Nidec President Mitsuya Kishida Resigns Amid Leadership Restructuring

Key Facts

1Nidec Corporation announced that Mitsuya Kishida resigned as Representative Director and President CEO, effective September 29, 2026.

2The Board of Directors held an extraordinary meeting to appoint a new President and Representative Director following the resignation.

Nidec Corporation announced that Mitsuya Kishida resigned as Representative Director and President CEO, effective September 29, 2026. According to a company statement via Business Wire, the Board of Directors held an extraordinary meeting to appoint a new President and Representative Director following the resignation.

The leadership shakeup follows a reported 18% plunge in Nidec shares linked to a 1 trillion yen impairment. The stock 6594.T closed at 2340 yen on September 28, 2026, having reached a session high of 2405 yen during that day.