Nidec Announces the Disclosure of the Revised Improvement Plan and the Status Report

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

KYOTO, Japan--(BUSINESS WIRE)-- As announced in the “Notice Regarding Disclosure of the Improvement Plan and the Status Report” dated January 28, 2026, the Company published its Improvement Plan and Status Report (hereinafter referred to as the “improvement plan”) for the purpose of fundamentally improving the internal management system, etc. in preparation for the lifting of the special-alert designation previously assigned to the Company’s stock by the Tokyo Stock Exchange, Inc. (hereinafter the “Tokyo Stock Exchange”). The improvement plan was submitted to the Tokyo Stock Exchange on January 28, 2026.

Since then, the Company has been working on the development and operation of corrective measures in accordance with the improvement plan. On February 27 and April 17, 2026, the Company received the investigation report from the third-party committee (hereinafter collectively referred to as “third-party committee’s investigation report”) and, based on the third-party committee’s investigation report and other internal investigation results, we have re-examined and reviewed the improvement plan. We hereby inform you that we have prepared a revised improvement plan that reflects these contents and the status of corrective measures taken up to today and have submitted it to Tokyo Stock Exchange. Moreover, major revisions to the improvement plan dated January 28, 2026 are summarized in the appendix.

The Company will implement the improvement of internal management system development and the reform of governance and organizational culture and continuously monitor the status of implementation. Our executives and employees will work together to implement this revised improvement plan. We will continue to share important updates as they occur, and we appreciate your continued support.

Full version of this press release:
https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0427-01/260427-01en.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20260427659755/en/

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Source: Nidec Corporation