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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 of Japanese motor maker Nidec fell as much as 20% in Tokyo trading after the company's auditor declined to give an opinion on its long-awaited financial statements. The move leaves investors without a standard assurance on the accounts, deepening concern over the company's financial reporting and triggering a sharp sell-off in the stock.

Why now: The auditor's refusal to opine on Nidec's financial statements has shaken investor confidence in the company's accounting.

NidecTokyo Stock ExchangeJapan

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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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