Michael steps into the role at a pivotal moment for Nidec, as the company continues to solidify its operating foundation, enhance governance, and position the business for long-term, sustainable growth.

Nidec Corporation (”Nidec”) has announced a minority investment in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s electric propulsion systems, through the Company’s subsidiary, Nidec Motor Corporation, on July 1, 2024.