Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules 
Yindjibarndi Appeals Fortescue Mining Compensation Ruling 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
OpenAI AI Agent Swarm Behind Hugging Face Hack 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Adidas, Puma Shares Fall as Dick’s Sporting Goods Cuts Outlook 
SK Hynix Shares Fall as Workers Reject Wage Deal 
Bathla Group Hires Administrators as Australia Housing Slump Deepens 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14% 
BNP Paribas, KB Kookmin Eye $2 Billion Techcombank Stake 
Tesla Raises Cybertruck Prices by $5,000 in US 
Trump Buys SpaceX Shares After Record IPO 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
Australia’s Big Four Banks Face Mortgage Slowdown as Valuations Draw Scrutiny 
Trump Administration Plans New Drug Pricing Deals With Biotech Firms 
Add as a preferred source on Google
KYOTO, Japan, April 24, 2018 -- Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company”) today announced that the Board of Directors of the Company, at its meeting held on April 24, 2018, has resolved to adopt performance-linked and share-based incentive plans for its board members (excluding outside directors) and executives of the Company and its main affiliated companies.
Background of the Adoption of the Plan:
The Nidec Group aspires corporate value expansion with its motto; “High Growth, High Revenue, High Stock Price,” and has endeavored to strengthen its management competence. The Company and its affiliated companies will adopt the proposed incentive plans to attain performance targets specified in Nidec’s mid-term strategic goal Vision 2020 and long-term corporate value expansion as “One Nidec.”
For details, please refer to the press releases dated April 24, 2018 as follows:
-Notice Regarding Adoption of New Performance Share Plan for Members of the Board of Directors, etc.
http://www.nidec.com/en-Global/ir/news/2018/news0424-05/
-Notice Regarding Adoption of New Performance Share Plan for Executives in the Country and Overseas.
http://www.nidec.com/en-Global/ir/news/2018/news0424-06/
| Contact: | |
| Masashi Onishi | |
| General Manager | |
| Human Resource Planning | |
| +81-75-935-6600 | |
| [email protected] | |
