Nobuhisa Ikawa

Profile
Tenure
Apr 2023 – Apr 2026
Years in office
3.0 years
Name in Japanese
井川伸久
Title at appointment
Representative Director, President
Performance in office
NH Foods
Performance in office
FY2023FY2026Change
Revenue¥1.3trillion¥1.5trillion+16%
Net margin1.3%2.4%+1.1pt
SuezawaHataIkawaMaeda
Revenue¥1.5 trillionNet margin2.4%2018/32021/32026/3
Revenue¥1.5 trillionNet margin2.4%2018/32021/32026/3
Tenure

Tenure

Background

He joined Nippon Meat Packers in April 1985 and advanced to Executive Officer in April 2015, Director and Managing Executive Officer in June 2018, and Representative Director and Senior Managing Executive Officer in April 2020. He became Representative Director and Executive Vice President in April 2021 and headed the corporate planning headquarters from April 2022. It took him 30 years from joining to become an executive officer and eight more years to reach the presidency.

Education: Kansai University, Faculty of Law, Political Science

Selection

In April 2023 he succeeded Yoshihide Hata as president. In the fiscal year ended March 2023, the year before he took office, consolidated net sales rose to ¥1,259.7 billion, but income before income taxes fell 57% to ¥22.2 billion from ¥51.8 billion the previous year, and net income dropped from ¥48.0 billion to ¥16.6 billion. Right after a year in which profit more than halved, the executive vice president who also headed corporate planning took over.

Initiatives

He began a structural reform in his first year, calling for a shift away from doing everything in-house. He instructed the front lines to review the product portfolio by ending production and sales of unprofitable products, and made improving business profit the top priority. Consolidated income before income taxes recovered from ¥22.2 billion in the year before he took office to ¥40.6 billion in the FY ended March 2024 and ¥37.2 billion in the FY ended March 2025, and operating income in the FY ended March 2026, his final year, was ¥54.5 billion. Consolidated headcount fell from 17,168 in the FY ended March 2021 to 15,429 in the FY ended March 2024.

Career

Career

NH Foods

Date Position
Apr 1985 Joined
Apr 2015 Executive Officer
Apr 2018 Managing Executive Officer
Jun 2018 Director, Managing Executive Officer
Apr 2020 Representative Director, Senior Managing Executive Officer
Apr 2021 Representative Director, Executive Vice President
Apr 2023 Representative Director, President
Apr 2026 Stepped down as President
References 1

References (Japanese primary sources)

  • 日本ハム 有価証券報告書(役員の状況)