Nidec to file damage suit against former executives
27/10/2026 08:48
Nidec to file damage suit against former executives TOKYO, Oct 27 (Reuters) - Japanese electric motor maker Nidec 6594.T said on Tuesday it has decided to file a lawsuit for damages against several former executives including company founder Shigenobu Nagamori.
A committee report looking into Nidec's accounting irregularities said this month Nagamori fostered a corporate culture that led to losses being deferred and improperly reflected in financial results.
(Reporting by Kiyoshi Takenaka; Editing by Christian Schmollinger)
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