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Top related persons:
Kim Kyung - 1 Shigenobu Nagamori - 1 Nagamori - 1 Nidec - 1 Makiko Yamazaki - 1 Miho Uranaka - 1 Robert Birsel - 1
Top related locs:
Tokyo Japan TOKYO
Top related orgs:
REUTERS - 1 Thomson - 1

Search resuls for: "Shigenobu Nagamori"


4 mentions found


☆ Nidec's acquisitive CEO hails new Japan rules aimed at making takeovers easier
  + stars: | 2023-07-23 | by ( Makiko Yamazaki | ) www.reuters.com   time to read: +3 min
[1/2] Nidec Corp's logo is pictured at an earnings results news conference in Tokyo, Japan, July 25, 2018. Nagamori welcomed the prospect of Japan becoming more receptive to unsolicited bids. Because unsolicited bids are seen as taboo, Nidec has typically focused on buying and turning around money-losing companies, he said, but "that takes time". In corporate Japan, unsolicited bids have been seen as too adversarial. he said, referring to Nidec's tender offer price with an 80% premium.
Persons: Kim Kyung, Shigenobu Nagamori, Nagamori, Nidec, Makiko Yamazaki, Miho Uranaka, Robert Birsel Organizations: REUTERS, Thomson Locations: Tokyo, Japan, TOKYO
☆ Japan's Nidec lines up five execs as chairman contenders
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, March 13 (Reuters) - Japanese electric motor company Nidec Corp (6594.T) on Monday lined up five contenders to eventually take the reins as chairman from the firm's no-nonsense 78-year-old founder, Shigenobu Nagamori. Nidec said its board of directors had on Friday decided to name five people Executive Vice Presidents (EVP) from April 1. After serving four years as President, this person will be appointed as Chairman, Nidec said, as it seeks to bring an end to the saga. "I will gradually move away from work after that," Nagamori told reporters during an online news conference on Monday. Toshiyuki Otsuka, Tatsuya Nishimoto, Yoshihisa Kita, Toshihiko Koseki and Mitsuya Kishida were the five named as EVPs.
☆ Taiwan's Foxconn taps former Nissan and Nidec heavyweight Seki for EV business
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Nissan Motor executive officer and vice-COO Jun Seki speaks during a news conference at Nissan Motor headquarters in Yokohama, Japan, December 2, 2019. Seki had been recruited to Nidec from Nissan by Nidec's hard-driving founder Shigenobu Nagamori in 2020 to help Nidec become a major player in components for next-generation automobiles. Seki spent three decades at Nissan, including a stint heading its China business. He was widely seen as a contender for chief executive, but was passed over for the current chief, Makoto Uchida. He left Nissan for Nidec not long after being charged with leading the automaker's turnaround plan.
☆ Japan's Nidec posts 16% jump in Q2 operating profit to record
  + stars: | 2022-10-24 | by ( ) www.reuters.com   time to read: +2 min
The Kyoto-based company reported 51.71 billion yen ($347.21 million) in operating profit for the three months through September, just short of a 52.3 billion yen average of five analyst estimates, according to Refinitiv data. A year earlier, it earned 44.59 billion yen. Nidec's shares dipped 2.9% during the second quarter and have dropped 41.1% this year so far. The company kept its full-year operating profit forecast of 210 billion yen for the year ending March 31. That compared with the 211 billion yen average of 21 analyst forecasts.
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