Nidec Stock: Spotlight On New CEO And Potential M&A

kool99/E+ via Getty Images Elevator Pitch Nidec Corporation (OTCPK:NJDCY) [6594:JP] is awarded a Buy rating. I wrote about NJDCY's inorganic growth strategy in my November 26, 2023 initiation article. The focus of the current update is Nidec Corporation's new CEO and its potential M&A deal. My opinion is that Nidec Corporation has made the right decision to select Mitsuya Kishida as the new CEO to lead the turnaround of its Electric Vehicle or EV traction motor business. Separately, the potential acquis ...