Koji Hamawaki

Profile
Tenure
Feb 2022 – Sep 2023
Years in office
1.6 years
Name in Japanese
浜脇浩次
Title at appointment
Representative Director, President, Executive Officer
Performance in office
Nextage
Performance in office
FY2021FY2022Change
Revenue¥291.3billion¥418.1billion+44%
Net margin3.3%3.3%±0.0pt
HirotaHamawakiHirota
Revenue¥652.1 billionNet margin2%2017/112020/112025/11
Revenue¥652.1 billionNet margin2%2017/112020/112025/11
Tenure

Tenure

Background

He joined Big Motor in April 1993, became Managing Director in June 2004 and Representative Director and President of Big Shunan in December that year. He became a Director of Hanaten in June 2005 and Senior Managing Director and General Manager of Sales in June 2008, leading used car sales organizations. In February 2016 he joined Nextage as Director and Executive Vice President, and in March 2017 also became Director and President of group company NEW.

Selection

In February 2022 he took over the presidency from founder Yasuharu Hirota. It was a promotion from Director and Executive Vice President six years after joining Nextage. In the FY ended November 2021, just before he took office, consolidated net sales were ¥291.3 billion and operating income ¥13.6 billion, operating income having doubled from ¥6.8 billion on sales of ¥241.1 billion the year before. Yasuharu Hirota moved to Representative Director and Chairman, so the founder stayed on as Chairman.

Initiatives

In the FY ended November 2022, after he took office, consolidated net sales were ¥418.1 billion, operating income ¥19.4 billion and net income ¥13.9 billion, all above the previous year's ¥291.3 billion, ¥13.6 billion and ¥9.7 billion. In the following FY ended November 2023 sales rose to ¥463.5 billion, while operating income fell to ¥16.1 billion and net income to ¥11.6 billion. In September 2023 he stepped down as President, and Yasuharu Hirota returned as Chairman and President. His tenure lasted a year and seven months, and the facts from his time in office traceable in the annual securities reports are limited to results for these two periods.

Career

Career

Nextage

Date Position
Apr 1993 Joined Biggu Motor
Jun 2004 Managing Director
Dec 2004 株式会社ビッグ周南代表取締役社長就任 (translation pending)
Jun 2005 Director, Hanaten
Jun 2008 Senior Managing Director, General Manager, Sales Headquarters
Feb 2016 Executive Vice President
Mar 2017 President, NEW
Jun 2018 Director, NEW
Feb 2022 Representative Director, President, Executive Officer
Feb 2022 Representative Director, Chairman, ASAP
Feb 2022 Representative Director, Chairman, Yunibasurentaka
Sep 2023 Stepped down as President

Ueinzuinpoto

Date Position
Jun 2018 Director
References 1

References (Japanese primary sources)

  • ネクステージ 有価証券報告書【役員の状況】