At a press conference marking the appointment of NIDEC’s new president, Masao Kaida (戒田理夫), the company outlined a policy of improving its business structure by selecting and concentrating on its businesses. At the same time, the audit resulted in a disclaimer of opinion for the 2nd consecutive fiscal year. An audit firm executive said the firm intended to continue efforts to express an opinion by the deadline at the end of this month.
NIDEC announced its financial results for the fiscal year ended March 2026, which included its largest loss on record. Masao Kaida (戒田理夫) took office as president and said at his inauguration press conference that the company would seek to improve its business structure by selecting and concentrating on its businesses.
The audit firm issued a disclaimer of opinion on NIDEC’s securities report for the 2nd consecutive fiscal year. In light of this situation, NIDEC is expected to remain under pressure to maintain its listing on the Tokyo Stock Exchange. An audit firm executive who attended the press conference said the firm would continue efforts to express an opinion by the deadline at the end of this month.