Nidec Reports Annual Loss Following $4 Billion Impairment

Key Facts

1Japan's Nidec reported an annual loss driven by a $4 billion impairment charge following an accounting scandal.

Japan's Nidec reported an annual loss driven by a $4 billion impairment charge following an accounting scandal. The Wall Street Journal reported that these results represent the first detailed financial fallout from the company's recent internal crisis and management overhaul.

Nidec stock (6594.T) closed at 2250 yen on September 29, 2026, with the session seeing a low of 2170 yen and a high of 2287 yen. The formal reporting of the loss confirms the severity of the situation, involving an impairment charge of approximately 600 billion yen.