Motor-device major Nidec held a press conference to announce the appointment of its new president and explain its financial results. The audit firm’s representative, who expressed no opinion, also attended.
At a press conference held from 4 p.m. on 1 October, the appointment of new President Kaida (戒田) was formally announced and the financial results were explained. A venue was arranged to explain the company’s future response after the impact of accounting irregularities was pointed out on 30 September, the previous day.
The representative of the audit firm who attended did not express an opinion, and the press conference proceeded with the report’s implications being acknowledged. Further details are expected to be reported in future coverage.