[Tokyo 11th Archyde.com]- Nidec shares plummeted. It fell to 8.9% at one point, renewing the lowest price since the beginning of the year. At the time of the previous closing, it ranked 8th in the rate of decline in the Tokyo Stock Exchange prime market.
A strategist at a domestic securities firm said that the market “seems to have become disgusted with the rise in US interest rates and the fall in US stock prices, as well as the reports of suspicions about share buybacks.” Toyo Keizai Online reported on the 7th.
Nidec issued a statement on the 11th, saying, “There were reports that there was a suspicion that the acquisition of treasury stock was being handled inappropriately, but it is absolutely not true.” “We are considering taking legal action against the news organization,” he said.