Yoshiteru Akita

Profile
Tenure
May 2012 – Mar 2016
Years in office
3.8 years
Name in Japanese
穐田誉輝
Title at appointment
Representative Corporate Executive Officer
Performance in office
Cookpad
Performance in office
FY2011FY2015Change
Revenue¥3.2billion¥13.3billion+316%
Net margin25%30.1%+5.1pt
SanoAkitaIwata
Revenue¥3.2 billionRevenue¥10.0 billionNet margin25%Net margin-23%2007/122011/122016/122021/12
Revenue¥3.2 billionRevenue¥10.0 billionNet margin25%Net margin-23%2007/122011/122016/122021/12
Tenure

Tenure

Background

He joined JAFCO in April 1993 and, after working at Jack, became Representative Director of ICP in September 1999. He became a Director of Kakaku.com in May 2000 and its Representative Director and President in December 2001, stepping back to Director and senior adviser in June 2006. He joined Cookpad as a Director in July 2007. Among major shareholders in the fiscal year ended April 2011, he was second with 17.79%. Though an executive from outside, he also had a shareholding base.

Education: Aoyama Gakuin University, Faculty of Economics
Education: Keio University, Graduate School of Law, Master's Program

Selection

In May 2012 he succeeded founder Akimitsu Sano as Representative Executive Officer. The promotion came after nearly five years as a Director from July 2007, so he was not brought in from outside. In the fiscal year ended April 2012, which closed just before he took office, non-consolidated net sales were ¥3.9 billion and operating profit ¥1.9 billion, continuing growth in both, so the change was not for a turnaround. The appointment appears to have valued his experience leading Kakaku.com as President.

Initiatives

During his tenure the company acquired overseas recipe services and pursued diversification beyond cooking recipes. Consolidated net sales grew from ¥6.5 billion in the fiscal year ended April 2014 to ¥13.7 billion in FY ended December 2015, and operating profit to ¥6.5 billion. The fiscal year-end was changed from April to December during this period, so the periods on either side of FY ended December 2014 are not the same length and cannot be compared directly. In FY ended December 2016, which included his departure in March 2016, consolidated net sales were ¥16.8 billion while operating profit fell to ¥5.0 billion.

Career

Career

JAFCO

Date Position
Apr 1993 Joined

Jakku

Date Position
Apr 1996 Joined

ICP

Date Position
Sep 1999 Representative Director

Kakaku.com

Date Position
May 2000 Director
Dec 2001 Representative Director, President
Jun 2006 Director, Senior Advisor

Cookpad

Date Position
Jul 2007 Director
May 2012 Representative Corporate Executive Officer
Mar 2016 Director and Corporate Executive Officer
Mar 2016 Stepped down as President

Minnanowedingu

Date Position
Jul 2015 Chairman
References 1

References (Japanese primary sources)

  • クックパッド株式会社 有価証券報告書【役員の状況】