Motor manufacturer Nidec, mired in an accounting scandal, said Wednesday that it will miss its target of obtaining an audit firm’s “unqualified opinion” on its fiscal 2025 securities report by the end of this month.

Nidec is unable to complete procedures sought by audit firm PwC Japan Group, including confirming whether its executives or employees were involved in irregularities.

The company plans to submit an internal control-related document to the Tokyo Stock Exchange on Friday, despite the lack of an unqualified opinion for its securities report for the year that ended in March. An unqualified opinion is given when corporate financial statements are produced appropriately based on accounting standards.

Based on the internal control document, the TSE will decide whether to keep Nidec listed on the exchange or delist it. The process for making the decision is expected to take several months.

In September 2025, Nidec said it had found evidence of systemic accounting problems .…