those who may be affected include the company’s founder, Shigenobu Nagamori. The move…
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