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July 04, 2026
 

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NIDEC

Nidec CEO Mitsuya Kishida faced a barrage of questions from investors about Nidec’s survival during the firm's general shareholders meeting on Thursday.
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.
Nidec President Mitsuya Kishida
BUSINESS / Companies
May 31, 2026
Embattled Nidec to suspend biz acquisitions
A panel of outside experts concluded that pressure to meet performance targets was among the factors behind the irregularities.
Nidec CEO Mitsuya Kishida says the company will return to dealmaking once it recovers from scandals.
BUSINESS / Companies
May 25, 2026
Nidec boss hints at more M&A deals once scandals abate
CEO Mitsuya Kishida has underlined regaining trust as the Kyoto-based electric motor manufacturer’s top priority.
Nidec founder Shigenobu Nagamori in 2023. Nagamori instilled a hard-charging corporate culture at the company, demanding results pegged to ambitious, and at times unrealistic, targets.
BUSINESS / Companies
May 13, 2026
Nidec shares tumble after product quality issues compound bookkeeping scandal
The Kyoto-based world’s largest maker of precision motors said the issues involved changes made to materials, processes and designs without approval.
Nidec CEO Mitsuya Kishida (center) and others bow in apology during a news conference in Tokyo on Tuesday.
BUSINESS / Companies
Mar 4, 2026
Nidec warns of $1.6 billion charges from accounting scandal
The world’s largest manufacturer of precision motors said there could be additional charges that would impact its past financial results.
Market information displayed inside the Tokyo Stock Exchange. A former Mita Securities executive and four other individuals have been arrested on suspicion of insider trading linked to a tender offer.
JAPAN / Crime & Legal
Feb 2, 2026
Former Mita Securities executive and others held for alleged insider trading
The executive and four other individuals were arrested on suspicion of insider trading linked to a tender offer.
Shigenobu Nagamori
BUSINESS / Tech
Dec 20, 2025
Nidec chairman quits board after spate of accounting issues
The move follows the discovery of accounting issues that damaged the reputation of the Japanese maker of electric motors.
Nidec's Qingdao Industrial Park in China. The Tokyo Stock Exchange has designated Nidec as a "security on special alert" for a possible delisting.
BUSINESS / Companies
Oct 28, 2025
Nidec faces delisting risk as Tokyo Stock Exchange boosts scrutiny
The move by the exchange may deal another blow to Nidec’s shares, which have tumbled roughly 20% since the start of September as its accounting issues came to light.
On Friday, Nidec said in a financial report that it had unearthed new problems following an external probe that found evidence of systemic accounting problems.
BUSINESS / Companies
Sep 29, 2025
Nidec shares slide after widening accounting scandal hurts trust
The company said in a financial report — submitted after a three-month delay — that it had unearthed new problems following evidence of systemic accounting problems.
Nidec CEO Mitsuya Kishida with lion dance performers during the opening ceremony of the company’s Qingdao Industrial Park on July 9
BUSINESS / Companies
Jul 16, 2025
Nidec builds made-in-China EV motor to help Toyota catch rivals
About 99% of the materials and parts in the new E-axle motor are from China, said Nidec president Mitsuya Kishida.
Nidec has decided to withdraw a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.
BUSINESS / Companies
May 9, 2025
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine
Makino had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.
Makino Milling Machine's headquarters in Tokyo on Friday.
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.
Nidec separately announced it signed a memorandum of understanding on Monday with Tata Elxsi, an Indian technology service provider, to develop software programs for India and other markets.
BUSINESS / Tech
Jul 23, 2024
Japan’s Nidec lifts annual profit outlook after first quarter
The company raised its expectations for operating profit in the financial year to the end of March 2025 to ¥240 billion ($1.53 billion).
Nintendo is among the big name companies in which Kyoto Financial Group has cross-held shares.
BUSINESS / Companies
Jul 9, 2024
Kyoto bank defies call to unwind holdings after $6-billion gain
Kyoto Financial Group has amassed unrealized profits of more than $6 billion on holdings in other firms.
Mitsuya Kishida, incoming CEO of Nidec (left), and Shigenobu Nagamori, chairman and CEO, during a news conference at the company's headquarters in Kyoto on Feb. 14.
BUSINESS / Companies
Mar 12, 2024
Japan’s Nidec, U.S. private equity firm KPS vie for Siemens’ motors unit
The Innomotics unit makes heavy-duty electric motors used in ships and mining equipment, and could fetch about ¥483.6 billion in a sale.
Kyoto Financial Group's early bets on Nintendo and other Kyoto-based startups are now bringing huge gains to the regional bank.
BUSINESS / Companies
Nov 3, 2023
Early bets on Nintendo and Nidec yield big gains for Kyoto bank
Kyoto Financial Group has equity holdings worth almost ¥903 billion thanks to investments made decades ago.
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.
Japan Times
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.
Japan Times
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.
‘My dream is broken’: Japan visa rules push out foreign residents
A man orders from a kebab shop in the Okubo district in Tokyo.
Japan triples departure tax in push to combat overtourism
Tourists in Yanaka Ginza, Tokyo, on Wednesday. Japan tripled its International Tourist Tax (departure tax) to ¥3,000 from ¥1,000 on Wednesday for all travelers leaving Japan, regardless of nationality.
Japanese-language education is at a turning point
The country is gradually transforming Japanese-language education from a volunteer-driven system into a professional, government-supported network to better serve its growing foreign population. 
Japan’s princesses face life-altering legal revisions
Princess Aiko, the daughter of Emperor Naruhito, said in a 2022 news conference upon coming of age that she hopes to “spend a long time together” with her parents.
Japan plans to sharply raise fees for residence permits from October
Foreign tourists walk on the path leading to the Kiyomizu Temple in Kyoto in May.
Iran war exposed, but hasn’t changed, Japan’s reliance on imported oil
Wind turbines generate energy from strong easterly winds on the Shonai Plain in Yamagata Prefecture. Despite the oil crisis caused by conflict near the Strait of Hormuz, and concerns instability in the region could continue to impact supply and the price of imports, the administration of Prime Minister Sanae Takaichi does not seem to be drawing on the war as a pretext to hasten progress toward Japan's renewable goals.
Six of the best: rikishi of note in each sumo division
Kazuma (right) faces off against future <i>yokozuna</i> Onosato during the All Japan Amateur Sumo Championships at the Ryogoku Kokugikan in Tokyo in December 2020.
Some startups see opportunity in an aging Japan
Yasmin Baba, CTO of Amilis, wins the Grand Prize at the Pitch2Tokyo Grand Final on Feb. 19.
Japan’s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.

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