Nidec shares plunge 22% on accounting probe
On July 9, 2025, NIDEC Corp in Qingdao, China. Qingdao Industrial Park.
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Shares Nıdec The company lasted up to 22.44% on Thursday after announced an investigation into an inappropriate accounting in one of its subsidiaries.
The establishment of an independent third -party committee comes after an internal investigation for the wrong practice, which shows that it is a link to NIDEC’s management of NIDEC, a Chinese subsidiary.
“The company recognized the limitations managed by the members of the audit and audit committee and the need for objective investigation of an independent of the company,” Nidec said. He said. In a statement Wednesday.
This indicates the largest daily drop of the producer of Japanese electronic components.
NIDEC CORP shares
