Japanese Motor Maker Nidec Looks to Restore Trust Amid Accusations of Improper Accounting

2018-07-25T100858Z_1099588689_RC1FF840F440_RTRMADP_3_NIDEC-RESULTS
Nidec Corp., a major Japanese motor maker, announced Tuesday that it set up a restructuring committee on Oct. 30 headed by the company’s president and CEO, Mitsuya Kishida. Nidec has been warned by the Tokyo Stock Exchange over improper accounting practices and is working to strengthen its internal ...

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