TOKYO, Mar 13 (Pulse News Wire) – NIDEC CORPORATION (6594.T) announced today that its board of directors and audit committee decided to establish an executive responsibility investigation committee. This decision follows the release of a third-party committee's report on accounting irregularities on March 3, 2026.
The newly formed committee, composed of external experts without conflicts of interest, will investigate whether past and present executives, auditors, and senior officers failed in their duties during the period from fiscal 2020 through the first quarter of fiscal 2025. The committee will examine legal liabilities associated with these individuals' actions. Based on the findings and recommendations of the investigation committee, NIDEC plans to determine whether to pursue legal action such as compensation claims against those found responsible.
The committee includes three members: attorney Shigeru Kikuchi from Ogi Law Office, attorney Haruka Matsuyama from Hibiya Park Law Office, and Professor Kenichi Akiba, a certified public accountant from Waseda University’s Graduate School of Commerce and Management. All members lack any conflict of interest with the subjects of the investigation. This move comes amid ongoing scrutiny of accounting issues within the Nidec Group, aiming to ensure fair and just judgments based on thorough investigations and recommendations.
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