Takayuki Ueda
Profile
Performance in office
Tenure
Tenure
Background
He entered the Ministry of International Trade and Industry in April 1980 and served as Director-General of the Minister's Secretariat in July 2010, Commissioner of the Agency for Natural Resources and Energy in June 2013 and Vice-Minister for International Affairs in July 2015. He joined INPEX as a part-time special counselor in April 2017 and became Executive Vice President and Executive Officer that August. The first President, Naoki Kuroda, had also become President after serving as Commissioner of the Agency for Natural Resources and Energy. The largest shareholder in the fiscal year ended March 2016 was the Minister of Economy, Trade and Industry, with 18.94%.
Selection
In June 2018 he succeeded Toshiaki Kitamura as Representative Director and President. The promotion came one year and two months after he joined in April 2017; he was not a career insider. In the fiscal year ended March 2018, the year before he took office, net sales were ¥933.7 billion and operating profit ¥357.4 billion, but net income was only ¥40.3 billion, continuing a low run after ¥16.7 billion in FY ended March 2016 and ¥46.1 billion in FY ended March 2017. At a time when falling resource prices had thinned profits, the company again turned to a former energy official.
Initiatives
In the fiscal year ended December 2020, net sales fell from ¥1 trillion the previous year to ¥771.0 billion, and the company posted a net loss of ¥111.6 billion. In April 2021 it changed its name from INPEX Corporation (Kokusai Sekiyu Kaihatsu Teiseki) to INPEX CORPORATION. In FY ended December 2022 it posted net sales of ¥2,324.6 billion, operating profit of ¥1,503.7 billion and net income of ¥461.0 billion, and in FY ended December 2025 it still secured net sales of ¥2,011.3 billion, operating profit of ¥1,135.4 billion and net income of ¥393.8 billion.
Career
Career
Ministry of International Trade and Industry
| Date | Position |
|---|---|
| Apr 1980 | Joined the ministry |
| Jul 2010 | Director-General of the Minister's Secretariat |
| Jun 2013 | Director-General, Agency for Natural Resources and Energy |
| Jul 2015 | Vice-Minister for International Affairs |
INPEX
| Date | Position |
|---|---|
| Apr 2017 | Part-time, Special Executive Advisor |
| Aug 2017 | Executive Vice President, Executive Officer |
| Jun 2018 | Representative Director, President |
References 1
References (Japanese primary sources)
- 株式会社INPEX 有価証券報告書【役員の状況】