Nidec disclosed that it is considering changes among executives, including President Kishida. The move comes as a succession of improper conduct involving accounting fraud and quality issues has been publicly disclosed.
Nidec, a major electronic components manufacturer, disclosed that it is considering a change from President Mitsuya Kishida (岸田光哉) among other executives. The move indicates that the company is at the stage of considering a reshuffle of senior management, including representative directors.
The background includes a succession of accounting issues, including accounting fraud, and improper conduct relating to quality that has come to light. Further explanations are awaited regarding the specific facts.
Nidec has indicated a policy of strengthening the management structure at its head office and group companies, and confirmed that it is considering changes among multiple executives, including President Kishida. The timing of related organizational changes is expected to be disclosed at a later date.