Nidec 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 from ...

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 ...

Japan’s scandal-hit Nidec 65943.28%increase; green up pointing triangle flagged a nearly $890 million expected hit following a monthslong investigation into accounting irregularities at the company ...

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec,” the “Company,” or “we”) today announced the launch of the Culture Transformation Lab (the “Lab”), a new ...

Nidec Corp delayed the release of its quarterly results and pledged to overhaul its growth-at-all-costs culture in the wake of an accounting scandal that’s seen its debt rating cut to junk. (Jan 28): ...

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 ...

[TOKYO] Nidec said its founder Shigenobu Nagamori will step down from his position as chairman of the board, following the discovery of a series of accounting issues dating back years. The 81-year-old ...

TOKYO, Dec ‌19 : Japanese electric motor maker Nidec said founder and chairman Shigenobu Nagamori has voluntarily left the board as of Friday to assume the title of chairman emeritus. CEO and ...

TOKYO, Dec 19 (Reuters) - Japanese electric motor maker Nidec (6594.T), opens new tab said founder and chairman Shigenobu Nagamori has voluntarily left the board as of Friday to assume the title of ...

TOKYO, Dec ‌19 : Japanese electric motor maker Nidec said founder and chairman Shigenobu Nagamori has voluntarily left the board as of Friday to assume the title of chairman emeritus. CEO ‌and ...