Yoriaki Taneichi

Profile
Tenure
Jan 2019 – Present
Years in office
7.8 years
Name in Japanese
種市順昭
Title at appointment
Representative Director, President and Executive Officer, President
Performance in office
Tokyo Ohka Kogyo
Performance in office
FY2018FY2025Change
Revenue¥105.3billion¥237.0billion+125%
Net margin6.6%14.1%+7.5pt
AkutsuTaneichi
Revenue¥88.1 billionRevenue¥237.0 billionNet margin10%Net margin14.1%2015/122020/122025/122030/12
Revenue¥88.1 billionRevenue¥237.0 billionNet margin10%Net margin14.1%2015/122020/122025/122030/12
Tenure

Tenure

Background

He joined the company in April 1986 and became General Manager of Sales Development in June 2009. He became an Executive Officer in June 2015, and in June 2017 Director and Executive Officer, serving as head of the New Business Development Office. The posts he held were limited to sales development and new business development, and he never headed a research or manufacturing department. One year and seven months after joining the board, in January 2019, he became Representative Director, President and Chief Executive Officer.

Selection

In January 2019 he became President, succeeding Ikuo Akutsu. In the fiscal year ended December 2018, just before he took office, consolidated net sales were ¥105.3 billion and operating income ¥10.5 billion. He was appointed one year and seven months after joining the board in June 2017, and only three and a half years after becoming an Executive Officer. The appointment appears to have put someone from sales and new business, rather than research or manufacturing, at the top during a period of growing demand for semiconductor materials.

Initiatives

Consolidated net sales, ¥105.3 billion in the fiscal year ended December 2018 before he took office, grew 2.3-fold to ¥237.0 billion in FY ended December 2025, and operating income rose 4.5-fold from ¥10.5 billion to ¥47.4 billion. Sales have grown every year since FY ended December 2020, the only decline being FY ended December 2023, with ¥162.3 billion and operating income of ¥22.7 billion. They recovered to ¥201.0 billion and ¥33.1 billion in FY ended December 2024, and the operating margin reached 20% in FY ended December 2025.

Career

Career

Tokyo Ohka Kogyo

Date Position
Apr 1986 Joined
Jun 2009 General Manager, Sales Development Department
Jun 2015 Executive Officer
Jun 2017 Director and Executive Officer, General Manager, New Business Development Office
Jan 2019 Representative Director, President and Executive Officer, President
References 1

References (Japanese primary sources)

  • 東京応化工業 有価証券報告書(役員の状況)