Yutaka Kase
Profile
Performance in office
Tenure
Tenure
Background
He joined Nissho Iwai in May 1970 and spent 42 years with the company until moving to Representative Director and Chairman in April 2012. He became Executive Officer in June 2001 and advanced to Director and Managing Executive Officer in April 2003 and Representative Director and Senior Managing Executive Officer in April 2004. After three years as a senior managing executive with representative authority, he became Representative Director, President and CEO in April 2007. It took five years and ten months from becoming an executive officer to the presidency.
Selection
In April 2007 he succeeded Akio Dobashi as Representative Director, President and CEO. In the fiscal year ended March 2007, the year before he took office, consolidated net sales were ¥5,218.1 billion and net income ¥58.7 billion, the second straight profitable year after a net loss of ¥412.4 billion in the FY ended March 2005. The change came right after the loss write-offs were completed, and the person chosen had overseen the three years since the integration as Representative Director and Senior Managing Executive Officer.
Initiatives
In the FY ended March 2008, his second year, consolidated net sales grew to ¥5,771.0 billion, operating income to ¥92.4 billion and net income to ¥62.6 billion. After the Lehman shock, in the FY ended March 2010, net sales fell to ¥3,844.4 billion and net income to ¥8.7 billion. Throughout his tenure he continued reducing interest-bearing debt and fusing the organizations of the former Nissho Iwai and the former Nichimen. In the FY ended March 2012, his final year, net sales were ¥4,494.2 billion and income before income taxes ¥58.5 billion, with a net loss of ¥3.6 billion.
Career
Career
Sojitz
| Date | Position |
|---|---|
| May 1970 | Joined Nissho Iwai |
| Jun 2001 | Executive Officer |
| Apr 2003 | Director, Managing Executive Officer |
| Apr 2004 | Representative Director, Senior Managing Executive Officer |
| Apr 2007 | Representative Director, President, CEO |
| Apr 2012 | Representative Director, Chairman |
| Apr 2012 | Stepped down as President |
Astellas Pharma
| Date | Position |
|---|---|
| Jun 2013 | Outside Director |
References 2
References (Japanese primary sources)
- 双日 有価証券報告書（2008年3月期）【役員の状況】
- 双日 有価証券報告書【役員の状況】