Nidec may see $1.6 billion in impairment charges as it begins calculating the cost of an accounting scandal that’s forced a leadership exodus and reportedly sparked an investigation from Japan’s securities commission. https://www.japantimes.co.jp/business/2026/03/04/companies/nidec-accounting-scandal/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #stocks #tse #manufacturing #corporategovernance #corruption
Nidec warns of $1.6 billion charges from accounting scandal

The world’s largest manufacturer of precision motors said there could be additional charges that would impact its past financial results.

The Japan Times
The Tokyo District Public Prosecutors Office's special investigation squad has arrested a former Mita Securities executive and four other individuals on suspicion of insider trading linked to a tender offer. https://www.japantimes.co.jp/news/2026/02/02/japan/crime-legal/japan-brokerage-insider-trading-arrest/?utm_medium=Social&utm_source=mastodon #japan #crimelegal #mitasecurities #brokerages #nidec #stocks #tse
Former Mita Securities executive and others held for alleged insider trading

The executive and four other individuals were arrested on suspicion of insider trading linked to a tender offer.

The Japan Times
#Nidec Case Highlights Limits of #Investor #Protection in #Japan
🧐"govt has promoted a vision of Japan as an "asset-management nation," expanding the tax-exempt NISA prog to encourage broader participation in #securities #investment. Fr te standpoint of #legal #system, however, tis effort must be matched by measures tt reduce opportunity for #deception & #misconduct in te market.. one tt places greater emphasis on protecting #individual investors & minority #shareholders"
https://japan-forward.com/nidec-case-highlights-limits-of-investor-protection-in-japan/
Nidec Case Highlights Limits of Investor Protection in Japan | JAPAN Forward

The Nidec scandal exposes how Japan's legal system limits accountability, leaving individual investors vulnerable when corporate misconduct wipes out value.

JAPAN Forward
Nidec founder Shigenobu Nagamori is stepping down from his position as chairman of the board following the discovery of accounting issues that damaged the reputation of the Japanese maker of electric motors. https://www.japantimes.co.jp/business/2025/12/20/tech/nidec-chairman-quits-board/?utm_medium=Social&utm_source=mastodon #business #tech #nidec #corruption #carmakers
Nidec chairman quits board after spate of accounting issues

The move follows the discovery of accounting issues that damaged the reputation of the Japanese maker of electric motors.

The Japan Times
ニデックアドバンステクノロジー㈱ (以前の日本電産リード㈱) は、上海感図網絡科技有限公司 (Shanghai Gantu Network Technology Ltd.) と電子回路基板および半導体シリコンウェハ向けAI検査・計測ソリューションに関する戦略的提携契約を10月7日に締結したと、12月2日に発表した。Gantu Technology (感図科技) はAIを用いた光学検査装置のメーカー。詳細は https://www.nidec.com/jp/nidec-advancetechnology/corporate/news/2025/251202_Gantu_Partnership_Agreement/ に。
#Nidec #Gantu #Partnership #AOI #AI
Already mired in a deepening accounting crisis, Nidec now faces the risk of being delisted after the Tokyo Stock Exchange said it will apply special oversight to the company. https://www.japantimes.co.jp/business/2025/10/28/companies/nidec-tse-deslisting-risk/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #tse #stocks
Nidec faces delisting risk as Tokyo Stock Exchange boosts scrutiny

The move by the exchange may deal another blow to Nidec’s shares, which have tumbled roughly 20% since the start of September as its accounting issues came to light.

The Japan Times
Nidec shares slid after the company discovered more suspected cases of improper bookkeeping, heightening fears the world’s biggest maker of mini motors could come under regulatory scrutiny for a potential delisting. https://www.japantimes.co.jp/business/2025/09/29/companies/nidec-shares-down-further-accounting-scandal/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #stocks
Nidec shares slide after widening accounting scandal hurts trust

The company said in a financial report — submitted after a three-month delay — that it had unearthed new problems following evidence of systemic accounting problems.

The Japan Times
Japan's Nidec is building an almost totally "made-in-China” electric car motor to help Toyota compete in the world’s largest auto market. https://www.japantimes.co.jp/business/2025/07/16/companies/nidec-china-toyota/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #toyota #carmakers #china #electricvehicles
Nidec builds made-in-China EV motor to help Toyota catch rivals

About 99% of the materials and parts in the new E-axle motor are from China, said Nidec president Mitsuya Kishida.

The Japan Times
Nidec is withdrawing a $1.8 billion unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target. https://www.japantimes.co.jp/business/2025/05/09/companies/nidec-withdrawal-makino/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #makinomillingmachine #acquisitions #manufacturing
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine

Makino had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.

The Japan Times
Japanese manufacturing giant Nidec plans to launch a ¥257 billion ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed upon deals. https://www.japantimes.co.jp/business/2024/12/27/companies/nidec-makino-takeover-bid/?utm_medium=Social&utm_source=mastodon #business #companies #nidec #shigenobunagamori #makinomillingmachine #acquisitions #investments
Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid

Nidec said Makino's board had not agreed to the ¥11,000 per share offer, a 42% premium to Thursday's closing share price, as it had not proposed the bid before announcing it.

The Japan Times