Nidec considering sale of electronic components subsidiary Nidec Components to a US investment fund; huge loss expected to be recorded in financial results announced today, the 30th

The story

Nidec, whose president changed yesterday, is reportedly considering selling its electronics components subsidiary Nidec Components.

Nidec has faced allegations of inappropriate conduct concerning its financial reporting. President Kishida Mitsuya (岸田光哉) resigned, and Executive Vice President Kaida Rio (戒田理夫) became the new president.

Against this backdrop, Nidec is reportedly considering selling Nidec Components to U.S. investment fund Carlyle. The postponed financial results announcement is scheduled for today, the 30th, and a large loss is expected to be recognized.

At a glance

CounterpartyConsideration of a sale to U.S. investment fund Carlyle

CompanyConsideration of a sale of Nidec Components, a subsidiary of Nidec

DateA large loss is expected to be recognized in the financial results announcement on the 30th

NatureThe company is considering a sale

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