Nidec stock faces governance delay as shareholder date is canceled

Company: Nidec Corporation
ISIN: JP3734800000
Tokyo Stock Exchange code: 6594
Trading venue: Lang &amp; Schwarz
Price: 10.07 euros at 20:23 CET on November 13, 2026

Published on 11/13/2026 at 20:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nidec stock faces another delay as the company cancels its shareholder-meeting record date. Restatement work and the audit remain unfinished.

Governance timetable moves back

Nidec canceled the September 30 record date for an extraordinary shareholders' meeting.
Restated financial statements and the independent auditor's work remain unfinished.

Nidec, JP3734800000, Illustration mit AI erstellt.

Nidec said on Friday, November 13, 2026, that its board had canceled the September 30 record date for determining shareholders entitled to vote at an extraordinary general meeting. The company announced the decision in its Nidec release.

Audit work remains unfinished

Nidec said it had not completed its response to requests from the independent auditor. Restated reports for the fiscal year ended March 31, 2026, and related periods had not been submitted with an auditor's opinion.

The company also said that the financial statements and other documents for its 53rd fiscal year were not ready for the previously planned timetable. Nidec will reconsider the timing of the extraordinary general meeting and set a new record date once the schedule is decided.