Japan's Nidec likely to miss month-end deadline on audit, Nikkei says

What happened

Japan's Nidec is unlikely to obtain an auditor's opinion on its securities report by month-end after PwC Japan flagged a possible audit delay, Nikkei said. Nidec plans to submit internal control documents to the Tokyo Stock Exchange without that opinion.

Confirmed

Global impact / market context

A missing auditor opinion raises the risk that Nidec's stock listing could be reviewed or revoked, which would change how easily investors can buy and sell the shares. It also follows Nidec's lawsuit against its founder over suspected accounting irregularities.

Analyst inference

The Tokyo Stock Exchange placed Nidec on special alert in October 2025 and gave it one year to fix internal controls or risk delisting. The stock fell as much as 7.7% before rebounding 1%, while the benchmark index was flat.

Analyst inference

What to watch

1. Nidec will submit internal control documents to the Tokyo Stock Exchange by the deadline without PwC Japan's auditor opinion, seeking an early review on keeping its listing. Confirmed
2. Watch whether the exchange accepts Nidec's documents without an auditor opinion, because that decision shapes how soon the delisting risk is resolved for shareholders. Analyst inference
3. Track whether the missing auditor opinion delays Nidec's securities report, which could raise borrowing costs and limit access to cash available for capital spending if lenders reprice risk. Analyst inference

Evidence

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