Mmastodon BusinessMarkets first seen 4 h ago, last 7 min ago, peak #3

Nidec shares plunge 20% after auditor withholds opinion

Original: Nidec shares have plummeted as much as 20% in Tokyo after the Japanese motor maker's auditor declined to give an opinion

Shares in Japanese motor maker Nidec fell as much as 20% in Tokyo after its auditor declined to give an opinion on the company's long-awaited financial statements. The refusal to certify the accounts has rattled investors, deepening concerns about the reliability of Nidec's financial reporting and triggering a sharp sell-off in the stock.

Why now: The sudden 20% share collapse after an auditor refused to sign off on Nidec's financial statements is a major red flag for investors.

NidecTokyo Stock ExchangeJapan Times

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Evidence

• Nidec shares have plummeted as much as 20% in Tokyo after the Japanese motor maker's auditor declined to give an opinion on its long-awaited financial statements. https://www. japantimes.co.jp/business/2026 /10/01/markets/nidec-shares-sink/?utm_medium=Social&utm_source=mastodon… · thejapantimes · 2

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