The Japan News by The Yomiuri Shimbun
Nidec chair: ‘Biggest mistake in 50 years of management’
Nidec Corp. Chairman and CEO Shigenobu Nagamori commented on the confusion surrounding his search for an outside person to name as his successor, saying, “at was the biggest mistake I have made in 50 years of management.”
He added, “is has delayed our growth.”
At an online brie ng on the major electronic components manufacturer’s
nancial results on Monday, Nagamori said that the company plans to assign
ve vice presidents by next April and promote one of them to the position of president the following year.
Former Nissan Motor Co. executive Jun Seki, who joined Nidec in 2020, was the latest candidate whom Nagamori tried, but he eventually le the company. (Oct. 26)