Nidec Corp Adr (NJDCY) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Now, we would like to start the presentation on NIDEC Corporation's fiscal 2023 financial results. First, please turn off your mobile phones or put them on silent mode. NIDEC Corporation's representatives who are presenting the financial results are as follows. Mr. Shigenobu Nagamori, founder and executive chairman. Mr. Mitsuya Kishida, president and chief executive officer. Mr. Akinobu Samura, Senior Vice President and Chief Financial Officer. and Mr. Teruaki Urago, General Manager of the Investor Relations Department. That is all. In today's presentation, these executives will present you with an overview of the company's financial results for fiscal 2023 that will be presented by Mr. Samura, and a strategic portion will be explained by Mr. Kishida. Then the floor will be opened for a question and answer session. Please kindly wait to ask questions until then. The meeting is planned to end at 11.30 a.m. Now, Mr. Samara, please start your presentation. I would like to make some statements first. Please. Thank you. If I may say, at the beginning of this conference, I'd like to give you some explanation here. From April the 1st, this fiscal year, we have a new president on board, and he is also serving as CEO. He has yet to become the board of directors. member that won't be until the general shareholders meeting in June. We have had so-called successor issue at our company. We have had this nomination committee. has gone through the selection process. We have had five members of the nomination committee, three of them from the outside members, and they unanimously agreed on Mr. Kishida to serve as the president of this company. This nomination committee is a very well-balanced committee. They made a very good selection in a very balanced manner. in a very proper proc...