NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Opens Probe into Nidec Corporation for Accounting‑Related Concerns

Faruqi & Faruqi, LLP, a U.S.-based national securities law firm, has announced that it is investigating potential claims on behalf of investors of Nidec Corporation (OTC: NJDCY) following recent disclosures of suspected improper accounting practices. According to the firm, on September 3, 2025, Nidec revealed the formation of a third‑party committee to probe allegations that the company and its subsidiaries may have engaged in improper accounting — potentially with management awareness or involvement. The stock plunged 16.5% the next day, closing at US$4.11 per share, ostensibly harming investors. Nidec’s troubles deepened. On September 26, the company disclosed further findings, including questionable customs‑value declarations and the receipt of an auditor’s “disclaimer of opinion,” signaling that the auditor could not certify the financial statements due to ongoing investigations. Then on October 23, Nidec withdrew its year‑end earnings forecast and cancelled a surplus dividend, citing continuing internal investigations — triggering another steep 25.4% drop to US$3.43 per share. Finally, on October 27, the Tokyo Stock Exchange (TSE) placed Nidec under a “Special Security Alert,” pointing to major deficiencies in internal controls, especially around accounting and financial‑closing procedures. The stock fell again, by roughly 20.3%, closing at US$3.15 per share. Faruqi & Faruqi’s senior partner, James (Josh) Wilson, is calling on any investors who suffered significant losses in Nidec stock or options to contact the firm to discuss possible legal actions. #Nidec #AccountingScandal #InvestorAlert #FaruqiAndFaruqi #SlimScan #GrowthStocks #CANSLIM