Kaoru Ino
Profile
Performance in office
Tenure
Tenure
Background
He joined DIC in April 1981, a career employee who became President after 37 years. He served as general manager of Finance from April 2008 and of Materials and Logistics from April 2011, and joined the officer ranks as Executive Officer and general manager of Corporate Planning in April 2012. In January 2016, as Managing Executive Officer, he took charge of the Corporate Strategy Unit and the DIC Kawamura Memorial Museum of Art, and became a Director that March. His career ran through finance and corporate planning, not research or manufacturing.
Selection
In January 2018 he became President and Chief Executive Officer, succeeding Yoshiyuki Nakanishi. He was promoted from Director and Managing Executive Officer, moving up to President while still in charge of the Corporate Strategy Unit. In the fiscal year before he took office, ended December 2017, consolidated revenue was ¥789.4 billion, operating income ¥56.5 billion and net income ¥38.6 billion, up from ¥751.4 billion, ¥54.2 billion and ¥34.8 billion the year before. The appointment appears to have placed at the top someone who had overseen finance and corporate strategy.
Initiatives
During his tenure the company acquired BASF's pigments business. Consolidated revenue grew from ¥805.5 billion in his first year, the fiscal year ended December 2018, to ¥1,054.2 billion in FY ended December 2022, but operating income fell from ¥48.4 billion to ¥39.7 billion. In FY ended December 2023, his final year, revenue was ¥1,038.7 billion and operating income only ¥17.9 billion, and the company booked a net loss of ¥39.9 billion.
Career
Career
DIC Corporation
| Date | Position |
|---|---|
| Apr 1981 | Joined |
| Apr 2008 | General Manager, Finance Department |
| Apr 2011 | General Manager, Materials and Logistics Department |
| Apr 2012 | Executive Officer, General Manager, Corporate Planning Department |
| Jan 2014 | Executive Officer, in charge of Corporate Strategy Division and General Manager, Corporate Planning Department |
| Jan 2016 | Managing Executive Officer, Corporate Strategy Division, Officer in Charge, Director, Managing Executive Officer, Corporate Strategy Division and Officer in Charge, DIC Corporation Kawamura Memorial DIC Museum of Art |
| Jan 2018 | Representative Director, President, Executive Officer |
| Jan 2024 | Representative Director, Chairman |
| Jan 2024 | Stepped down as President |
| Mar 2025 | Chairman |
| Jan 2026 | Director |
References 1
References (Japanese primary sources)
- DIC 有価証券報告書【役員の状況】