-

Nidec Announces the Resignation and Change in Title of a Representative Director and Member of the Board of Director

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the resignation of a Representative Director and member of the Board of Director of the Company, and a change in his title, as described below.

1. Resignation of a Representative Director

Name

New title

Former title

Shigenobu Nagamori

Chairman Emeritus (non-fulltime)

Founder and Chairman of the Board

As of today, Mr. Shigenobu Nagamori, Founder and Chairman of the Board of the Company, has voluntarily resigned from the office of Founder and Chairman of the Board.

2. Successor to the office of the Chairman of the Board

Following Mr. Nagamori’s resignation, Mr. Mitsuya Kishida, Representative Director, President and Chief Executive Officer of the Company, will succeed the office of the Chairman of the Board.

3. Mr. Nagamori’s assumption of Chairman Emeritus

As of the day of his resignation, Mr. Nagamori will assume the office of Chairman Emeritus. Going forward, Mr. Nagamori will remain committed to the further improvement of the Nidec Group’s enduring value by, among others, passing down his long-nurtured spirit as the Company’s founder to future generations.

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Industry:

Nidec Corporation

TOKYO:6594
Release Versions
English

Contacts

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

More News From Nidec Corporation

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2025 through September 30, 2025. The highlights are as follows: Sales: increased by 8.5 billion yen compared to the previous year, due to sales increase in the Automotive products business and the Appliance, Commercial and Industrial products business, though sales in the Machine...

Nidec Announces Disclaimer of Conclusion in the Interim Review Report Concerning Financial Statements Summary for the Three Months Ended June 30, 2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (the “Company”) has received the interim review report containing a disclaimer of conclusion on the condensed quarterly consolidated financial statements in the Financial Statements Summary for the Three Months Ended June 30, 2025 Name of the audit corporation which was engaged in the audits PricewaterhouseCoopers Japan LLC Content of the interim review report concerning the condensed quarterly consolidated financial statements The content of the...

Nidec Announces Its Policy for Developing the Improvement Plan

KYOTO, Japan--(BUSINESS WIRE)--As explained in the press release dated October 28, 2025, “Notice Regarding Designation of Security on Special Alert by Tokyo Stock Exchange,” the shares of Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”) were designated as Security on Special Alert, effective as of October 28, 2025, by Tokyo Stock Exchange, Inc., which deemed our internal management system, etc. to be in high need of improvement. Based on this decision, Tokyo Stock Exchange...
Back to Newsroom