The Mainichi Newspapers Co., one of Japan's top newspaper publishers, honored Nidec president Nagamori on February 17 with "Mainichi Business Leaders Award" for his distinctive management prowess that has advanced Nidec to date and quickly turned around many ailing companies without layoffs.
The "Mainichi Business Leaders Award" is given once a year to prominent Japanese entrepreneurs who breathed new life into the industry and helped enhance people's lives through dedicated corporate efforts.