Nissan case: How the protégé became a regicide – News Economy: Business



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"I am very disappointed, frustrated and desperate, indignant and dissatisfied," said Saikawa at half past eleven in front of Nissan headquarters. Nissan in Yokohama his emotions are open. Ghosn was his godfather and mentor, thanks to his rise of more than two decades over 65 years to become the second largest automaker in Japan. Saikawa became co-CEO two years ago, and since April 2017, he has been the sole CEO of Nissan. Nevertheless, the Japanese led the rebellion against the palace ruler Ghosn.

For months, Saikawa had apparently conducted a thorough investigation into Ghosn's evidence of wrongdoing. Other senior managers have not been initiated. Before his eyes, the prosecutor's office detained two witnesses from the company, who fully testified. Ghosn was left in the dark. When the Frenchman arrived Monday at Haneda Airport in Tokyo, the police directly drove him from the company's jet to the jail. The French newspaper Les Echos called Saikawa Brutus who had murdered the Nissan César.

"This is not a coup against Ghosn, and you should not think so," Saikawa told the press. Usually, the Japanese speak fast and under control. In the company, it is considered strict, closed, even aggressive. But the "dark side" of Ghosn's only rule has moved him: the false salary shown in the Tokyo Stock Exchange reports was probably lower than the company's financial account, such as apartments and houses for use private or consultant contract Annual fee of 10 million yen (88,000 francs) without consideration. It cost Ghosn Saikawa's loyalty.

Business before personal

At Nissan, the manager is considered the man of numbers, the business goes far beyond the staff. That's why Saikawa thinks much more about the West than the average manager in Japan. As Purchasing Manager since 2001 and later, responsible for sourcing and materials sourcing, Saikawa helped Ghosn from the start confirm Renault's reputation as "The Cost Cutter" at Nissan. Therefore, it must have seemed absurd that Ghosn did not want to save himself at all.

Saikawa is quite different: he carries a second cell phone for private calls, so calls do not cost his employer anything. Because of this moral divergence, the Japanese did not want to bow deeply because of Ghosn's misdeeds. So, excuse yourself to the Japanese leaders for their mistakes. By contrast, when Nissan was forced to confess to illegal inspections and fake exhaust emissions in Japan, Saikawa did not hesitate to ask the public for forgiveness.


In Japan, leaders apologize for their mistakes: Saikawa apologizes with a traditional kang. Image: Reuters / Toru Hanai

"I apologize for undermining the trust of our customers," Saikawa said in July. At that time, Ghosn continued his family vacation without moving. It also clouded the relationship with Ghosn, who had been driving Nissan since 2001, and thus badumed those responsibilities. How many times Saikawa was important to him, he proved during his ten years as a member of the board of directors of Renault. In 2015, he went to Paris almost every month to fight like a lion against the French government's plan to increase its stake in Renault and double its voting rights. Saikawa has threatened to increase Nissan's share in Renault. In the end, the then Minister of Economic Affairs and current President Emmanuel Macron gave way.

The merger with Renault, which Ghosn would have projected, rejects Saikawa. When Ghosn did not rule out an option in the spring, Saikawa pointed out that Nissan must remain autonomous, in other words, Japanese. He will stay on this course. Once it is determined whether the Ghosn process is in place, Saikawa should badume the vacancy. Renault must adapt to difficult negotiations.

(Finance and economy)

Created: 27.11.2018, 15:23

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