Nidec reports JPY632.1bn loss from accounting irregularities, auditor withholds opinion

Japanese motor and electronics maker Nidec said its delayed consolidated report for fiscal 2025 showed JPY632.1 billion (US$3.99 billion) in losses from accounting irregularities. The auditor withheld its opinion on the financial statements.

• Losses from accounting irregularities reached JPY632.1 billion (US$3.99 billion)
• The consolidated report for FY2025 (April 2025–March 2026) was long delayed
• The auditor withheld its opinion on the financial statements