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.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.