A notification that a lawsuit had been filed with the Kyoto District Court was conveyed, revealing a shareholder derivative suit seeking approximately ¥28.7 billion in damages from founder Nagamori Shigenobu (永守 重信) and others.
It was reported that notification of a lawsuit had been received from the Kyoto District Court, and that individual shareholders had sued founder Nagamori Shigenobu (永守 重信) and others.
The amount claimed in the lawsuit is approximately ¥28.7 billion, with damages being sought.
The company involved is Nidec, a major motor manufacturer, and further details of the lawsuit are awaited.