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