Oasis Urges Nidec to Explore Privatization on Delisting Risk
Oasis Management Co. is stepping up pressure on Nidec Corp., urging the embattled Japanese manufacturer to explore privatization options to protect shareholder interests.
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Oasis Management Co. is stepping up pressure on Nidec Corp., urging the embattled Japanese manufacturer to explore privatization options to protect shareholder interests.
Nidec Corp.โs bond spreads widened amid investor concerns about growing credit risks with the companyโs auditor withholding its opinion on its financial statements.
Kyoto, Sept. 28 (Jiji Press)--Nidec Corp. is considering a shake-up of its executive team, including its president, Mitsuya Kishida, in the wake of accounting and quality scandals at the major Japanese motor manufacturer, company sources said Monday. The Kyoto-based company is also mulling booking an impairment loss of at least hundreds of billions of yen mainly for fiscal 2025, which ended ...