Nidec announced changes in the presidents of 4 subsidiaries, effective on the 1st. All of the new presidents are from outside the group, indicating an aim to advance management reform across the group.
Nidec announced personnel changes under which the presidents of 4 subsidiaries would change. All of the new presidents were appointed from outside the group, with their appointments effective on the 1st. The changes are intended to renew the group's management structure and accelerate reform.
The subsidiaries covered by the changes include Nidec Techno Motor, based in Muko, Kyoto Prefecture. All of the new presidents are from outside the group, rather than being promoted internally.
The personnel changes are said to have been implemented as part of management reform amid a succession of irregularities, with the aim of strengthening governance and the speed of execution across the group. Specific strategies and details of future personnel policies related to the changes will await further announcements.