Robust demand for brushless DC motors supports higher valuation; shares fairly valued
Nidec has appointed Hiroyuki Yoshimoto, 50 years old, as its new president and COO. Having worked as an executive at Nissan Motor and Calsonic Kansei, Yoshimoto joined Nidec Group in 2015 and has been working as executive vice president and COO since 2017. Because of his background in the automotive industry, he has been leading the automotive motor and electronic control business unit, which is Nidec's most important business domain, and therefore has been regarded as Shigenobu Nagamori's succe...
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