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July 25, 2026
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JUN SEKI
BUSINESS
Nov 27, 2022
The humiliating fall of Nidec billionaire¡¯s handpicked successor
The story of Jun Seki¡¯s time at the company is a cautionary tale of the risks of taking over from a self-made titan who finds it near-impossible to pass the reins.
BUSINESS
/
Companies
Sep 2, 2022
President of Japanese motor-maker Nidec resigns over weak earnings
Jun Seki, president and chief operating officer who once held the chief executive position, will resign to take responsibility for a deterioration in the company¡¯s earnings, the firm said.
BUSINESS
/
Companies
Aug 25, 2022
Nidec¡¯s COO to resign after being sidelined by founder Shigenobu Nagamori
The move underscores the Japanese company¡¯s struggles to put a succession plan for its aging founder in place.
BUSINESS
/
Companies
Apr 21, 2022
Nidec reappoints chairman Shigenobu Nagamori as CEO as it posts 17% fall in profit
Electric motor-maker Nidec Corp. posted a 17% drop in fourth quarter operating profit and announced a change in leadership Thursday.
BUSINESS
/
Companies
Jan 25, 2022
Nidec founder sours on CEO successor after less than a year
Chairman Shigenobu Nagamori says it was naive of him to bring in someone from outside and appoint that person as successor, sources say.
BUSINESS
/
Companies
Sep 14, 2021
Unhappy with profitability, Nidec founder pushes on targets
Nagamori recently told his senior managers that they need to do more to boost Nidec¡¯s business performance
BUSINESS
Apr 27, 2021
Billionaire founder of Nidec hands reins to ex-Nissan star
Shigenobu Nagamori is stepping down almost half a century after founding his pioneering motor maker on the family farm.
BUSINESS
/
Companies
Jan 26, 2021
Nidec to buy back shares as outlook improves and profit, sales top estimates
The manufacturer raised its operating income forecast for the current fiscal year to u00a5155 billion, up from u00a5140 billion and an average projection by analysts of u00a5149 billion.
BUSINESS
/
Companies
Jan 12, 2021
World¡¯s top maker of tiny motors has sights on Tesla as EVs gather pace
Although most who use its products don¡¯t know its name, Nidec¡¯s motors are used in about 85% of the world¡¯s hard drives and it controls almost half of the global market for brushless motors.
BUSINESS
/
Companies
Feb 3, 2020
Japan¡¯s Nidec betting on electric cars and acquisitions to triple sales: sources
Nidec Corp. plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, according to two people familiar with the matter.
BUSINESS
/
Companies
Oct 9, 2019
Nissan power struggle ends in uneasy compromise with three contenders taking top roles
The carmaker¡¯s directors tapped Makoto Uchida, head of its China joint venture, as CEO, to work alongside new COO Ashwani Gupta and Jun Seki, the new deputy COO.
BUSINESS
/
Companies
Feb 5, 2018
Nissan to pump ?1.05 trillion into China business, eyeing spot among country¡¯s top three carmakers
Long stuck in China¡¯s second-tier, Nissan and Dongfeng Group plan to boost their volume to 2.6 million vehicles a year by 2022.
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