Nidec Board Restructuring: Governance Strengthening
Nidec's June 2026 board restructuring was designed to strengthen corporate governance following a series of scandals .
Key Changes:
Outside Independent Directors: The Board now includes multiple outside independent directors in key leadership positions, including Soichiro Sakuma as Chair of the Board .
Committee Structure: New committees include Audit and Supervisory Committee, Nomination Committee, Remuneration Committee, and Sustainability Committee .
Restoring Investor Trust:
Kishida emphasized that regaining trust is the company's top priority . The company's investigation into accounting issues is proceeding, and Kishida is determined to resolve the problems, which involved improper bookkeeping at subsidiaries in Italy, Switzerland, and China
