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Nidec Founder Nagamori Held Accountable for Accounting Irregularities by Third-Party Committee

A third-party committee investigating inappropriate accounting practices at electronics giant Nidec (formerly Nihon Dempa) found numerous irregularities across the group. While founder Shigenobu Nagamori did not instruct the fraud, the report concluded he was aware of and accepted some planned accounting irregularities, making him not immune from criticism.

3 Mar, 07:33 — 3 Mar, 07:33
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