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GgoogleJP first seen 6 h ago, last 5 h ago, peak #2

Nidec shares tumble after auditor withholds opinion

Original: nidec

Nidec stock fell sharply after its auditor issued a disclaimer of opinion, leaving investors uncertain about the company's financial outlook. Japanese market watchers say the accounting audit result clouds the outlook for the major motor maker, prompting heavy selling and putting the company's disclosure and governance practices under scrutiny.

Why now: The auditor's disclaimer of opinion has created uncertainty about Nidec's finances, driving a sharp share price fall.

NidecTokyo Stock Exchange

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Rank over time, top of the chart is #1. 6 snapshots from 6 h ago to 5 h ago.

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