Nidec Founder Nagamori Talks about Company’s Future

Wind Industry Profile of

Following the announcement of Nidec’s financial results for the fiscal first half of 2018, the company’s founder and chairman, Shigenobu Nagamori, met with investors in Tokyo to discuss the company’s financial situation and its strategy moving forward.

Nidec recently recorded its highest net sales and operating profit, among other figures, on a first-half and quarterly basis, and also raised its year-end dividend projection, undaunted by global trade tensions and signs of weaker winds in the economy. “If you want to fly a kite without wind, you need to run,” Nagamori said as he explained the company’s proactive approach to growing its operating profit unfazed by macroeconomic conditions. In truth, Nidec has been busily engaged in proverbial running... ... More: Official Press Release Nidec Corporation

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Nidec, SSB Wind Systems, announcement, founder, Japan, financial results, profit, factories, countries