Naoya Kakizoe

Profile
Tenure
Jun 2009 – Jun 2012
Years in office
3.0 years
Name in Japanese
垣添直也
Title at appointment
President, Executive Officer
Performance in office
Nissui
Performance in office
FY2009FY2012Change
Revenue¥505.2billion¥538.0billion+6%
Net margin-3.2%0.4%+3.6pt
KakizoeHosomi
Revenue¥552.8 billionRevenue¥635.9 billionNet margin1.7%Net margin2.2%2004/32007/32012/32017/3
Revenue¥552.8 billionRevenue¥635.9 billionNet margin1.7%Net margin2.2%2004/32007/32012/32017/3
Tenure

Tenure

Background

He joined Nissui in April 1961. He became a Director in June 1990, Managing Director in June 1993 and Representative Director and Senior Managing Director in June 1994, before being appointed Executive Vice President in June 1995. After 14 years as Executive Vice President, he became President and Executive Officer in June 2009, 48 years after joining the company.

Education: Tokyo Metropolitan Shinjuku High School (1957)

Selection

He became President and Executive Officer in June 2009. In the fiscal year ended March 2009, the year before he took office, the company posted an ordinary loss of ¥1.2 billion and a net loss of ¥16.2 billion on consolidated net sales of ¥505.2 billion. Sales had fallen for two straight years from ¥552.8 billion in FY ended March 2007. The appointment appears to have entrusted the cleanup of the losses to the company's most senior insider, who had served 14 years as Executive Vice President.

Initiatives

In his first fiscal year, ended March 2010, consolidated net sales were ¥481.5 billion and operating profit ¥6.2 billion, and the bottom line recovered from the previous year's ¥16.2 billion loss to roughly break-even. In FY ended March 2011 sales were ¥494.2 billion with a net loss of ¥0.9 billion, and in his final year, ended March 2012, sales were ¥538.0 billion, operating profit ¥9.6 billion and net income ¥2.0 billion. Over his three years, sales surpassed the pre-appointment level of ¥505.2 billion, but operating profit peaked at only ¥9.6 billion.

Career

Career

Nissui

Date Position
Apr 1961 Joined
Jun 1990 Director
Jun 1993 Managing Director
Jun 1994 Representative Director, Senior Managing Officer
Jun 1995 Executive Vice President
Jun 2009 President, Executive Officer
Jun 2012 Stepped down as President
References 1

References (Japanese primary sources)

  • ニッスイ 有価証券報告書【役員の状況】