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Nidec's charismatic founder still in search for a successor

Like SoftBank and Uniqlo magnates, Shigenobu Nagamori struggles to retire

Nidec founder, Chairman and CEO Shigenobu Nagamori, who has led the company since 1973, has been looking for a successor.

TOKYO -- Japanese motor maker Nidec is to hire Jun Seki, the vice chief operating officer at Nissan Motor, as a potential candidate for president.

Seki is the third outside executive recruited by Shigenobu Nagamori, Nidec's chairman and chief executive, as a candidate for the position. 

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