Japan to put responsibility for preventing accounting fraud on top executives

MarketsPlanned disclosure change aims to curb scandals seen at Nidec, KDDI and elsewhereJapan's Financial Services Agency looks to take action after a recent string of accounting fraud cases. (Photo by Nikkei)YUKI NAKAMURAAugust 29, 2026 00:08 JSTTOKYO -- Japan's Financial Services Agency will require top executives at listed companies to declare that they personally ensured their securities reports are prepared properly, clarifying responsibility in a bid to prevent misconduct like Nidec's recent accounting scandal.