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Nidec founder faces ¥28.7 billion shareholder derivative lawsuit

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  • Shareholder files a Kyoto court lawsuit against Shigenobu Nagamori and Hiroshi Kobe.
  • ¥28.7 billion is sought over allegedly excessive dividends and share buybacks.
  • Nidec received the litigation notice on the 9th and announced it on the 10th.
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