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Nidec COO Jun Seki to Step Down, Bloomberg Reports

August 25, 2022 at 04:58 am IST

--Nidec Corp. Chief Operating Officer Jun Seki is expected to step down as part of an upcoming management reshuffle, Bloomberg reported Thursday citing unnamed sources.

--Founder and Chief Executive Shigenobu Nagamori plans to revamp management in October in anticipation of a potential worsening of the global economy, the Bloomberg report said.

Full story: https://www.bloomberg.co.jp/news/articles/2022-08-25/RGSMR7DWX2PS01 (Japanese)

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

08-24-22 2128ET

Jun Seki

Currently, Jun Seki occupies the position of President, COO & Representative Director at NIDEC Corp. and Chairman of Nidec India Pvt Ltd. (a subsidiary of NIDEC Corp.). Mr. Seki previously held the position of President for Dongfeng Motor Co., Ltd. and Executive officer & Deputy Chief Operating Officer at Nissan Motor Co., Ltd.

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Linked companies
Nidec Tosok Corp. Nidec Tosok Corp. Electronic Equipment/InstrumentsElectronic Technology Nidec Tosok Corp. manufactures and sells measuring instruments, automobile parts, fan motors and semiconductors equipment. It supplies automobile manufacturers with parts such as spools, gear shifters and engine control devices. The company was founded on April 1, 1949 and is headquartered in Zama, Japan.	Chairman
NIDEC Elesys Corp. NIDEC Elesys Corp. Electronic Production EquipmentElectronic Technology NIDEC Elesys Corp engages in the development, manufacture and sale of automotive electronic control units for vehicle systems. The company was founded on October 1, 2002 and is headquartered in Kawasaki, Japan.	Chairman