Hiroshi Yokota
Profile
Performance in office
Tenure
Tenure
Background
He joined Tokuyama in April 1985. He became an Executive Officer in April 2014, 29 years after joining. In March 2015 he became President and Executive Officer, and in June of that year Representative Director and President. Only one year and two months separated his appointment as Executive Officer from the presidency, so he had almost no time as an executive. The only employer listed in his annual securities report career history is Tokuyama; he is a career employee who spent 30 years at the company after joining.
Selection
In June 2015 he became Representative Director and President, succeeding Kazuhisa Kogo. In the fiscal year ended March 2015, the year before he took office, the company posted a net loss of ¥65.3 billion despite operating income of ¥19.5 billion. In FY ended March 2016, his first year, the net loss grew to ¥100.5 billion, leaving two consecutive years of huge bottom-line losses. The appointment entrusted him with cleaning up after those losses.
Initiatives
After posting a net loss of ¥100.5 billion in the fiscal year ended March 2016, his first year, the company swung to net income of ¥52.1 billion in FY ended March 2017. Consolidated employees fell by 870, from 5,759 in FY ended March 2016 to 4,889 in FY ended March 2018. Consolidated operating income recovered to ¥41.3 billion in FY ended March 2018 but fell to ¥14.3 billion in FY ended March 2023, and was ¥37.0 billion in FY ended March 2026. Consolidated net sales of ¥351.7 billion in FY ended March 2023 were the highest of his tenure.
Career
Career
Tokuyama
| Date | Position |
|---|---|
| Apr 1985 | Joined |
| Apr 2014 | Executive Officer |
| Mar 2015 | President, Executive Officer |
| Jun 2015 | Representative Director, President |
| Apr 2026 | Stepped down as President |
References 1
References (Japanese primary sources)
- トクヤマ 有価証券報告書【役員の状況】