Nidec launches third-party probe into suspected improper accounting practices

• Nidec launched an independent third-party committee on Sept. 3, 2025 to investigate suspected improper accounting.
• Committee reports dated Feb. 27, 2026 and April 17, 2026 found widespread misconduct across group locations.
• Findings included deferred inventory write-downs, avoided fixed-asset impairments, improper capitalization of costs.
• Non-consolidated results for the year ended March 31, 2026 booked extraordinary losses totaling JPY 330.9 billion.
• Investigation-related expenses were JPY 30.5 billion; most other charges were eliminated on consolidation, limiting group earnings impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nidec Corporation published the original content used to generate this news brief on September 30, 2026, and is solely responsible for the information contained therein.