Kazuhiro Saito

Profile
Tenure
Mar 2019 – Mar 2023
Years in office
4.0 years
Name in Japanese
齋藤和弘
Title at appointment
Representative Director, President
Performance in office
Suntory Beverage & Food
Performance in office
FY2018FY2022Change
Revenue¥1.3trillion¥1.5trillion+12%
Net margin6.2%5.7%−0.5pt
ToriiOgoSaitoOnoKimura
Revenue¥1.4 trillionRevenue¥1.7 trillionNet margin3.1%Net margin5.2%2015/122020/122025/12
Revenue¥1.4 trillionRevenue¥1.7 trillionNet margin3.1%Net margin5.2%2015/122020/122025/12
Tenure

Tenure

Background

He joined Suntory in April 1979 and became deputy head of its foods division in September 2005. In April 2009 he became Managing Director of the new company that inherited the beverage and food business and Executive Officer of Suntory Holdings. From January 2011 he was Executive Vice President of Suntory (China) Holding and head of its China foods business, and its president from April 2014. He returned to the parent in April 2015 in charge of corporate planning and as head of finance and accounting, and from April 2016 also served as CEO of Suntory Beverage & Food Asia Pte. Ltd.

Education: Waseda University, Faculty of Law (1979)

Selection

In March 2019 he succeeded Saburo Kogo as Representative Director and President. For the previous three years he had run the Southeast Asian business as CEO of Suntory Beverage & Food Asia Pte. Ltd., and before that had been president of the operating company in China. The change brought back to the parent someone who had been entrusted with one overseas operating company after another. The parent Suntory Holdings held a majority of the voting rights, with a 59.48% stake in the FY ended December 2015.

Initiatives

His tenure coincided with the COVID-19 pandemic, and in the FY ended December 2020 revenue fell to ¥1,178.1 billion and operating income to ¥96.2 billion. They recovered to ¥1,268.9 billion and ¥118.6 billion in the FY ended December 2021 and ¥1,450.4 billion and ¥139.7 billion in the FY ended December 2022. In December 2020 the head office moved from Chuo Ward to Minato Ward in Tokyo. In January 2022 two Directors and Executive Vice Presidents were named CEO of SBF Japan and CEO of SBF International, separating the chains of command for Japan and overseas.

Career

Career

Suntory

Date Position
Apr 1979 Joined
Sep 2005 Deputy Division General Manager, Food Division

Suntory Beverage & Food

Date Position
Apr 2009 Managing Director
Mar 2015 Managing Executive Officer
Apr 2015 in charge of Corporate Planning Headquarters, General Manager, Finance and Accounting Headquarters
Apr 2016 Standing Advisor
Mar 2019 Representative Director, President
Mar 2023 Stepped down as President

Suntory Holdings Limited

Date Position
Apr 2009 Executive Officer

Suntory Holdings Limited Co., Ltd.

Date Position
Jan 2011 Executive Vice President
Jan 2011 General Manager, China Food Division
Apr 2014 President
Apr 2014 中国ビール・黄酒事業部長 (translation pending)

Suntory Beverage & Food Asia Pte. Ltd.

Date Position
Apr 2016 CEO
References 1

References (Japanese primary sources)

  • サントリー食品インターナショナル 有価証券報告書【役員の状況】(2021年12月期)