Press Release FeedGet the RSS feed
Menu

Business Wire

Nidec Announces Receipt of an Investigation Report from the Executive Responsibility Investigation Committee

Business Wire

KYOTO, Japan, October 16, 2026--As announced in the press release, "Notice Regarding the Establishment of the Executive Responsibility Investigation Committee," dated March 13, 2026, Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec" or the "Company") launched an Executive Responsibility Investigation Committee (the "Committee") to investigate and examine whether current and former directors, auditors, and vice presidents bear legal liability, including whether they breached their duties in the execution of their responsibilities, regarding the instances of improper accounting within our group.

Today, Nidec received an investigation report (the "Report") from the Committee. The Company will disclose the Report promptly after redacting part of it to, among other reasons, protect the trade secrets of our group and business partners and individual privacy.

Based on the aforementioned Report, the Company will deliberate legal actions such as lodging a claim for damages, and promptly disclose them as soon as they are decided. In addition, the Company will hold a meeting of the Board of Directors and a meeting of the Audit and Supervisory Committee today to listen to the Executive Responsibility Investigation Committee's explanation on its Report, and disclose actions for Nidec to take for the time being.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261015562388/en/

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
[email protected]

  1. Real estateKBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2026-6 (AOMT 2026-6)NEW YORK, October 16, 2026--KBRA assigns preliminary ratings to ten classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2026-6 (AOMT 2026-6), a $250.6 million non-prime RMBS transaction. The underlying collateral, comprised of 381 residential mortgages, and includes a meaningful conce
  2. FinanceUL SolutionsUL Solutions Warns of GFCI and Duplex Wall Outlets Modified by Third Parties to Include Built-in CamerasAfter manufacturing, third parties added built-in cameras to the wall outlets; UL Solutions did not evaluate the modified products and recommends that they be immediately removed from service and discarded. NORTHBROOK, Ill., October 16, 2026--UL Solutions (NYSE: ULS), a global leader in applied safety
  3. Port Houston Regular Commission Meetingto Be Held on Wednesday, October 21, 2026 HOUSTON, October 16, 2026--The Port Commission of the Port of Houston Authority will hold its Regular Monthly Meeting on Wednesday, October 21, 2026, beginning at 9:15 a.m. in the boardroom of the Port Houston Authority Administrative Building, located at 2960
  4. KBRA Assigns Rating to $500 Million Senior Unsecured Notes Issued by Cantor Fitzgerald, L.P.NEW YORK, October 16, 2026--KBRA assigns a rating of BBB with a Stable Outlook to the $500 million senior unsecured notes issued by Cantor Fitzgerald, L.P. ("Cantor", "CFLP", or "the firm") with a final maturity date of October 15, 2029. The proceeds will be used to refinance existing senior unsecured
  5. Berkley OneBerkley One Launches Expanded Product Portfolio in WashingtonMORRISTOWN, N.J., October 16, 2026--Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, today announced the expansion of its product portfolio in Washington State. The launch introduces non-admitted homeowners coverage alongside admitted Collectibl
  6. FinanceQualia Legacy Advisors Advises The Blogger Agent on Sale to The Only AgencyDeal Expands The Only Agency's Footprint in the Creator Economy LONDON & NEW YORK, October 16, 2026--Following the recent acquisition of The Blogger Agent by The Only Agency ("TOA") , a portfolio company of Presidio Investors , Qualia Legacy Advisors is pleased to formally announce its role as the excl