March 11 (Reuters) - Nidec Corp 6594.T:
OASIS CALLS FOR GOVERNANCE REFORM AND CORPORATE VALUE RECOVERY AT NIDEC
OASIS MANAGEMENT CO: THE SERIES OF IMPROPER ACCOUNTING ISSUES THAT HAVE COME TO LIGHT AT NIDEC ARE EXTREMELY SERIOUS
OASIS: PARTICULARLY CONCERNED THAT ROOT CAUSES OF THESE ISSUES LIE IN CORPORATE CULTURE CHARACTERIZED BY DOMINANT INFLUENCE OF FOUNDER SHIGENOBU NAGAMORI
OASIS: WILL CONTINUE CONSTRUCTIVE DIALOGUE WITH NIDEC, PROVIDE SUPPORT AND FURTHER ENGAGEMENT WHERE APPROPRIATE IN ORDER TO IMPROVE CORPORATE GOVERNANCE AND ENHANCE CORPORATE VALUE
Source text: https://www.businesswire.com/news/home/20260311874659/en/
Further company coverage: 6594.T
(Reporting by Kantaro Komiya)
((Kantaro.Komiya@thomsonreuters.com;))