Portrait of Shigenobu Nagamori

Rank #1527

Shigenobu Nagamori

Net worth $2.8B

Motors · Japan

Born
Aug 28, 1944
Age
81
Source
Motors
Residence
Kyoto
Citizenship
Japan
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Shigenobu Nagamori is the founder and chairman of motor manufacturer Nidec.
  • Nidec bills itself as the world's largest manufacturer of motors for hard-disk drives and optical drives, by units sold.
  • Nagamori has said publicly that his goal is to hit ¥10 trillion ($91 billion) in revenue by 2030, partly by focusing on drivetrains for electric vehicles.
  • In 2024, Mitsuya Kishida, one of five executive vice presidents, became the new president and CEO.
  • Nidec was removed from Nikkei 225 and Topix indexes in November 2025. The exchange marks it a "security on special alert" due partly to lax internal controls and an ongoing investigation over accounting scandal at one of its subsidiaries.

Financial assets

Exchange Ticker Company Shares Price Currency