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Nidec ( (JP:6594) ) just unveiled an announcement.
Nidec has announced that the disclosure of its financial results for the third quarter of the fiscal year ending March 31, 2026, will be delayed beyond the standard 45-day window following quarter-end, citing ongoing investigations into suspected improper accounting practices that could materially affect its consolidated financial statements. An independent third-party committee, established in line with Japanese bar association guidelines, and Nidec’s own internal probes are examining issues including the timing of asset write-downs and trade and customs matters; the company plans to finalize and release its figures only after these investigations and an auditor’s interim review are complete, with a new disclosure date to be announced once determined, underscoring heightened scrutiny over its financial reporting and internal controls for investors and other stakeholders.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2459.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
More about Nidec
Nidec Corporation is a Japan-based manufacturer best known for its electric motors and related components, supplying products for applications ranging from consumer electronics and appliances to automotive and industrial equipment, and is listed on the Tokyo Stock Exchange with an OTC listing in the U.S.
Average Trading Volume: 14,877,525
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen2695.3B
See more insights into 6594 stock on TipRanks’ Stock Analysis page.