-

Nidec Selects Five Persons to Serve as Executive Vice Presidents

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today it has passed a resolution in an extraordinary meeting of the Board of Directors held on March 10, 2023 on five persons to be appointed to serve as the Company’s Executive Vice Presidents from April 1, 2023. They were selected based on the Company’s selection policy and criteria deliberated by the Nomination Committee. The Company will appoint one of these five Executive Vice Presidents as President effective in April 2024.

New Five Executive Vice Presidents (as of April 1, 2023) *In the order of joining the Nidec Group

No.

Name

New post as of April 01, 2023

Current post

1

Toshiyuki Otsuka

Executive Vice President
Representative Director and President, Nidec Instruments Corporation

Representative Director and President, Nidec Sankyo Corporation

2

Tatsuya Nishimoto

Executive Vice President
Executive General Manager of Nidec Machinery and Automation Business Unit
Representative Director and President, Nidec Drive Technology Corporation

Representative Director and President,

Nidec-Shimpo Corporation

3

Yoshihisa Kitao

Executive Vice President
Executive General Manager of Group Companies Business Unit

In charge of managing Small Platform Motor & Solutions Business Unit

First Senior Vice President
Executive General Manager of Group Companies Business Unit

4

Toshihiko Koseki

Executive Vice President
CTO, in charge of managing Nidec Product Technology R&D Center, Nidec Center for Production Technology R&D, Nidec System Manufacturing Engineering Center

First Senior Vice President
CTO, in charge of managing Nidec Center for Industrial Science and Technology, Global Production Engineering Division

5

Mitsuya Kishida

Executive Vice President
Executive General Manager of Automotive Motor & Electronic Control Business Unit

First Senior Vice President
Executive General Manager of Automotive Motor & Electronic Control Business Unit
CEO in Europe of Automotive Motor & Electronic Control Business Unit
In charge of supervising Business in USA & Europe of Automotive Motor & Electronic Control Business Unit

More detailed information is available at:
https://www.nidec.com/-/media/www-nidec-com/corporate/news/2023/0313-01/230313-01e.pdf

###

Contacts

Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Industry:

Nidec Corporation

TOKYO:6594
Release Versions
English

Contacts

Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

More News From Nidec Corporation

Nidec Announces the Disclosure of the Third-Party Committee’s Investigation Report and Our Company’s Response

KYOTO, Japan--(BUSINESS WIRE)--As announced in our “Notice Regarding Receipt of the Third-Party Committee’s Investigation Report” dated February 27, 2026, we received the Third-Party Committee’s Investigation Report on February 27, 2026. Today, having completed our review of the necessary partial non-disclosure procedures to protect the trade secrets of Nidec Group and our business partners as well as personal privacy and other confidential information, we hereby disclose the Third-Party Commit...

Nidec Announces the Determination of No Year-End Dividend

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that, at the meeting of the Board of Directors held on March 3, 2026, the Board resolved not to pay a dividend from surplus (year-end dividend) with a record date of March 31, 2026. We sincerely apologize for any inconvenience and concern this may cause to our shareholders, investors and other stakeholders. (1) Details of Dividend   Amount Resolved Latest Dividend Forecast (Announced o...

Nidec Announces Establishment of “Culture Transformation Lab”

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec,” the “Company,” or “we”) today announced the launch of the Culture Transformation Lab (the “Lab”), a new organization dedicated to the Company’s fundamental cultural transformation, effective February 01, 2026. 1. Background and Our Vision for Transformation Within the Nidec Corporate Reform Committee, which was established to formulate and execute improvement measures at an early stage to prevent recurrence,...
Back to Newsroom