TOKYO, Mar 27 (Pulse News Wire) – Nidec Corporation (6594.T) announced changes to its board nomination process ahead of its upcoming annual meeting. On March 26, 2026, the company revised its nominating committee structure to enhance fairness and objectivity, removing CEO Kishida Mitsunao from the committee to ensure impartiality.
Effective March 27, 2026, the selection criteria for directors were updated to prioritize ethical standards, compliance, long-term talent development, and diverse expertise. The revised nomination process emphasizes transparency and consistency, focusing on candidates with extensive experience in corporate governance and accounting. The nominating committee will conduct thorough evaluations through interviews and discussions with a wide range of potential candidates, ensuring independence and objective decision-making.
The aim is to maximize shareholder value and meet stakeholder expectations by building an optimal board and management structure. Key criteria for director nominees include integrity, respect for market discipline, ability to make fair judgments, and substantial experience contributing to sustainable growth. Additional requirements mandate adherence to legal and regulatory standards, while external directors must also satisfy stringent independence tests outlined in the company’s guidelines.
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