Report
Nidec pledges to sell low-profit units and invest in AI, chip and energy businesses
The Japan Times reports the plan seeks to restore investor trust after an accounting scandal and stave off delisting or a hostile buyout.
TLDR
The Japan Times reports Nidec pledged to sell low-profit units and invest in businesses serving the AI, chip and energy sectors as it seeks to restore investor trust after an accounting scandal. It says Nidec hopes the new plan under fresh leadership will stave off delisting or a hostile buyout.
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