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Japan must be open for business to both US and China: Nidec CEO

Motor boss says Suga needs to succeed on deregulation, where Abenomics failed

Japan needs to unleash the forces of competition by easing regulations, Nidec CEO Shigenobu Nagamori argues. (Photo by Toshiki Sasazu)

KYOTO, Japan -- One of Japan's most outspoken CEOs, motor manufacturer Nidec's Shigenobu Nagamori, knows a few things about balance.

The company he founded has investments across Asia, Europe and the U.S., and has continued to build up its presence in China despite the trade war between Washington and Beijing.

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