Photo by Wikimedia Commons — Wikimedia Commons
Politics
Nidec Warns of $1.6 Billion in Charges From Accounting Scandal
📅3 March 2026 at 07:32
📰Bloomberg
👁️0 views
Share:
📰
Article Preview
Nidec Corp. said it may book up to ¥250 billion ($1.6 billion) in impairment charges as the world’s largest manufacturer of precision motors looks to tally the cost of an accounting scandal that’s seen its founder effectively cut ties with the company.
🎧
Listen to Preview
Audio version available
🔇
Audio Reader
Not supported in this browser
Want the full story?
Click below to load the complete article with full details, analysis, and context.
Share this story
Share:
Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
Comments
Loading comments...
Related Stories
Stay Updated
Get the latest Nigerian news delivered to your inbox.