Sep 16, 2026, 08:48 UTC
Hong Kong-based activist investment fund Oasis Management increased its stake in Nidec to 7.97% from 6.78%, holding about 95.06 million shares as of September 30, 2025.
Source:Sep 15, 2026, 08:18 UTC
Nidec set September 30 as the record date for an extraordinary shareholders' meeting to seek approval of financial documents delayed by accounting irregularities.
Source:Sep 12, 2026, 09:54 UTC
Nidec decided to withdraw from production in Cambodia and close its local production subsidiary Nidec Die Casting (Cambodia) due to the Thailand-Cambodia border conflict, saying alternative production is prepared and the impact on earnings will be limited.
Source:Sep 10, 2026, 07:49 UTC
Nidec shareholders filed a derivative lawsuit with the Kyoto District Court seeking about 28.7 billion yen in compensation from founder Shigenobu Nagamori and former president Hiroshi Kobe over share buybacks and excessive dividends conducted in 2022-2023.
Source:Sep 4, 2026, 06:43 UTC
Nidec published an investigation report by an external committee regarding quality misconduct, confirming 844 cases including 60 serious quality incidents.
Sep 2, 2026, 07:32 UTC
Nidec announced on September 2 that it received a report from an investigation committee probing suspected quality misconduct, and will disclose the report contents and preventive measures on September 4.
Aug 28, 2026, 09:00 UTC
Japan's Financial Services Agency will require listed companies' executives to declare in annual securities reports that they have personally verified the accuracy and proper functioning of report preparation and disclosure procedures, aiming to clarify management responsibility and deter accounting fraud such as that at Nidec. The agency plans to revise the Cabinet Office Ordinance by spring 2027.
Source:Aug 21, 2026, 08:08 UTC
Nidec announced on August 21 that it received a written demand from multiple shareholders to file a lawsuit against current and former directors over accounting irregularities, and is considering a response while an external expert committee investigates the directors' legal liability.
Source:Aug 6, 2026, 01:53 UTC
Nidec Corporation received a written request from an individual shareholder to file an action against current and former directors, alleging improper accounting and other matters.
Source:Jun 4, 2026, 04:00 UTC
A probe into Nidec found that a hard-charging culture pushed executives to inflate profits by $1bn over multiple years, leading to Japan's biggest accounting fraud in a decade.
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