Nidec

Japanese electric motor maker Nidec is back in the spotlight after its newly refreshed board of directors demanded that top management step down. The move comes even though the company's reform drive has been led from the top, raising questions about who bears responsibility for recent troubles. Investors are watching Nidec's stock price closely as the leadership standoff unfolds.

One of Nidec's largest shareholders pushed for Motomichi Kishida to remain as chief executive of the Japanese motor maker. The intervention comes amid pressure over Nidec's leadership and governance following accounting problems, with investors weighing who should steer the company through its restructuring.