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Interview

Nidec founder plans medical and business schools as Japan ages

Shigenobu Nagamori says higher education needs boost for corporate growth

Nidec Chairman and CEO Shigenobu Nagamori speaks to Nikkei Asia on Nov. 10. 

TOKYO -- Shigenobu Nagamori, the founder, chairman and CEO of the world's largest motor manufacturer Nidec, says he plans to operate medical and business schools in Japan to train urgently needed human resources as the country ages and its companies lose competitiveness to overseas rivals.

Since 2018, Nagamori has chaired the Nagamori Gakuen Education Foundation, which operates Kyoto University of Advanced Science. The university is planning to set up a new medical school as well as a business school. KUAS opened about 50 years ago but was renamed in 2019. Just this year it established its fifth faculty for engineering, characterized by strength in motor related technologies.

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