Katsuhiko Hirai

Profile
Tenure
Jun 1997 – Jun 2002
Years in office
5.0 years
Name in Japanese
平井克彦
Title at appointment
President
Performance in office
Toray Industries
Performance in office
FY1997FY2002Change
Revenue¥1.0trillion¥1.0trillion−3%
Net margin2.2%0.4%−1.8pt
MaedaHiraiSakakibara
Revenue¥1.0 trillionRevenue¥1.5 trillionNet margin2.2%Net margin3.8%1992/31997/32002/32007/3
Revenue¥1.0 trillionRevenue¥1.5 trillionNet margin2.2%Net margin3.8%1992/31997/32002/32007/3
Tenure

Tenure

Background

Born in Aichi Prefecture in June 1939, he graduated from the Faculty of Economics at the University of Tokyo in 1962 and joined Toray. He became Senior Managing Director in 1996 and was promoted to President the following year. It took him 34 years from joining to Senior Managing Director, and one year from there to President.

Education: University of Tokyo, Faculty of Economics (1962)

Selection

In June 1997 he took over the presidency from Katsunosuke Maeda, who became Chairman. It was a promotion the year after he became Senior Managing Director. In the FY ended March 1997, the year before he took office, consolidated net sales were ¥1,046.8 billion, ordinary income ¥56.4 billion and net income ¥23.3 billion, all up from the previous year. That was the period in which sales first exceeded ¥1 trillion.

Initiatives

Consolidated net sales grew to ¥1,087.7 billion in the FY ended March 1998, then fell to ¥990.5 billion in the FY ended March 2000, when the company posted a net loss of ¥65.7 billion. In the FY ended March 2002 sales were ¥1,015.7 billion and net income ¥3.8 billion, and in June that year he handed the presidency to Sadayuki Sakakibara.

Career

Career

Toray Industries

Date Position
Jun 1997 President
Jun 2002 Stepped down as President
References 1

References (Japanese primary sources)

  • 日経ビジネス 1997年9月15日号「新社長登場 平井克彦氏[東レ]明るさ忘れず、「繊維トップ」の座守る」