Nidec Corp. founder Shigenobu Nagamori once stood alongside his friends SoftBank Group Corp.’s Masayoshi Son and Fast Retailing Co.’s Tadashi Yanai, representing a new breed of Japanese entrepreneurs: Brash, ambitious and scathing in their condemnation of establishment, they called themselves “the three big-talking brothers.” Now, Nidec has flagged a series of suspected cases of improper accounting that risk tarnishing the 81-year-old Nagamori’s legacy and the company he founded, while Son and Yanai’s wealth and global prominence have grown.
Source: Nidec Accounting Scandal Threatens Legacy of Founder Nagamori in Japan – Bloomberg