FOR IMMEDIATE RELEASE
Contact: Michele Luthin
+1 (212) 224-3360
New York, New York May 21st, 2013 Nidec Corp., a Japanese maker of small precision motors for computer equipment, appliances and autos, has the top-ranked management among major public companies in Japan, according to an exclusive survey by Institutional Investor.
Shigenobu Nagamori, the companys chief executive officer, is the best CEO in the Electronics/Components sector, according to both buy-side and sell-side analysts who voted in IIs All-Japan Executive Team survey.
Complete results can be found Institutional Investors website
Nidecs CFO, Masuo Yoshimatsu wins similar recognition as the sectors best chief financial officer, and buy-side analysts rate Nidecs investor relations team and its chief, Masahiro Nagayasu, as the best in the sector. Those scores make Nidec the Most Honored Company in Japan, according to the ranking.
To determine the ranking, Institutional Investor asked buy-side analysts, portfolio managers and sell-side analysts to identify the best chief executive officers, chief financial officers, investor relations professionals and corporate IR teams at Japanese companies across 26 industry sectors.
Auto parts maker Denso Corp. and giant lender Mizuho Financial Group rank just behind Nidec on the Most-Honored list, followed by automaker Nissan Motor Co., telecom operator KDDI Corp. and drug company Astellas Pharma.
Other companies near the top of this years Most Honored Companies in Japan ranking include Tokio Marine Holdings, SoftBank Corp., Hoya Corp., Sony Corp., Panasonic Corp., Hitachi, Komatsu, Mitsui Fudosan Co. and East Japan Railway Co.
The new ranking comes out at a time of heightened interest in Japan. The reflationary policies of Prime Minister Shinzo Abe and the new Bank of Japan governor, Haruhiko Kuroda, have driven prices sharply higher on the Tokyo Stock Exchange and contributed to a growth spurt in the economy. The new situation gives Japanese companies the best opportunity in years to expand.
The All-Japan Executive Team is based on the votes of 387 buy-side analysts at 223 investment firms and 245 sell-side analysts at 25 firms. Full results can be found at our web site, institutionalinvestor.com.
For more information about the Most Honored Companies and All-Japan Executive Team rankings, please contact Michele Luthin at firstname.lastname@example.org or +1 (212) 224-3360.
About Institutional Investor
Now entering its fifth decade, Institutional Investor has distinguished itself among the worlds foremost financial publications with groundbreaking journalism and incisive writing that provide essential intelligence for a global audience of finance and investment decision makers. Institutional Investor also produces a host of proprietary research and rankings that serve as the industry-standard benchmarks for fixed-income, equity research, and money management professionals and executive teams. For more information, visit www.institutionalinvestor.com.
Director, Global Investor Relations Products
+1 (212) 224-3360