6594.T Stock Today: January 29 Nidec Submits Governance Plan, Delisting Risk
Nidec stock is in focus after the company submitted an internal controls improvement plan to the Tokyo Stock Exchange. Shares of 6594.T last traded at ¥2,244, down 0.7% for the day, with a range of ¥2,222 to ¥2,299. Nidec said founder Shigenobu Nagamori will not be involved in management and outlined governance fixes. With Special Attention status in place and a remediation timeline through October, investors face higher volatility and a non-zero delisting risk in the near term.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →