Nidec Corporation
Policy for 53rd Annual Shareholders’ Meeting and Report on Accounting Irregularities Investigation | May 2026
Nidec plans to hold a shareholders' meeting in June 2026 but has decided to delay the financial report and hold an extraordinary meeting due to doubts about accounting irregularities. The investigation results and improvement plans will be reported.
Key Figures
- Scheduled Shareholders' Meeting Date: June 18, 2026
- Receipt date of investigation report: February 27, 2026, and April 17, 2026
- Details of suspected accounting irregularities: Postponement of inventory valuation losses, avoidance of fixed asset impairments, etc.
AI要約
Investigation into Accounting Irregularities and Policy for Shareholders' Meeting
Nidec is conducting an investigation by a third-party committee concerning suspected accounting irregularities at its overseas subsidiaries. Based on the investigation results, a shareholders' meeting is scheduled for June 18, 2026, where the investigation findings and improvement plans will be reported. Delays have occurred in the settlement procedures and audits, and the originally planned financial report is expected to be delayed. An extraordinary shareholders' meeting will also be held to obtain approval for business reports and consolidated financial statements.
Impact on Shareholders and Investors and Future Response
The suspicion of accounting irregularities has led to delays in the submission of financial reports and audit results, causing concern among shareholders and investors. Nidec intends to demonstrate investigation results and corrective measures at the extraordinary meeting to restore trust. Details such as the date and content of the upcoming meetings will be announced promptly once decided.
Nidec Corporation
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