In the late 2010s, a former employee of Nidec received a call from a logistics company about a 40-foot container addressed to him, which he had no knowledge of. After contacting the company's overseas sales division in Japan, he was told to let it be returned to its country of origin. This incident highlights the beginning of a series of fraudulent practices within Nidec, a prominent global motor manufacturer, where accounting irregularities were allegedly prevalent. The founder, Shigenobu Nagamori, known for his expertise in acquisitions, is scrutinized as testimonies and investigations uncover these issues.

Approximately six months later, a second container arrived, leading to frustration from the former employee who was informed by a company representative that they were exporting parts that had lost orders to temporarily boost sales. The former employee noted that the pressure from the founder, Nagamori, regarding performance targets was immense, citing that headquarters meetings aimed at achieving these targets occurred four times a day. This extensive pressure catalyzed multiple accounting irregularities, including double counting of inventory, which were uncovered by an internal investigation initiated in 2020 but not disclosed externally until recently.

On the third day of the announcement, Nidec revealed further details regarding these fraudulent practices. The improper reporting and the extensive measures taken by the company to meet performance expectations raise concerns about corporate ethics within Nidec and the lengths to which employers might go under tremendous pressure. This situation not only affects the internal morale of the company but also poses serious reputational risks in the eyes of clients and stakeholders as the company grapples with the fallout from these revelations.