Akimitsu Sano
Profile
Performance in office
Tenure
Tenure
Background
He is the founder, who established Coin Ltd. in October 1997 and launched a cooking recipe site. He became Representative Director in September 2004, Representative Executive Officer and Director in July 2007, and from July 2010 served as Representative Executive Officer and President. Among major shareholders in the fiscal year ended April 2011, he was the largest with 53.61%, holding a majority on his own. Control of management and the backing of capital were combined in one person.
Selection
When he became President as Representative Executive Officer and Director in July 2007, net sales for the fiscal year ended April 2007, just closed, were ¥0.3 billion and net income ¥62 million. After stepping down as President in May 2012 he remained at the company as a Director. When he returned as Representative Executive Officer in October 2023, the company had posted operating losses of ¥2.6 billion in FY ended December 2021 and ¥3.5 billion in FY ended December 2022. It was a generation in which the founder, still the major shareholder, returned to a company with continuing losses.
Initiatives
A company with consolidated net sales of ¥0.3 billion in FY ended April 2007 had, by FY ended April 2012 before he stepped down, non-consolidated net sales of ¥3.9 billion and operating profit of ¥1.9 billion. In FY ended December 2023, when he returned, consolidated net sales were ¥7.6 billion with an operating loss of ¥2.8 billion, a third straight year of losses. The following year, FY ended December 2024, the company returned to profit with consolidated net sales of ¥5.8 billion and operating profit of ¥0.7 billion, with sales a third of the peak of ¥16.8 billion in FY ended December 2016. His tenure appears to have chosen restoring profitability over pursuing scale.
Career
Career
Cookpad
| Date | Position |
|---|---|
| Oct 1997 | Founded |
| Sep 2004 | Representative Director |
| Jul 2007 | Representative Corporate Executive Officer and Director |
| Jul 2010 | Representative Corporate Executive Officer, President |
| May 2012 | Director and Corporate Executive Officer |
| May 2012 | Stepped down as President |
| Jul 2012 | Director |
| Oct 2023 | Representative Corporate Executive Officer |
References 2
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】
- クックパッド株式会社 有価証券報告書【沿革】