Nidec President Mitsuya Kishida (岸田 光哉) announced his resignation, and conduct deemed inappropriate was confirmed in financial reporting. The personnel change comes as accounting and quality misconduct is being uncovered in succession.
Nidec formally announced that President Mitsuya Kishida (岸田 光哉) had resigned. The confirmed inappropriate conduct in financial reporting was cited as the background to his resignation.
At the same time, accounting and quality misconduct scandals have reportedly been uncovered one after another, putting a review of the future organisational structure in focus.
Further reports are expected to focus on the appointment of a successor, the strengthening of internal audit systems and the announcement of an improvement plan.