Kotaro Sawada

Profile
Tenure
Sep 2019 – Present
Years in office
7.1 years
Name in Japanese
澤田宏太郎
Title at appointment
Representative Director, President and CEO
Performance in office
ZOZO
Performance in office
FY2019FY2026Change
Revenue¥118.4billion¥228.4billion+93%
Net margin13.5%21%+7.5pt
MaezawaSawada
Revenue¥54.4 billionRevenue¥228.4 billionNet margin22.1%Net margin21%2014/32016/32021/32026/3
Revenue¥54.4 billionRevenue¥228.4 billionNet margin22.1%Net margin21%2014/32016/32021/32026/3
Tenure

Tenure

Background

He joined NTT Data in April 1994, moved to NTT Data Institute of Management Consulting in April 1998 and to Skylight Consulting in June 2005. He joined the group in May 2008 as Representative Director of Start Today Consulting, and became a Director of ZOZO in June 2013. He is not from the founding family, and his name does not appear among the top ten shareholders in the FY ended March 2016.

Education: Waseda University, School of Science and Engineering

Selection

In September 2019 he succeeded Yusaku Maezawa as Representative Director, President and CEO. It was the first change from the founder as representative in the 21 years since the company's founding in May 1998. In the FY ended March 2019, the year before he took office, sales rose to ¥118.4 billion but operating income fell from ¥32.7 billion the previous year to ¥25.7 billion. Z Holdings had launched a tender offer that same year, and the change appears to have been one in which the founder gave up both his shareholding and management.

Initiatives

After he took office, consolidated net sales rose from ¥125.5 billion in the FY ended March 2020 to ¥228.4 billion in the FY ended March 2026, operating income from ¥27.9 billion to ¥69.4 billion, and the operating margin from 22% to 30%. The workforce grew from 1,158 in the FY ended March 2020 to 1,555 in the FY ended March 2023. In August 2022 he also became Representative Director and CEO of group company ZOZO NEXT.

Career

Career

NTT Data

Date Position
Apr 1994 Joined
Apr 1998 Management Laboratory, NTT Data

Sukairaito Consulting

Date Position
Jun 2005 Joined

Sutatotudei Consulting

Date Position
May 2008 Representative Director

ZOZO

Date Position
Jun 2013 Director
Sep 2019 Representative Director, President and CEO

ZOZO NEXT

Date Position
Aug 2022 Representative Director, CEO
References 1

References (Japanese primary sources)

  • ZOZO 有価証券報告書【役員の状況】