Nidec launches third-party probe; committee finds widespread misconduct
Nidec set up an independent third-party committee on Sept. 3, 2025; its reports dated Feb. 27, 2026 and April 17, 2026 found widespread improper accounting, including deferred inventory write-downs, avoided fixed-asset impairments and improper cost capitalization. Non-consolidated results for year ended March 31, 2026