Hiroshi Yamazaki

Profile
Tenure
Nov 1974 – Apr 1999
Years in office
24.4 years
Name in Japanese
山崎完
Title at appointment
President
Performance in office
Sumitomo Forestry
Performance in office
FY1973FY1998Change
Revenue¥94.8billion¥713.7billion+653%
Net margin2.1%0.3%−1.8pt
YasudaYamazakiYano
Revenue¥127.4 billionRevenue¥218.7 billionRevenue¥647.9 billionRevenue¥673.8 billionNet margin0.5%Net margin0.3%Net margin1.7%Net margin1.5%1969/121974/121979/121984/121989/121994/121999/122004/12
Revenue¥127.4 billionRevenue¥218.7 billionRevenue¥647.9 billionRevenue¥673.8 billionNet margin0.5%Net margin0.3%Net margin1.7%Net margin1.5%1969/121974/121979/121984/121989/121994/121999/122004/12
Tenure

Tenure

Background

Born in Tokyo in 1914, he graduated from the University of Tokyo's Faculty of Law in March 1939 and joined Sumitomo Mining that April. He became a Director of Sumitomo Metal Mining in November 1965 and its Managing Director in May 1969, and moved to Sumitomo Forestry as Senior Managing Director in November 1972. His time at Sumitomo Forestry began with two years as Senior Managing Director; the 33 years before that were spent at the mining company.

Education: University of Tokyo, Faculty of Law (1939)

Selection

In November 1974 he succeeded Katsumi Yasuda as President. Yasuda stepped back to Chairman that month and became Director and senior adviser in May 1976. Yamazaki had moved to Sumitomo Forestry only two years earlier, in November 1972, and served just two years as Senior Managing Director. Kenjiro Kawakami, President of Sumitomo Metal Mining, had also been a Director of Sumitomo Forestry since November 1968, and officers moved between the two companies. This change, too, appears to have rested on the ties with Sumitomo Metal Mining.

Initiatives

In October 1975 the company established Sumirin Housing Sales in Tokyo and Osaka and entered the custom-built housing business. In April 1977 it established Sumirin Ryokka, expanding into landscaping and greening. Net sales grew from ¥104.4 billion in the fiscal year ended September 1975 to ¥182.4 billion in FY ended September 1979, and ordinary profit from ¥0.3 billion to ¥2.2 billion. This was the period when a company selling timber and building materials took on its own business of contracting and building houses.

Career

Career

Sumitomo Metal Mining

Date Position
Apr 1939 Joined Sumitomo Mining
Nov 1965 Director
May 1969 Managing Director

Sumitomo Forestry

Date Position
Nov 1972 Senior Managing Director
Nov 1974 President
References 2

References (Japanese primary sources)