TOKYO, May 13 (Pulse News Wire) – NIDEC CORPORATION (6594.T) postponed its 53rd regular shareholders meeting scheduled for June 18 due to accounting irregularities discovered during an investigation initiated on September 3, 2025. The company found multiple instances of improper accounting practices across several group locations, leading to delays in financial reporting processes.
As a result, the company cannot provide the annual report, consolidated financial statements, and audit reports for the fiscal year ending March 31, 2026, at the upcoming meeting. Instead, NIDEC plans to hold a special shareholders meeting at a later date to address these issues.
The regular meeting will focus on amending the articles of incorporation, appointing directors, and adjusting director compensation. The company deeply regrets the inconvenience caused to shareholders and investors and apologizes for any concern raised by these developments.
🟡 Confidence: Standard AI-translated content.