Yoshiro Obayashi
Profile
Performance in office
Tenure
Tenure
Background
He graduated from the architecture department of Tokyo Imperial University's Faculty of Engineering in March 1941 and joined Obayashi that April. A grandson of founder Yoshigoro Obayashi, he succeeded as the third President in 1943 after the death of his father, Yoshio Obayashi. He became President that November, at age 25 in his third year with the company. As of January 1958 he was also the largest shareholder with 19.63% of issued shares, so the founding family held both management and capital.
Selection
Shortly after capital was increased to ¥15 million in April 1943, he succeeded to the presidency following the death of Yoshio Obayashi. He was appointed while serving in the military, and no record shows how the successor was chosen. He thus inherited, in wartime, a business that had taken about 50 years from its founding to become the industry leader. In November 1943 he also became President of Naigai Mokuzai Kogyo.
Initiatives
His tenure lasted 46 years, during which non-consolidated net sales expanded from ¥34.7 billion in the fiscal year ended March 1959 to ¥944.7 billion in FY ended March 1989. He also became President of Naniwa Tochi in January 1955, Obayashi Road in November 1960 and Shock Beton Japan in January 1965, and Vice Chairman of the Overseas Construction Association of Japan in June 1961. After the first oil crisis, in FY ended March 1976, net sales fell from ¥526.9 billion to ¥425.4 billion and ordinary profit from ¥17.6 billion to ¥12.8 billion. In June 1989 he handed the presidency to Takao Tsumuro, who had no family ties to the Obayashis, and became Chairman.
Career
Career
Tokyo Imperial University
| Date | Position |
|---|---|
| Mar 1941 | 工学部建築科卒 (translation pending) |
Obayashi
| Date | Position |
|---|---|
| Apr 1941 | Joined |
| Nov 1943 | President |
| Jun 1989 | Stepped down as President |
Naigai Lumber Industries
| Date | Position |
|---|---|
| Nov 1943 | President |
西日本建設業保証 (translation pending)
| Date | Position |
|---|---|
| Oct 1952 | Director |
Naniwa Land
| Date | Position |
|---|---|
| Jan 1955 | President |
Obayashi Road
| Date | Position |
|---|---|
| Nov 1960 | President |
Osaka Construction Hall
| Date | Position |
|---|---|
| May 1962 | Director |
Shokkubeton Japan
| Date | Position |
|---|---|
| Jan 1965 | President |