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#nidec — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #nidec, aggregated by home.social.

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  1. Shareholders confronted Nidec's board at the motor manufacturer's annual meeting on Thursday, following a tumultuous year marred by accounting scandals, manufacturing defects and the ouster of its charismatic founder. japantimes.co.jp/business/2026 #business #companies #nidec #mitsuyakishida #shigenobunagamori #fraud

  2. Nidec President Mitsuya Kishida has said the motor maker will suspend business acquisitions in order to focus on reconstructing the firm rocked by accounting and product quality fraud. japantimes.co.jp/business/2026 #business #companies #nidec #scandals

  3. Nidec is facing renewed investor backlash after disclosing details of quality control misconduct, compounding accounting problems at a once-admired manufacturer and the exit of its charismatic founder. japantimes.co.jp/business/2026 #business #companies #nidec #manufacturing #corporategovernance #kyoto

  4. Nidec may see $1.6 billion in impairment charges as it begins calculating the cost of an accounting scandal that’s forced a leadership exodus and reportedly sparked an investigation from Japan’s securities commission. japantimes.co.jp/business/2026 #business #companies #nidec #stocks #tse #manufacturing #corporategovernance #corruption

  5. The Tokyo District Public Prosecutors Office's special investigation squad has arrested a former Mita Securities executive and four other individuals on suspicion of insider trading linked to a tender offer. japantimes.co.jp/news/2026/02/ #japan #crimelegal #mitasecurities #brokerages #nidec #stocks #tse

  6. Nidec founder Shigenobu Nagamori is stepping down from his position as chairman of the board following the discovery of accounting issues that damaged the reputation of the Japanese maker of electric motors. japantimes.co.jp/business/2025 #business #tech #nidec #corruption #carmakers

  7. Already mired in a deepening accounting crisis, Nidec now faces the risk of being delisted after the Tokyo Stock Exchange said it will apply special oversight to the company. japantimes.co.jp/business/2025 #business #companies #nidec #tse #stocks

  8. Nidec shares slid after the company discovered more suspected cases of improper bookkeeping, heightening fears the world’s biggest maker of mini motors could come under regulatory scrutiny for a potential delisting. japantimes.co.jp/business/2025 #business #companies #nidec #stocks

  9. Deutsche Bank rebounded to a Q3 profit of €1.461B as lawsuit provisions fell €440M and investment banking thrived. However, retail revenue stayed flat, and corporate banking fell 3%. Volvo Cars cut its 2024 growth forecast despite a strong Q3, while Nidec's profit rose 10%. Heineken saw sales up 3.3%, below estimates. L'Oréal's Q3 sales lagged, and Lloyds Banking beat profit expectations but warned of challenges ahead.

    #Earnings #Q3 #US #DeutscheBank #Volvo #Nidec #Heineken #LOréal #Lloyds

  10. Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors. japantimes.co.jp/business/2024 #business #tech #nidec #ai #yen

  11. A growing number of business leaders in Japan are pledging to unwind their vast network of cross-held shares to satisfy the nation’s top regulator and activist shareholders, but Nobuhiro Doi, president of Kyoto Financial Group, isn't one of them. japantimes.co.jp/business/2024 #business #companies #kyotofinancialgroup #banks #nobuhirodoi #corporategovernance #stocks #nintendo #nidec

  12. Japan’s Nidec and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which makes heavy-duty electric motors used in ships and mining equipment and could fetch about ¥483.6 billion in a sale. japantimes.co.jp/business/2024 #business #companies #nidec #kpscapitalpartners #acquisitions #siemens