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An update from Nidec ( (JP:6594) ) is now available.
Nidec Corporation announced that its founder and long-time leader, Shigenobu Nagamori, has voluntarily resigned from his role as Founder and Chairman of the Board and will transition to the honorary position of Chairman Emeritus on a non-full-time basis. In conjunction with this leadership change, current Representative Director, President and CEO Mitsuya Kishida will assume the additional role of Chairman of the Board, consolidating the top executive and governance positions as Nidec seeks continuity in strategy while formally shifting from founder-led governance to a more institutional leadership structure, with Nagamori remaining involved in preserving the company’s founding vision and long-term value orientation.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen2306.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
More about Nidec
Nidec Corporation is a Japan-based global manufacturer best known for its electric motors and related components, supplying products for applications ranging from information technology equipment to automotive, industrial, and household devices. Listed on the Tokyo Stock Exchange and traded over-the-counter in the U.S., the company has grown into a key player in precision motors and drive technologies, supporting diverse sectors that rely on high-efficiency motion control solutions.
Average Trading Volume: 15,058,128
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen2345.5B
Find detailed analytics on 6594 stock on TipRanks’ Stock Analysis page.