Chihiro Kanagawa
Profile
Performance in office
Tenure
Tenure
Background
He joined Shin-Etsu Chemical in February 1962. He became a Director in January 1975, Managing Director in August 1976 and Representative Director and Executive Vice President in August 1983. From March 1978 he also served as President of Shintech, leading it for 33 years until moving to Chairman of that company in January 2011. In the 12 years before becoming President, he served as an executive of the parent company while running the subsidiary at the same time.
Selection
He became Representative Director and President in August 1990. The promotion came seven years after he became Representative Director and Executive Vice President in August 1983, and 28 years after he joined in February 1962. The list of past presidents begins with him, and there is no record of a predecessor. The results for the year before he took office cannot be traced in the annual securities reports, so what was happening at the time of the change cannot be shown in figures.
Initiatives
Consolidated net sales grew from ¥797.5 billion in the fiscal year ended March 2003 to ¥1,376.3 billion in FY ended March 2008, with operating income of ¥287.1 billion that year. In FY ended March 2009 net sales were ¥1,200.8 billion and operating income ¥232.9 billion, and in FY ended March 2010, the year he stepped down, net sales were ¥916.8 billion and operating income ¥117.2 billion, sales falling to the 60% range of FY ended March 2008. In June 2010 he handed the presidency to Shunzo Mori and became Representative Director and Chairman.
Career
Career
Shin-Etsu Chemical
| Date | Position |
|---|---|
| Feb 1962 | Joined |
| Jan 1975 | Director |
| Aug 1976 | Managing Director |
| Aug 1983 | Representative Director, Executive Vice President |
| Aug 1990 | Representative Director, President |
| Jun 2010 | Representative Director, Chairman |
| Jun 2010 | Stepped down as President |
Shintekku
| Date | Position |
|---|---|
| Mar 1978 | President |
| Jan 2011 | Chairman |
References 1
References (Japanese primary sources)
- 信越化学工業 有価証券報告書【役員の状況】