ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Veteran chief hopes to infuse Nidec with fresh blood

Septuagenarian seeks a successor around the age of his 40-something son

OSAKA -- Nidec's charismatic chairman is considering handing the presidency of the company he founded to a much younger successor.

"I cannot turn over the reins to someone in his 60s," Shigenobu Nagamori told reporters Tuesday, noting that the times have changed. Nagamori will turn 74 this year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more