Nidec President Kishida Mitsuya (岸田光哉) announced his resignation, and a personnel change was announced in which Senior Executive Officer Kaida Rio (戒田理夫) will become president. The change comes as management faces scrutiny amid problems involving accounting misconduct and quality misconduct.
Against a backdrop of improper accounting practices and quality misconduct coming to light, motor manufacturer Nidec announced that President Kishida Mitsuya (岸田光哉) would resign and that Senior Executive Officer Kaida Rio (戒田理夫) would become president. Kishida (岸田) became president in 2022 after joining the company, as the founder's successor, and had been reappointed at the general shareholders' meeting, but the board of directors reportedly decided that the presidency should change.
The article reports that the board, led mainly by outside directors, cited the prospect of mounting losses related to accounting and quality misconduct as the background to the resignation, and says there had been calls for management to be held accountable. It also presents the view that pressure had closed in ahead of the earnings announcement.
Reports in the major newspapers also gave the personnel change extensive coverage. Yomiuri explained the background as pressure from outside directors for the resignation and poor performance in the automotive business, and pointed out that measures to prevent recurrence and the formulation of a management plan will be the focus going forward. Nikkei also reported on pressure from the board for the resignation and the change in president, referring to the earnings announcement and the audit firm's opinion. Asahi reported renewed debate over accountability and assessed that the path to maintaining the listing would become more difficult.
The announcement dated 30 September 2026 was presented alongside reports from other newspapers, drawing attention to how the management turmoil will develop.