Nidec's Nagamori Resigns as Honorary Chairman: 'I Will Completely Step Down in Name and Reality'
Shigenobu Nagamori, the founder of Nidec, has resigned from his position as honorary chairman amid ongoing concerns of improper accounting at the company.
Taxation of land under building construction as 'farmland' deemed 'illegal' by appeals court
An appeals court ruled that a city illegally taxed land used for a building as farmland, affirming that the taxation did not reflect the land's actual usage.
Nidec TOB Insider: New Arrest in Tokyo District Prosecutor's Special Investigation Department
A new arrest has been made in connection with insider trading related to Nidec's tender offer, with the Tokyo District Prosecutor's Special Investigation Department apprehending a suspect for violating financial laws.
Arrest of former Mitsuda Securities directors for insider trading related to Nidec's TOB
Three former directors of Mitsuda Securities have been arrested for suspected insider trading concerning Nidec's upcoming takeover bid, with significant stock purchases made prior to public announcement.
Nidec's TOB Insiders Arrested, Including Former Director of Securities Company
Former directors of a securities company have been arrested for insider trading linked to Nidec's public tender offer for Makino Milling Machine Company.