Entity

Nidec

Nidec is a Japanese multinational manufacturer of electric motors and other electronic components, serving a wide range of industries including automotive, industrial machinery, and consumer electronics.

Why it’s in the news: It is in the news due to a major corporate scandal involving accounting irregularities, a subsequent delisting warning, and the appointment of a new CEO tasked with leading a recovery plan.

Latest on Nidec

  • Oasis urges Nidec to seek a buyout and warns of delisting risk
  • Nidec scandal sends bonds to bottom in test for new CEO
  • Scandal-hit Nidec's new CEO long praised by founder Nagamori
  • Nidec lays out recovery plan with unit sales and investments for AI
  • Nidec's new chief blames expansion drive, profit chase for write-downs
  • Nidec shares sink after auditor withholds opinion on results

Connections

11 entities linked to Nidec across the news graph.