Taizo Hachiya

Profile
Tenure
Apr 1949 – Apr 1970
Years in office
21.0 years
Name in Japanese
八谷泰造
Title at appointment
President
Performance in office
Nippon Shokubai
Performance in office
FY1951FY1970Change
Revenue¥379million¥20.2billion+5230%
Net margin25.1%5.1%−20.0pt
HachiyaKitano
Revenue¥1.0 billionRevenue¥9.1 billionRevenue¥56.6 billionNet margin17.6%Net margin2.5%Net margin3.6%1951/31955/31960/31965/31970/31975/3
Revenue¥1.0 billionRevenue¥9.1 billionRevenue¥56.6 billionNet margin17.6%Net margin2.5%Net margin3.6%1951/31955/31960/31965/31970/31975/3
Tenure

Tenure

Background

Born in Hiroshima Prefecture in 1906, he graduated from the Faculty of Engineering at Osaka Imperial University in 1932, joined Yura Senryo, and moved to Osame Sulfuric Acid in 1935. As head of that company's research laboratory he paved the way for commercializing phthalic anhydride through the air oxidation of naphthalene, spinning it off in August 1941 as Osame Gosei Kagaku Kogyo with capital of ¥180,000. He became Director and Plant Manager at its founding, Managing Director in 1943, and earned a doctorate in engineering in 1948. His path took him straight from catalyst research into running the business.

Education: Osaka Imperial University, Faculty of Engineering, Applied Chemistry (1932)

Selection

In 1949 Gohei Osame, who had founded Osame Sulfuric Acid, stepped down and Taizo Hachiya became President. In April of that year the company changed its name to Nippon Shokubai Kagaku Kogyo. In the five years before he took office, a plant explosion at the Suita Plant in March 1944 had killed workers, and in June 1945 an air raid destroyed the head office, which moved to Suita. The change came after the company nonetheless chose to rebuild rather than withdraw, and the top post appears to have passed from the side that supplied capital to the side that supplied technology.

Initiatives

In November 1952, demand for PVC uses shrank and the company fell into a half-year loss, getting through its cash crunch with a capital injection from Fuji Iron & Steel, which supplied its naphthalene feedstock. In June 1959 it invested ¥980 million, more than twice its capital of ¥480 million, to join Nippon Petrochemicals' Kawasaki complex and began producing ethylene oxide. It built the Himeji Plant in October 1960 and the Kawasaki No. 2 Plant in March 1967, leaving a path to extend the vapor-phase oxidation catalyst technology honed on phthalic anhydride to acrylic acid. He died suddenly in office in March 1970.

Career

Career

Osame Sulfuric Acid Industries

Date Position
1937 附属研究所長 (translation pending)

Nippon Shokubai

Date Position
Apr 1949 President
Apr 1970 Stepped down as President
References 2

References (Japanese primary sources)