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Mmastodon BusinessMarkets first seen 12 h ago, last 35 min ago, peak #6

Nidec Slides to Bottom of Yen Debt Market After Scandal

Original: Scandal-tainted Nidec has fallen to the bottom rank of the yen debt market by one measure, leaving its new CEO with a ch

Nidec, the Japanese motor maker, has fallen to the bottom rank of the yen debt market by one measure, according to a report citing the company's recent scandals. The slide leaves the company's new chief executive with the task of rebuilding investor confidence and repairing Nidec's standing with bondholders. Observers are watching how the new leadership addresses governance concerns.

Why now: Nidec's scandals and its weakened position in the yen bond market are putting its new CEO's turnaround efforts in the spotlight.

NidecJapan

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Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 35 min ago.

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