Takashi Shimizu

Profile
Tenure
Nov 2015 – Present
Years in office
10.9 years
Name in Japanese
清水隆史
Title at appointment
Representative Director, President
Performance in office
Toyo Tire
Performance in office
FY2014FY2025Change
Revenue¥393.8billion¥594.9billion+51%
Net margin7.9%10.7%+2.8pt
NakakuraNobukiYamamotoShimizu
Revenue¥407.8 billionRevenue¥594.9 billionNet margin0.4%Net margin10.7%2010/122015/122020/122025/122030/12
Revenue¥407.8 billionRevenue¥594.9 billionNet margin0.4%Net margin10.7%2010/122015/122020/122025/122030/12
Tenure

Tenure

Background

He joined Toyo Tire & Rubber in April 1985 and became an Executive Officer 29 years later, in March 2014. He became Managing Executive Officer in July 2015 and, four months later in November 2015, Representative Director and President. In March 2022, more than six years after becoming President, he became Representative Director, President & CEO.

Education: Doshisha University, Faculty of Economics (1985)

Selection

His predecessor was Takuji Yamamoto, and he took over the presidency in November 2015, four months after becoming Managing Executive Officer. In the fiscal year ended December 2015, when he took office, consolidated revenue was ¥407.8 billion and operating income ¥63.4 billion, while net income was ¥1.7 billion, down from ¥31.2 billion the year before. Among major shareholders that year, Bridgestone was the largest with 7.86%, and Mitsubishi Corporation held 3.05%.

Initiatives

In January 2019 the company changed its name from Toyo Tire & Rubber to TOYO TIRE. Consolidated revenue grew from ¥393.6 billion in the fiscal year ended December 2021 to ¥594.9 billion in FY ended December 2025, and operating income from ¥53.1 billion to ¥97.4 billion. In FY ended December 2024 the company posted operating income of ¥94.0 billion and net income of ¥74.8 billion.

Career

Career

TOYO TIRE

Date Position
Apr 1985 Joined
Mar 2014 Executive Officer
Jul 2015 Managing Executive Officer
Nov 2015 Representative Director, President
Mar 2022 Representative Director, President and CEO
References 1

References (Japanese primary sources)

  • TOYO TIRE 有価証券報告書【役員の状況】