KYOTO ¨C Since starting Nidec in 1973 in a tiny Kyoto shed with just three workers, Shigenobu Nagamori has built it into the world¡¯s top maker of precision motors and became one of Japan¡¯s most venerated business leaders.
Nagamori guided Nidec past Nissan and Panasonic in market value, and helped place its products in everything from cars to smartphones. But the 74-year-old now faces what may be his hardest task: passing on the reins.
Analysts say it will be particularly tough at Nidec, where employees and investors are enthralled by Nagamori¡¯s vision, outsized personality and brash confidence.
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