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Nidec impairment loss far exceeds estimates as auditor withholds opinion

Jenchieh Chiang, Taipei
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Credit: AFP

Japanese motor and electronic components maker Nidec said on September 30 that its long-delayed consolidated financial report for fiscal year 2025 (from April 2025 to March 2026) showed losses from accounting irregularities of JPY632.1 billion (US$3.99...

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