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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 in Japanese motor maker Nidec fell as much as 20% in Tokyo trading after its auditor declined to give an opinion on the company's long-awaited financial statements. The refusal to sign off on the results has shaken investor confidence in one of Japan's best-known industrial groups, triggering a sharp sell-off in the stock.

Why now: The sudden and steep share price fall stems from an unusual auditor refusal to sign off on Nidec's delayed financial results, raising doubts about its 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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