Naritada Tannowa

Profile
Tenure
Jun 1977 – Dec 1982
Years in office
5.5 years
Name in Japanese
淡輪就直
Title at appointment
President
Performance in office
Mitsui Chemicals
Performance in office
FY1977FY1982Change
Revenue¥305.3billion¥433.3billion+42%
Net margin-3%-1.2%+1.8pt
ToriiNaritada TannowaNakanoTakebayashi
Revenue¥295.5 billionRevenue¥409.2 billionNet margin1.7%Net margin0.5%1972/31975/31980/31985/3
Revenue¥295.5 billionRevenue¥409.2 billionNet margin1.7%Net margin0.5%1972/31975/31980/31985/3
Tenure

Tenure

Background

He graduated from the Faculty of Law at Keio University in March 1937, joined Mitsui Mining, and moved to Miike Gosei in July 1946. He joined Mitsui Petrochemical Industries at its founding in July 1955, becoming a Director in May 1963, Managing Director in November 1966 and Executive Vice President in November 1971. Whereas his predecessor Yasuji Torii was an applied chemistry engineer, he was a law graduate.

Education: Keio University (1937)

Selection

In June 1977 he became President, succeeding Yasuji Torii, who moved to Chairman the same month. He had served as Executive Vice President for five years and seven months from November 1971. In the same reshuffle Seiki Nakano was promoted to Senior Managing Director, and by 1981 he was in position as Executive Vice President to become the next President. The change appears to have continued the succession by the generation that joined at the company's founding.

Initiatives

His tenure lasted five and a half years, from June 1977 to December 1982, a period when petrochemicals, after the two oil crises, moved toward dealing with excess capacity. The scrapping of 87,000 tons of ethylene capacity at the Iwakuni-Otake Works and 143,000 tons at the Chiba Works took place from 1984 to 1985, carried out under his successor Seiki Nakano. Naritada Tannowa's five and a half years came before ethylene was concentrated at Ukishima Petrochemical, set up 50-50 with Nippon Petrochemicals in November 1967.

Career

Career

Mitsui Mining

Date Position
1937 Joined

Mitsui Petrochemical Industries

Date Position
Jul 1955 Transferred
May 1963 Director
Nov 1966 Managing Director
Nov 1971 Executive Vice President
Jun 1977 President
Nov 1982 Chairman
Dec 1982 Stepped down as President
References 2

References (Japanese primary sources)