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Nidec Shares Plunge After Auditor Withholds Opinion on Earnings

Key Points

Nidec Corp. shares dropped as much as 20% in Tokyo after the Japanese motor maker’s auditor declined to give an opinion on its long-awaited full-year results, fueling caution over the scandal-hit company.

Nidec Corp. shares dropped as much as 20% in Tokyo after the Japanese motor maker’s auditor declined to give an opinion on its long-awaited full-year results, fueling caution over the scandal-hit company.
Nidec Shares Plunge (ORG) Auditor Withholds Opinion (ORG) Nidec Corp. (ORG) Tokyo (LOCATION) Japanese (ORG)
Originally published by Bloomberg Technology Read original →