NEWSWORTHY
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. Nagamori guided Nidec past Nissan and Panasonic in market ...
Are robots all hype? Nidec may have the answer
Motor maker Nidec, a bellwether for manufacturing trends, has been investing heavily in automation.
Japanese electric motor maker Nidec names new president, Nagamori to stay as CEO and board chairman
Nidec Corp. said Wednesday that Chairman Shigenobu Nagamori will remain CEO of the major electric motor maker but that he has given up his concurrent post of president. Executive Vice President Hiroyuki Yoshimoto, 50, has replaced Nagamori as president, in the Kyoto-based manufacturer's first change ...
Japanese motor maker Nidec Corp. said Thursday it plans to invest ¥100 billion ($878 million) on robots and supercomputers to eliminate overtime work for its 10,000 group employees in Japan by 2020. The company, which commands a high global market share for small precision motors, ...
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. The all-cash deal includes France-based Leroy Somer ...
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. Prospective employees have faced off against each other in eating and shouting competitions; new hires at headquarters in Kyoto ...
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. One of Japan's rare mergers and acquisitions specialists, Nagamori became a billionaire by cobbling together 41 companies to ...
