TOKYO -- Moody's said Friday that it had put Nidec's credit ratings on review for a possible downgrade in response to uncertainties surrounding the accuracy of accounting at the Japanese motor manufacturer.
Companies
Japan's Nidec braces for potential Moody's ratings downgrade
Suspected accounting irregularities push up risk premium on motor maker's bonds
Nidec is awaiting the results of a third-party probe into suspected accounting irregularities at a Chinese subsidiary. (Photo by Arisa Moriyama)
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