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绿洲或寻求召开临时股东大会以改组尼得科董事会Oasis may seek extraordinary general meeting to revamp Nidec board

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Oasis是日本电产的最大单一股东,持有这家全球最大电机制造商9%的股份。(日经合成图/图片来源:路透社和Oasis Management网站)Oasis is Nidec's largest single shareholder with a 9% stake in the world's largest motor maker. (Nikkei montage/Source photos by Reuters and Oasis management's website)

东京 — — 香港活跃投资者绿洲管理公司正考虑在陷入困境的日本电机制造商尼得科召开临时股东大会,以推动该公司改革监督机制。该公司上月因巨额会计丑闻而在上一财年报告了历史性亏损。

TOKYO -- Oasis Management is considering calling an extraordinary shareholder meeting at troubled Japanese motor maker Nidec, as the Hong Kong activist investor seeks to revamp oversight at the company, which last month reported a historic loss for the last fiscal year amid a massive accounting scandal.

绿洲所推动的措施包括在董事会中增设外国成员,并建立一个更具主动性的提名委员会,以评估董事会表现并挑选能够更有效监督管理层的候选人。

The measures Oasis is pushing for include adding foreign members to the board and having a more proactive nomination committee that evaluates board performance and identifies candidates who can more effectively oversee management.

“如果他们不在这一方面迅速采取行动,我们将不得不召开临时股东大会(EGM),”绿洲管理公司创始人兼首席投资官塞斯·费舍尔表示。他在周五于东京举行的索恩投资大会上发表了上述言论。

"If they don't go ahead and take action quickly on that front, we're going to have to call an EGM (extraordinary general meeting)," said Seth Fischer, the founder and chief investment officer. He was speaking at the Sohn Investment Conference in Tokyo on Friday.

绿洲持有尼得科9%的流通股,使其成为该公司最大的单一股东。尼得科创始人长森重信,这位以斥责高管著称的82岁老人,截至3月31日直接持有公司8.6%的股份,并通过一个家族控制的实体间接持有另外3.5%。

Oasis owns 9% of Nidec's outstanding shares, making it the company's largest single shareholder. Nidec founder Shigenobu Nagamori, an 82-year-old known for berating his executives, owned 8.6% of the company outright and another 3.5% through a family-controlled entity as of March 31.

长森重信因独立委员会调查公司多年存在不当会计处理的指控,而在2月被迫离开总部位于京都的尼得科。

Nagamori was pushed out of Kyoto-based Nidec in February amid an investigation by an independent committee into allegations that the company had engaged in improper accounting for years.

费舍尔在周五表示,绿洲可能“ substantially ... 视价格及其他若干因素而定 ”增加其在尼得科的持股比例。根据日本法律,持有至少3%表决权六个月以上的股东可要求公司召开临时股东大会。绿洲在尼得科的持股情况首次于3月11日被公开。

Fischer on Friday said Oasis could increase its Nidec holdings "substantially ... depending on price and some other factors." Under Japanese law, a shareholder that has held at least 3% of voting rights for six months can request that a company convene an EGM. Oasis's stake in Nidec first came to light on March 11.

9月,尼得科在六年内第四次更换总裁,寻求在长森重信作为创始人及最大股东对管理层的干预导致超过四年动荡之后实现新的开始。

In September, Nidec installed its fourth president in six years, seeking a fresh start after more than four years of turmoil marked by Nagamori's interventions in management as founder and largest shareholder.

“Nidec 是公司治理失效时可能出现问题的一个缩影,” 费舍尔说。“在这种情况下,你有一位创始人,他既是总裁、董事长,后来又成为名誉董事长。他权力极大,且在他之上没有真正的治理监督。没有人能够让他承担责任。” 随着对其不规范会计指控的特别标识达到一年,本月底即将届满,Nidec 面临东京证券交易所的审查。如果公司未能令监管机构满意地建立适当的内部控制,它可能面临退市。10 月 7 日,绿洲资本敦促 Nidec 在其完善内部控制的同时,探索私有化方案。

"Nidec is a microcosm of the things that can go wrong at companies when governance isn't working," Fischer said. "In this case, you had a founder who was the president, chairman and later honorary chairman. He was extraordinarily powerful and had no real governance oversight above him. There was nobody to hold him accountable." With its special designation over irregular accounting allegations reaching the one-year mark at the end of this month, Nidec faces a Tokyo Stock Exchange review. If the company fails to establish appropriate internal controls to the regulator's satisfaction, it could face delisting. On Oct. 7, Oasis urged Nidec to explore privatization options while it works on revamping its internal controls.