Norio Wakimura
Profile
Performance in office
Tenure
Tenure
Background
He graduated from the architecture department of Kyoto University's Faculty of Engineering in March 1962 and joined Obayashi that April. He became Hokuriku branch manager in July 1991, Director and Nagoya branch manager in June 1993, Managing Director in June 1995 and Senior Managing Director and head of sales in June 1997. He headed the building division from June 1999, became Executive Vice President in June 2001 and head of the building headquarters in April 2002, and became President in June 2005, in his 43rd year with the company. He is a career employee from the building side who served as a branch manager and head of the building division.
Selection
In June 2005 he was promoted from Executive Vice President to President. In the fiscal year ended March 2005, the year before he took office, consolidated net sales were ¥1,404.6 billion and ordinary profit ¥52.6 billion, up 25% from ¥41.9 billion the previous year. Whereas Takeo Obayashi, who served as Chairman at the same time, became a Director six years after joining in April 1977, Wakimura joined the board in 1993, 31 years after joining. It appears to have been a division of roles, with the founding family in the chairman's seat and a career builder serving as President.
Initiatives
His tenure lasted two years from June 2005, during which consolidated net sales grew 12% from ¥1,404.6 billion in FY ended March 2005 to ¥1,567.9 billion in FY ended March 2007. The company posted operating profit of ¥46.7 billion and net income of ¥34.4 billion in FY ended March 2006, and operating profit of ¥47.5 billion and net income of ¥40.6 billion in FY ended March 2007. Among shareholders in FY ended March 2006, Japan Trustee Services Bank (10.76%) and The Master Trust Bank of Japan (7.11%) ranked at the top, and the largest individual holding was Takeo Obayashi's 3.68%.
Career
Career
Kyoto University
| Date | Position |
|---|---|
| Mar 1962 | 工学部建築学科卒 (translation pending) |
Obayashi
| Date | Position |
|---|---|
| Apr 1962 | Joined |
| Jul 1991 | General Manager, Hokuriku Branch |
| Jun 1993 | Director, General Manager, Nagoya Branch |
| Jun 1995 | Managing Director |
| Jun 1997 | Senior Managing Director, General Manager, Sales Headquarters |
| Jun 1999 | General Manager, Building Business Headquarters |
| Jun 2001 | Executive Vice President |
| Apr 2002 | General Manager, Building Headquarters |
| Jun 2005 | President |
| Jun 2007 | Stepped down as President |
References 1
References (Japanese primary sources)
- 大林組 有価証券報告書【役員の状況】（2006年3月期）