Nidec Stock: Accounting Irregularities And Weaker EV Profits Decimate The Investment Case

There were already some concerns growing around Nidec ( NJDCY ) ( NNDNF ) (6594.T) over the last year or two, with analysts and investors questioning the profitability (and long-term margin potential) of the EV motor and inverter businesses, theAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving c ...