Suguru Miyake
Profile
Performance in office
Tenure
Tenure
Background
He joined Olivetti Japan in April 1977, the same company from which founder Yasuhiro Wakebayashi came. He moved to Nihon M&A Center in September 1991, becoming a Director the following June, Senior Managing Director in May 1995, Executive Vice President in June 2002 and Representative Director and Executive Vice President in June 2006. Among major shareholders in the fiscal year ended March 2011, Wakebayashi held 17.81% and Miyake 17.74%, a stake nearly equal to the founder's.
Selection
In June 2008 he succeeded founder Yasuhiro Wakebayashi as Representative Director and President, with Wakebayashi moving to Representative Director and Chairman the same month. The promotion came 17 years after joining and two years as Representative Director and Executive Vice President. In the fiscal year ended March 2008, the year before he took office, consolidated net sales were ¥3.4 billion and ordinary profit ¥1.5 billion, and in his first year, FY ended March 2009, sales rose to ¥4.0 billion and ordinary profit to ¥1.7 billion, so the change appears not to have been prompted by deteriorating results.
Initiatives
During his tenure, consolidated net sales grew twelvefold from ¥4.0 billion in FY ended March 2009 to ¥50.3 billion in FY ended March 2026. After reaching ¥40.4 billion in FY ended March 2022, ordinary profit in FY ended March 2023 was ¥15.5 billion, below the previous year's ¥16.9 billion, and in FY ended March 2025 net sales of ¥44.0 billion fell below the previous year's ¥44.1 billion, a turn to declining revenue. In April 2024 he also became Representative Director and Chairman of the core subsidiary Nihon M&A Center, while remaining Representative Director and President of the holding company.
Career
Career
Olivetti Japan
| Date | Position |
|---|---|
| Apr 1977 | Joined |
Nihon M&A Center Holdings
| Date | Position |
|---|---|
| Sep 1991 | Joined |
| Jun 1992 | Director |
| May 1995 | Senior Managing Director |
| Jun 2002 | Executive Vice President |
| Jun 2006 | Representative Director, Executive Vice President |
| Jun 2008 | Representative Director, President |
| Apr 2024 | 中核子会社・日本M&Aセンター代表取締役会長(持株会社の代表取締役社長は継続) (translation pending) |
References 1
References (Japanese primary sources)
- 日本M&Aセンター 有価証券報告書【役員の状況】