Toshiaki Kitamura

Profile
Tenure
Jun 2010 – Jun 2018
Years in office
8.0 years
Name in Japanese
北村俊昭
Title at appointment
Representative Director, President
Performance in office
INPEX
Performance in office
FY2009FY2017Change
Revenue¥1.1trillion¥874.4billion−19%
Net margin13.5%5.3%−8.2pt
KurodaKitamuraUeda
Revenue¥1.2 trillionRevenue¥2.3 trillionRevenue¥2.2 trillionNet margin15%Net margin19.8%Net margin17.2%2005/122008/122013/122018/122023/12
Revenue¥1.2 trillionRevenue¥2.3 trillionRevenue¥2.2 trillionNet margin15%Net margin19.8%Net margin17.2%2005/122008/122013/122018/122023/12
API: /api/1605/financials_history.csv · /api/1605/financials/pl.json
Tenure

Tenure

Background

He entered the Ministry of International Trade and Industry in April 1972, becoming Director-General of the Trade and Economic Cooperation Bureau in July 2002, Director-General of the Trade Policy Bureau in June 2004 and Vice-Minister for International Affairs in July 2006. After retiring, he served as an adviser to Tokio Marine & Nichido Fire Insurance in November 2007 and joined INPEX Holdings as Executive Vice President and Executive Officer in August 2009.

Education: University of Tokyo, Faculty of Law, Course 1 (1972)

Selection

In June 2010 he succeeded Naoki Kuroda as President, a promotion ten months after joining as Executive Vice President and Executive Officer the previous August. The largest shareholder was the Minister of Economy, Trade and Industry, with an 18.94% stake as of the fiscal year ended March 2011. In the fiscal year ended March 2010, the year before he took office, consolidated net sales were ¥840.4 billion and ordinary profit ¥442.0 billion, down from ¥1,076.1 billion and ¥616.2 billion in FY ended March 2009.

Initiatives

In 2012 the company made the final investment decision on the Ichthys LNG project, with a total cost of US$34 billion. In 2015 it acquired an interest in the Abu Dhabi onshore oil fields (ADCO) under a 40-year contract. Consolidated net sales peaked at ¥1,334.6 billion in FY ended March 2014 and fell to ¥1,009.5 billion with net income of ¥16.7 billion in FY ended March 2016. The workforce grew from 1,870 in the year before he took office to 3,189 in FY ended March 2018.

Career

Career

Ministry of International Trade and Industry

Date Position
Apr 1972 Joined the ministry
Jul 2002 Director-General, Trade and Economic Cooperation Bureau
Jun 2004 Director-General, Trade Policy Bureau
Jul 2006 Vice-Minister for International Affairs

Tokio Marine & Nichido Fire Insurance

Date Position
Nov 2007 Advisor

INPEX

Date Position
Aug 2009 Executive Vice President, Executive Officer
Jun 2010 Representative Director, President
Jun 2018 Representative Director, Chairman
Jun 2018 Stepped down as President
References 1

References (Japanese primary sources)

  • 株式会社INPEX 有価証券報告書【役員の状況】