Nidec Corporation 6594

Nidec Corporation has seen its share price under heavy pressure in recent years, and the sharp moves now raise a direct question about whether the current market value lines up with the cash the business is expected to generate. With fresh disclosures about losses, impairments and past accounting treatment still in investors' minds, the focus has shifted squarely to what the numbers say about intrinsic value. Over the past 5 years, Nidec's share price has fallen 62%, which puts the spotlight...

Investing.com-- Nidec Corp (TYO:6594) shares slumped on Thursday, extending this week’s losses after the company’s accounting firm declined to vouch for the accuracy of its long-delayed annual report.