Nidec Announces the Dividend Exceeding Distributable Amount Due to Correction of Past Financial Statements
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (the “Nidec,” “we” or the "Company") today submitted Annual Security Report for the fiscal year ended March 31, 2026, to the Kanto Local Finance Bureau, and retrospectively restated financial statements of prior fiscal years. The Company hereby announces that, as a result of these retrospective restatements, it was discovered that the total amount of dividends of surplus paid and share repurchase conducted in prior f