Nidec to Sue Former Executives Over Accounting Issues
Japanese motor maker Nidec plans to sue founder Shigenobu Nagamori and eight former executives for damages. The lawsuit follows accounting irregularities that threaten its stock listing.
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Nidec decided on Tuesday to sue founder Shigenobu Nagamori and eight former executives for damages over accounting irregularities, with compensation still under review. The Tokyo Stock Exchange placed Japan's electric motor maker on special alert in October 2025 over internal control concerns. The legal action threatens the company's stock market listing following an external probe into the lapses.
