Nidec confirms ‘suspected improper conduct’ over quality irregularities
1 min read

Nidec confirms ‘suspected improper conduct’ over quality irregularities

Companies

Company establishes third-party investigation committee as its stock price falls to daily limit

Nidec’s stock price fell by the daily limit on Wednesday after it confirmed “suspected improper conduct” related to quality tampering.  (Photo by Kosaku Mimura)

Nikkei staff writers

TOKYO — Japan’s Nidec announced on Wednesday that the company has identified “suspected improper conduct” related to quality tampering, saying it has established an investigation committee composed of external experts.

Leave a Reply

Your email address will not be published. Required fields are marked *