Toshihiko Sugie
Profile
Performance in office
Tenure
Tenure
Background
He joined Isetan in April 1983. He became an Executive Officer in April 2009, 26 years after joining. He moved to Executive Officer of Isetan Mitsukoshi Holdings in April 2011, then became Director and Managing Executive Officer in June 2012 and Director and Senior Managing Executive Officer in April 2016. It was one year from his senior managing post to the presidency.
Selection
In April 2017 he succeeded Hiroshi Onishi as Representative Director, President and Executive Officer. In the FY ended March 2017, the year before he took office, sales were ¥1,253.4 billion, operating income ¥23.9 billion and net income ¥14.9 billion, all down from ¥1,287.2 billion, ¥33.1 billion and ¥26.5 billion the previous year. He was promoted from Director and Senior Managing Executive Officer, taking office in his 34th year since joining Isetan.
Initiatives
In the FY ended March 2018, his first year, sales were ¥1,256.3 billion and operating income ¥24.4 billion, with a net loss of ¥0.9 billion. Operating income recovered to ¥29.2 billion in the FY ended March 2019 but fell to ¥15.7 billion in the FY ended March 2020. In June 2020 his title changed to Director, Representative Executive Officer, President and CEO. In the FY ended March 2021, his final year, the company recorded sales of ¥816.0 billion, an operating loss of ¥21.0 billion and a net loss of ¥41.0 billion.
Career
Career
Isetan
| Date | Position |
|---|---|
| Apr 1983 | Joined |
| Apr 2009 | Executive Officer |
Isetan Mitsukoshi Holdings
| Date | Position |
|---|---|
| Apr 2011 | Executive Officer |
| Jun 2012 | Director, Managing Executive Officer |
| Apr 2016 | Director, Senior Managing Executive Officer |
| Apr 2017 | Representative Director, President, Executive Officer |
| Jun 2020 | Director, Representative Corporate Executive Officer, President, CEO |
| Apr 2021 | Stepped down as President |
References 1
References (Japanese primary sources)
- 三越伊勢丹ホールディングス 有価証券報告書【役員の状況】