Nidec founder Nagamori steps down from board, becomes chairman emeritus

Effective December 19, 2025, Nidec Corporation announced the resignation of Shigenobu Nagamori from his positions as representative director, director, global group representative, and chairman of the board, by his own volition. He will assume the new role of chairman emeritus (non-fulltime), where he will focus on passing down the company's founding spirit to future generations, contributing to the Nidec Group's enduring value.

Following Nagamori's departure from the board, Mitsuya Kishida, currently the representative director, president, and chief executive officer, will succeed him as the chairman of the board. This leadership change marks a new chapter for the Kyoto-based electric motor manufacturer.

Nagamori founded Nidec Corporation and has been instrumental in its growth. His transition to chairman emeritus signifies a strategic move to ensure the company's long-term sustainability and the preservation of its core values under new leadership.