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Wire · operational-macro

Nidec CEO steps down, 2025/26 earnings due on Sept. 30

29 September 2026 · By · Wire by Fusion42

Published

29 September 2026

Topic

operational-macro

◆ Sectors

Industrial

◆ Geography

Japan

◆ Source

Read at asahi.com →

◆ Verified

Fusion42 · 30 September 2026 · Fusion42 review

Nidec Corp's CEO Mitsuya Kishida stepped down amid an accounting scandal, with CTO Michio Kaida taking over as president and CEO. The company faces significant impairment losses mainly related to electric vehicle motor systems, with earnings for fiscal year 2025/26 due on September 30.

This Wire brief sits within Fusion42's coverage of Industrial.

◆ ◆ The Wire takeaway

Your business must brace for tighter scrutiny on financial practices in automotive supply chains after a top Japanese motor maker CEO stepped down due to an accounting scandal. This change opens doors for competitors who can prove transparent reporting and solid compliance.

◆ Coverage

1 source · 29 Sep 2026

◆ Related on Wire

◆ Topics

Industrialaccounting-scandalexecutive-changeimpairment-lossautomotive-supplycorporate-governance