Yutaka Narita
Profile
Performance in office
Tenure
Tenure
Background
He joined Yakult Honsha in April 1974 and became a Director in June 2007, 33 years after joining. He became Managing Director in June 2010 and Director and Senior Managing Executive Officer in June 2015, and after six years as Senior Managing Executive Officer became President. It took 14 years from joining the board to the presidency and 47 years from joining, and he is a career employee whose biography in the annual securities reports shows no work or officer posts at other companies.
Selection
In June 2021 he succeeded Takashige Negishi as Representative Director and President. In the fiscal year ended March 2021, the year before he took office, consolidated net sales fell to ¥385.7 billion from ¥406.0 billion the previous year, and operating profit fell from ¥45.7 billion to ¥43.7 billion. As of the fiscal year ended March 2016, the largest shareholder was a Danone-affiliated name with a 20.02% stake, so this was the promotion of a career employee while foreign capital held a significant share.
Initiatives
In his second year, the fiscal year ended March 2023, the company posted consolidated net sales of ¥483.1 billion, ordinary profit of ¥78.0 billion and net income of ¥50.6 billion, adding ¥97.4 billion in sales in two years from ¥385.7 billion in the year before he took office. In FY ended March 2024 net sales grew to ¥503.1 billion and ordinary profit to ¥79.3 billion. After that, net sales were ¥499.7 billion and operating profit ¥55.4 billion in FY ended March 2025, and ¥486.4 billion and ¥45.2 billion in FY ended March 2026, two straight years of declining sales and profit.
Career
Career
Yakult Honsha
| Date | Position |
|---|---|
| Apr 1974 | Joined |
| Jun 2007 | Director |
| Jun 2010 | Managing Director |
| Jun 2015 | Director, Senior Managing Executive Officer |
| Jun 2021 | Representative Director, President |
References 1
References (Japanese primary sources)
- ヤクルト本社 有価証券報告書【役員の状況】