The Japan Times
AsiaPac · 2 hrs ago
✦ 78◉ Centre
Nidec shares tumble after product quality issues compound bookkeeping scandal
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Accuracy 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Nidec, the world's largest precision motor manufacturer based in Kyoto, has seen its share price decline following disclosure of product quality issues involving unauthorised changes to materials, processes, and designs, which compounds an earlier bookkeeping scandal.
Nidec shares tumble after product quality issues compound bookkeeping scandal
The Kyoto-based world's largest maker of precision motors said the issues involved changes made to materials, processes and designs without approval.
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