Some have complained about dividends, with Nidec’s stock offering an expected yield of just 0.9%, versus 2.3% for the Topix. His philosophy on managing the rest of Nidec’s employees may look odd to western eyes, though it’s hardly unique in Japan. Looking after employees, Nagamori says, is key to a company’s success. Even if you’re Masayoshi Son, the second-richest man in Japan, you can expect an earful when I think you’re wrong. “These days, if you tell people to put everything into their work, you’re soon dubbed a black company,” he says, referring to the Japanese term for firms that flout labor standards.

Source: The Star August 12, 2016 23:03 UTC