CompaniesKaida known for determination, but some question if he is a break from the pastNidec has disclosed billions of dollars in impairment losses from an accounting scandal. (Photo by Kosaku Mimura)DAIKI HIRAOKAOctober 3, 2026 05:56 JSTTOKYO -- The task of turning Nidec around after a significant accounting scandal that leaves it on the brink of delisting is in the hands of new President and CEO Michio Kaida, who rose from a group company to join the Japanese motor maker's top ranks. Read NextLatest on Companies