Nidec unveils improvement plan, delays release of quarterly financial results
28/01/2026 07:05
TOKYO, Jan 28 (Reuters) - Japan's Nidec 6594.T submitted an improvement plan to the Tokyo Stock Exchange on Wednesday after being placed on a "special alert" by the bourse last year for revelations of suspected accounting irregularities at overseas subsidiaries. The Kyoto-based electric motor maker also delayed the release of its financial results for the October-December quarter, saying it would disclose them more than 45 days after the end of the period. (Reporting by Daniel Leussink; Editing by Tom Hogue) ((daniel.leussink@thomsonreuters.com; Twitter: @danielleussink;))
Recent news on NIDEC
See all newsBrief: Nidec Corporation - Failed To Meet Oct 28 Deadline To Submit Corrected Financial Statement With Auditors' Opinion
Japan's Nidec misses its target to file amended accounts with auditor's opinion (updated)
Japan's Nidec likely to miss audit opinion by month-end, Nikkei says
Brief: Nidec Unlikely To Be Able To Obtain Audit Opinion On Its Annual Report By End Of Month, Nikkei Says
Nidec to sue former executives over accounting issues (updated)