Taizo Hirose

Profile
Tenure
Aug 2012 – Present
Years in office
14.2 years
Name in Japanese
廣瀨泰三
Title at appointment
Representative Director, President
Performance in office
Create SD Holdings
Performance in office
FY2012FY2026Change
Revenue¥169.8billion¥497.1billion+193%
Net margin2.8%3.4%+0.6pt
Hirose
Revenue¥231.9 billionRevenue¥497.1 billionNet margin4%Net margin3.4%2007/52011/52016/52021/52026/5
Revenue¥231.9 billionRevenue¥497.1 billionNet margin4%Net margin3.4%2007/52011/52016/52021/52026/5
Tenure

Tenure

Background

He founded Koei Drug in December 1990 and served as its Representative Director and President. In January 2007 he moved to Sumisho Drugstores and became its Representative Director and President in October that year. He joined Create SD in June 2011, becoming a Director two months later in August and Director and Executive Vice President in February 2012. He was an outsider brought in after running two drugstore companies.

Selection

In August 2012, a year and two months after joining, he became Representative Director and President. He had not risen through the company, and even his board appointment came two months after joining. The shares were held by individuals: in the FY ended May 2009 the top three shareholders were Yohei Yamamoto at 27.73%, Hisao Yamamoto at 25.94% and Itsuko Yamamoto at 9.69%. It was a change that left ownership with individual shareholders while handing management alone to someone from outside.

Initiatives

In the FY ended May 2012, the year before he took office, consolidated net sales were ¥169.8 billion and operating income ¥9.1 billion. They grew to ¥231.9 billion and ¥14.0 billion in the FY ended May 2016 and ¥319.6 billion and ¥17.8 billion in the FY ended May 2020, reaching ¥457.1 billion in sales and ¥22.6 billion in operating income in the FY ended May 2025. Over 13 periods, sales grew 2.7 times and operating income 2.5 times.

Career

Career

Koei Drug

Date Position
Dec 1990 Representative Director, President (at founding)

Sumisho Drugstores

Date Position
Jan 2007 Representative Director, Executive Vice President
Oct 2007 Representative Director, President

Kurieitoesu Di

Date Position
Jun 2011 Joined
Aug 2011 Director
Feb 2012 Executive Vice President
Aug 2012 Representative Director, President
References 1

References (Japanese primary sources)

  • クリエイトSDホールディングス 有価証券報告書【役員の状況】