In brief

• A Nidec board committee report said improper expenses were deferred and earnings were misstated under pressure from founder Shigenobu Nagamori.

• The report described a ¥240 billion operating-profit target and resistance to impairment charges that would lower reported profit.

• Nidec faces audit uncertainty, delisting risk and ¥27.6 billion of investigation, auditor and penalty costs.

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