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Tag - shigenobu-nagamori
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July 24, 2026
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SHIGENOBU NAGAMORI
BUSINESS
/
Companies
Jun 18, 2026
Nidec investors vent frustrations over scandal at annual meeting
CEO Mitsuya Kishida faced a barrage of questions about Nidec¡¯s survival as well as deep skepticism about his plan to turn the business around.
BUSINESS
/
Companies
Dec 27, 2024
Japan¡¯s Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid
Nidec said Makino¡¯s board had not agreed to the ?11,000 per share offer, a 42% premium to Thursday¡¯s closing share price, as it had not proposed the bid before announcing it.
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.
COMMENTARY
/
Japan
Apr 29, 2022
Japan¡¯s aging billionaires think they are indispensable. That¡¯s a problem.
Japan¡¯s aging and hard-working corporate founders don¡¯t know when to walk away.
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
Sep 10, 2018
Under visionary Shigenobu Nagamori, precision motor-maker Nidec sees EVs driving future profits
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.
COMMENTARY
/
Japan
Sep 7, 2018
Are robots all hype? Nidec may have the answer
Motor maker Nidec, a bellwether for manufacturing trends, has been investing heavily in automation.
BUSINESS
/
Companies
Aug 3, 2016
Precision motor-maker Nidec to expand outside Japan with $1.2 billion purchase of Emerson Electric businesses
Precision motor-maker Nidec Corp. has agreed to pay $1.2 billion (about ?120 billion) for the motors, drives and electric power generation business of Emerson Electric Co., adding customers in Europe and North America in its largest purchase ever.
BUSINESS
/
Companies
Jul 17, 2015
Ambition and ego: Inside Nagamori¡¯s Nidec
Ambition matters more than brains in Shigenobu Nagamori¡¯s world. As chief executive officer of Japanese motor maker Nidec, Nagamori is known for his eccentric management style.
BUSINESS
/
Companies
May 29, 2015
Nidec¡¯s 70-year-old CEO plans to run company 15 more years
Shigenobu Nagamori plans to lead Nidec Corp. until he hits his latest financial target, a 10-fold increase in revenue he expects by 2030. He¡¯ll be 85 then.
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