Nidec CorporationTSE: 6594

Notice regarding dividend exceeding distributable amount due to correction of past financial statements

· Issued by Nidec Corporation via TDnet

Filed with TSE · · 1 page · English

Summary by 6ix AI

Nidec Corporation has issued a notice regarding a dividend that exceeded the distributable amount due to corrections in past financial statements. It was found that the total dividends and share repurchases in previous fiscal years surpassed the allowable distributable amount as per regulations. Nidec has apologized for any inconvenience caused to shareholders and stakeholders.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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