Nidec Corporation (NJDCY,6594.T,NNDNF), a Japanese maker of electric motors and related products, said on Friday that it has appointed its Chief Executive Officer, Mitsuya Kishida, as the Chairman of the Board.
Shigenobu Nagamori, who has voluntarily resigned from the office of Founder and Chairman of the Board on December 19, will assume the non-full-time role of Chairman Emeritus.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.