AutoBeta(AutoBeta.net)06/23 Report--

According to foreign media reports, Hiroto Saikawa, the current CEO of Nissan, will be questioned by the board of directors for two days next Monday on suspicion of financial irregularities and buying a house in Tokyo in violation of company regulations.

It is reported that the doubts against Xichuan Guang people mainly lie in two aspects: "whether to make a profit from the illegal sale of the company's shares" and "whether Nissan is authorized to buy property by installments".

Earlier, Greg Kelly, a former representative director of Nissan, revealed in an interview in Japan that Hiroshi Nishikawa violated the rules when selling compensation-linked shares in 2013, changing the execution date of the stock from May 14 to May 22, during which Nissan shares rose about 10% and expected an extra profit of 47 million yen. At the same time, Hiroshi Nishikawa is also suspected of using company funds to buy houses. Nishikawa Guang denied this, saying that the money he bought was "clean".

Since Ghosn's arrest, the management ability of Nissan management has been questioned, coupled with the sales outlook and other factors, Standard & Poor's rating company has recently downgraded Nissan's debt rating from A to A -.

Hiroshi Nishikawa's leadership has been called into question, but Nissan's management board recommended that he remain as chief executive. Mr Nishikawa initially said he planned to resign once Nissan's governance improved, but then he changed his mind and said he would continue to take responsibility for Mr Ghosn's unregulated management.

Nissan and Renault have been allied for nearly 20 years. Renault owns a 43.4% stake in Nissan and has a lot of control over Nissan. Nissan owns only 15% of Renault and does not have the right to vote. After Ghosn's arrest, tensions between the two sides became public.

Earlier, Renault chairman Jean-Dominic Jean-Dominique Senard had repeatedly proposed a further merger with Nissan, which was rejected by Hiroshi Nishikawa. This means that the relationship between the two has deteriorated to a new low and is once again in danger. The Japanese executive is under more pressure as Nissan's relationship with its partner Renault deteriorates.

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