NIDEC (NJDCY) Company Report

Faruqi & Faruqi, LLP is investigating Nidec Corporation (OTC: NJDCY) for potential claims following significant investor losses.
Nidec disclosed suspected improper accounting practices and received a disclaimer of opinion from its auditor, leading to a withdrawal of its year-end forecast and no surplus dividend.
The Tokyo Stock Exchange issued a Special Security alert for Nidec due to identified deficiencies in its internal control systems.
These events caused Nidec's stock price to fall significantly on multiple occasions, including a 16.5% drop on September 4, 2025, and a 25.4% drop on October 23, 2025.

3 days ago

Press Release

Nidec under investigation for accounting irregularities, stock declines

NJDCY

Legal Proceedings

Financial Restatement

Delisting/Listing Issues

Faruqi & Faruqi, LLP is investigating Nidec Corporation (NJDCY) for potential claims stemming from improper accounting practices and internal control deficiencies.
Nidec's stock price fell significantly on several occasions in September and October 2025, including a 16.5% drop on September 4, 2025, and a 25.4% drop on October 23, 2025, following disclosures of accounting issues and the withdrawal of its year-end forecast.
The company received a disclaimer of opinion from its auditor and was placed under a Special Security alert by the Tokyo Stock Exchange due to ongoing investigations into accounting irregularities and identified weaknesses in its internal management systems.

7 days ago

Press Release

Nidec Corporation Faces Shareholder Rights Investigation

NJDCY

Legal Proceedings

Financial Restatement

The Schall Law Firm is investigating claims on behalf of Nidec Corporation (NJDCY) investors for potential violations of securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements or failed to disclose pertinent information to investors.
This investigation was prompted by a CNBC article published on September 3, 2025, which reported a probe into allegations of improper accounting within Nidec's group.
Following this news, Nidec’s ADRs experienced a significant decline of 22.7% on the next day.

Nov 26, 2025, 3:00 PM

Press Release

Nidec faces investigation and stock decline amid accounting irregularities

NJDCY

Legal Proceedings

Financial Restatement

Delisting/Listing Issues

Faruqi & Faruqi, LLP is investigating Nidec Corporation (OTC: NJDCY) on behalf of investors who suffered significant losses following disclosures of suspected improper accounting practices.
On September 3, 2025, Nidec disclosed an investigation into suspected improper accounting, leading to a 16.5% stock price drop on September 4, 2025.
Further disclosures on September 26, 2025, included additional suspected inappropriate accounting and a disclaimer of opinion from its auditor, causing a 6.6% stock decline.
Nidec withdrew its year-end forecast and decided against paying a surplus dividend on October 23, 2025, due to ongoing investigations, resulting in a 25.4% stock price fall.
The Tokyo Stock Exchange designated Nidec under a Special Security alert on October 27, 2025, citing deficiencies in internal controls, which led to a 20.3% stock price drop.

Nov 21, 2025, 3:48 PM

Press Release

Nidec Faces Legal Investigation Amid Accounting Irregularities and Stock Declines

NJDCY

Legal Proceedings

Accounting Changes

Profit Warning

Faruqi & Faruqi, LLP is investigating Nidec Corporation (NJDCY) on behalf of investors who suffered significant losses.
The investigation stems from Nidec's disclosures of improper accounting practices, including under-declared customs values and a disclaimer of opinion from its auditor.
These disclosures led to substantial stock price declines, with drops of 16.5% on September 4, 2025, 6.6% on September 26, 2025, 25.4% on October 23, 2025, and 20.3% on October 27, 2025.
Nidec also withdrew its year-end forecast and decided against a surplus dividend, while the Tokyo Stock Exchange issued a Special Security alert due to internal control deficiencies.

Nov 20, 2025, 7:22 PM

Press Release

Nidec Corporation Faces Shareholder Fraud Investigation

NJDCY

Legal Proceedings

Financial Restatement

Accounting Changes

The Schall Law Firm is investigating claims on behalf of investors of Nidec Corporation (NJDCY) for violations of securities laws.
The investigation focuses on whether Nidec issued false and/or misleading statements or failed to disclose pertinent information to investors.
This investigation follows a CNBC article published on September 3, 2025, which reported that Nidec's shares plunged 22% after the company announced a probe into allegations of improper accounting in its group.
Nidec's ADRs fell by 22.7% the day after this news.

Nov 19, 2025, 2:40 PM

Press Release

Nidec Under Investigation for Improper Accounting; Stock Price Declines

NJDCY

Legal Proceedings

Financial Restatement

Delisting/Listing Issues

Faruqi & Faruqi, LLP is investigating potential claims against Nidec Corporation (NJDCY) due to disclosures of suspected improper accounting practices.
Nidec's stock price fell significantly on multiple dates in September and October 2025, including drops of 16.5% on September 4 and 25.4% on October 23, following these revelations.
The company established a third-party committee to investigate, received a disclaimer of opinion from its auditor, withdrew its year-end forecast, and decided against a surplus dividend.
On October 27, 2025, the Tokyo Stock Exchange issued a Special Security alert for Nidec, citing the need for improved internal management and control systems.

Nov 14, 2025, 2:36 PM

Press Release

Nidec Under Investigation for Accounting Irregularities, Withdraws Forecast

NJDCY

Legal Proceedings

Financial Restatement

Profit Warning

Faruqi & Faruqi, LLP is investigating Nidec Corporation (OTC: NJDCY) following disclosures of suspected improper accounting practices.
Nidec's stock price fell significantly on several occasions in September and October 2025, including a 16.5% drop on September 4, 2025, and a 25.4% drop on October 23, 2025, closing at $3.15 per share on October 27, 2025.
The company disclosed an ongoing investigation into improper accounting, received a disclaimer of opinion from its auditor, and subsequently withdrew its year-end forecast and decided not to pay a surplus dividend.
On October 27, 2025, the Tokyo Stock Exchange designated Nidec under a Special Security alert due to identified deficiencies in internal controls related to accounting and financial closing processes.

Nov 9, 2025, 2:04 PM

Press Release

Nidec announces commitment line agreement

NJDCY

Debt Issuance

Nidec Corporation has entered into a commitment line agreement with MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation for a total of 600 billion yen.
The agreement, executed on November 4, 2025, is intended to secure flexible and stable funding capacity and strengthen the company's financial foundation.
This unsecured and unguaranteed commitment line is valid for one year, from November 7, 2025 to November 6, 2026.

Nov 4, 2025, 6:40 AM

Press Release

Nidec Under Investigation for Accounting Irregularities and Faces Stock Exchange Alert

NJDCY

Legal Proceedings

Financial Restatement

Delisting/Listing Issues

Bragar Eagel & Squire, P.C. is investigating Nidec Corporation (NJDCY) for potential violations of federal securities laws and unlawful business practices.
The investigation stems from Nidec's disclosures starting September 3, 2025, regarding suspected improper accounting practices, including management involvement, which led to a 16.5% drop in its American Depositary Receipt (ADR) price.
Further disclosures on September 26, 2025, revealed additional inappropriate accounting practices and an auditor's disclaimer of opinion, causing another 6.6% decline in ADR price.
On October 23, 2025, Nidec withdrew its year-end forecast and canceled its surplus dividend due to ongoing investigations, resulting in a 25.4% fall in its ADR price.
The Tokyo Stock Exchange designated Nidec under a Special Security alert on October 27, 2025, citing deficiencies in the company's internal control systems, particularly in accounting and financial closing processes, which caused Nidec's ADR price to drop 20.3%.