Notice regarding dividend exceeding distributable amount due to correction of past financial statements
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
In the deck
Story so far
- Nidec Announces the Postponement of Disclosure of the Financial Results for the Fiscal Year Ended March 31, 2026
- Nidec Announces Disclosure of the Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2026, Exceeding 45 Days After the Quarter-End
- Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2025
Earlier from Nidec
- Press Release Regarding A Certain Media Report
- The Resignation of Representative Director, President & CEO, and Appointment of New President & CEO and Other Officers
- Notice Regarding Organizational and Personnel Changes
- Notice Regarding Setting of Record Date for Convening an Extraordinary General Meeting of Shareholders
- Nidec Announces Receipt of Notification of Litigation on Derivative Action
Later from Nidec
- Notice Regarding Recording of Extraordinary Losses and Gains in Non-Consolidated Financial Results
- Nidec Announces the Dividend Exceeding Distributable Amount Due to Correction of Past Financial Statements
- Nidec Announces the Record of Impairment Losses on Non-Financial Assets, Provisions for Loss of Contract, Liabilities Related to the Settlement of Claims From Suppliers and Special Investigation and Related Expenses
- Nidec Announces Completion of Submission of the Securities Report for the Fiscal Year Ended March 31, 2026 (53rd Fiscal Year)
- Nidec Corporation to Transfer (Its Shares in) a Subsidiary
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