Ongoing Investigation into Nidec Corporation (NJDCY): Contact Levi & Korsinsky About Potential Fraud

New York, New York--(Newsfile Corp. - October 29, 2025) - Levi & Korsinsky notifies investors that it has commenced an investigation of Nidec Corporation ("Nidec Corporation") (OTC: NJDCY) concerning possible violations of federal securities laws.

Nidec published a press release on October 23, 2025, announcing that it was withdrawing its year end forecast, and had decided not to pay a surplus dividend as "investigations by the Third Party Committee regarding suspected inappropriate accounting practices involving the Company and its group, as well as other internal investigations, are ongoing."

Then, on October 27, 2025, the Tokyo Stock Exchange ("TSE") designated Nidec under a Special Security alert in part because "TSE deems that the improvement of the internal management system of said listed company is highly necessary." The alert noted that "[s]ince the initial issue was discovered, the scope of the investigation has continued to expand" and that "deficiencies have already been identified in the Company's company-wide internal control systems (particularly in areas related to information and communication), as well as in the internal controls related to its accounting and financial closing processes."

Following this news, Nidec's stock price fell over 20% on October 27, 2025. To obtain additional information, go to:

https://zlk.com/pslra-1/nidec-corporation-lawsuit-submission-form?prid=174590&wire=5&utm_campaign=36

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272460