On September 3, 2025, CNBC published an article entitled “Nidec shares plunge 22% as China unit probe finds accounting issues tied to management.” The article further stated that shares of Nidec fell “after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics components manufacturer’s shares.”
On this news, Nidec Corporation American Depositary Receipts (“ADRs”) fell 22.7% on September 4, 2025.