Makoto Matsuura
Profile
Performance in office
Tenure
Tenure
Background
He joined Nippon Paint in April 1970, became a corporate officer in April 1997, general manager of the International Department in April 1999, and a Director that June. From October 1999 he also served as President of NIPPON PAINT (EUROPE) LTD., then became Managing Director in June 2001 and Director and Senior Managing Executive Officer in April 2004. After becoming a corporate officer, his only posts were head of the International Department and president of the European subsidiary; an international specialist, he reached senior managing level without heading a domestic business division. The officers section of the annual securities report for the fiscal year ended March 2009 lists his shareholding at 44,000 shares.
Selection
In June 2005 he moved up from Director and Senior Managing Executive Officer to Representative Director and President. Among the other directors on the same list, Yoshio Ando, who joined in 1971, became a Director in 2006, 35 years after joining; Koichi Kimoto, who joined in 1972, after 33 years; and Kenji Sakai, who joined in 1973, in 2005 after 32 years. Matsuura, who joined in 1970 and became a Director in 1999, took 29 years, the shortest on the list. In the fiscal year ended March 2006, the year after he took office, major shareholders were led by domestic life insurers and banks: Nippon Life Insurance at 4.76%, Sumitomo Life Insurance at 4.05% and Sumitomo Mitsui Banking Corporation at 3.76%.
Initiatives
Consolidated revenue grew from ¥202.8 billion in the fiscal year ended March 2005, before he took office, to ¥259.2 billion in FY ended March 2008, and consolidated employees rose from 3,792 to 5,814. In October 2006 the company set up NB Coatings in Illinois, U.S., and it made its Thai joint venture a consolidated subsidiary in January 2007 and its Taiwanese joint venture that November, moving its Asian joint ventures from the equity method to full consolidation. In FY ended March 2009, revenue fell to ¥239.6 billion, operating income to ¥3.1 billion and net income to ¥1.8 billion.
Career
Career
Nippon Paint Holdings
| Date | Position |
|---|---|
| Apr 1970 | Joined |
| Apr 1997 | Director |
| Apr 1999 | General Manager, International Department |
| Jun 1999 | Director |
| Oct 1999 | President, NIPPON PAINT LTD. |
| Jun 2001 | Managing Director |
| Apr 2004 | Director, Senior Managing Executive Officer |
| Jun 2005 | Representative Director, President |
| Apr 2009 | Stepped down as President |
References 1
References (Japanese primary sources)
- 日本ペイント 有価証券報告書【役員の状況】（2008年3月期）