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Nidec Receives Report on Executive Responsibility Investigation

Nidec received a committee report on improper accounting and plans board meetings today to review it, consider legal actions and disclose near-term measures. A redacted version will be released.

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Nidec said it received a report from the Executive Responsibility Investigation Committee concerning improper accounting. The company plans to hold board meetings today to review the findings, consider legal action and disclose measures in the near term. A redacted version of the report will be released.