Nidec says it will set up a committee to investigate the responsibility of executives in an improper accounting scandal, and will use its conclusions to consider damages or other legal measures.
- Committee is composed of external experts with no conflict of interest, Nidec says
- Directors, auditors or executive officers who held their roles between fiscal year 2020 through 1Q of fiscal year 2025 are subject of the investigation
- Related Stories:
Oasis Proposed One Board Candidate to Nidec, May Seek More: CIO Nidec Climbs After Oasis Reveals Stake, Calls For Reform (1)
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