This was announced by Nidec Corp. president and president Yoshimoto and Vice President Yoshimoto on a press conference in Kyoto city on the 15th.

According to it, after the general shareholders' meeting of June 20, Mr. Ebino Mori of the founder will retire from the president position and Mr. Yoshimoto will be promoted to the successor president.

Mr. Yoshimoto is 50 years old from Kyoto Prefecture. After serving as president, etc. of a subsidiary in Nissan Motor in Thailand, I am serving as vice president of Nidec from Midori.

Mr. Yoshimoto said, "I was hired by Mr. Eikei's management philosophy and joined Nidec, I would like to accelerate global management toward achieving sales of 10 trillion yen in 2030" .

Nidec Corp. was founded in 1954, and has strong leadership and aggressive acquisitions of domestic and overseas companies, and worldwide electronic component manufacturers with sales exceeding 1 trillion yen I grew up.

Nidec replacing the president for the first time since its establishment,

Mr. Ei Nagamori will continue to be involved in management as chairman of the Representative Director.

Mr. Eikamori said, "I thought that young people would be better for successors to sustain the company's momentum, I would like to change the company's growth faster and stronger in the future, while sharing the role" I said.