Nidec Announces the Receipt of a Request by a Shareholder to File an Action

We hereby announce that on March 27, 2026, we received a written request from an individual shareholder of the Company requesting an action be brought to pursue liability and other remedies pursuant to Article 847, Paragraph 1 of the Companies Act (hereinafter referred to as the “Request for Filing an Action”).

In the Request for Filing an Action, the individual shareholder requests that the Company file an action pursuing liability and other remedies against current and former directors, alleging instances of improper accounting and other matters.

As announced in the “Notice Regarding the Establishment of the Executive Responsibility Investigation Committee” dated March 13, 2026, the Company has established the Executive Responsibility Investigation Committee to examine whether current and former directors, auditors, and executive officers bear legal liability in connection with the instances of improper accounting, including whether they breached their duties in the execution of their responsibilities. Based on the report and recommendations of the Executive Responsibility Investigation Committee, we intend to determine whether to pursue claims for damages or other legal remedies and will promptly disclose our determination once it is made.

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  200.13
+0.79 (0.40%)
AAPL  246.06
-2.74 (-1.10%)
AMD  193.47
-8.52 (-4.22%)
BAC  47.03
+0.06 (0.13%)
GOOG  271.94
-1.82 (-0.67%)
META  534.95
+9.23 (1.76%)
MSFT  356.68
-0.09 (-0.03%)
NVDA  164.59
-2.93 (-1.75%)
ORCL  137.64
-2.02 (-1.45%)
TSLA  352.88
-8.95 (-2.47%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.