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  "documentTitle": "Nidec Corp. (6594 JP)",
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  "authorName": "Carson C. Block",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2016-12-13 00:00:00",
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  "notes": "The slide uses a historical corporate presentation as a primary source to expose misleading management commentary.",
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      "text": "In January 2012, Mr. Nagamori described the acquisition as though it had been successful... Based on the above results, we believe this response was misleading.",
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      "text": "ANA IMEP S.A.: This FY 2016 acquisition has a particularly dodgy background... Its sales have declined 29.8% from RON 90.6 million in CY 2010 to RON 63.6 million in CY 2015.",
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      "text": "…things are functioning quite well [at Sole]. And also because common development work was being carried out, then we are now having very good synergies being generated. — Mr. Nagamori (January 2012)",
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      "text": "M&A - Back on Growth Path -",
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