KYOTO -- Kyoto-based motor maker Nidec's rapid expansion overseas through mergers and acquisitions stoked the accounting problems that have recently engulfed the company, its president told Nikkei on Tuesday.
Interview
Nidec cites rapid overseas growth as cause for accounting issues
President says company will retain auditor, work to restore trust
Nidec President Mitsuya Kishida speaks with Nikkei Asia in Kyoto on June 24, 2024. (File photo by Atsushi Oka)
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