Nidec scandal sends bonds to bottom in test for new CEO

🇯🇵 The Japan Times (JP) —

AI Summary

A scandal at Japanese precision motor manufacturer Nidec has put pressure on its bonds as investors assess the company's situation and new leadership. Its yen bond due in mid-2032 fell to ¥77.7, the lowest price among more than 3,000 local corporate notes.

The precision motor manufacturer's yen bond due in mid-2032 has slumped to ¥77.7, the lowest among more than 3,000 local corporate notes.

Markets Nidec corporate bonds Japan bond prices leadership change corporate scandal

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