Kunio Hattori

Profile
Tenure
Mar 1981 – Feb 1985
Years in office
3.9 years
Name in Japanese
服部邦雄
Title at appointment
President
Performance in office
Bridgestone
Performance in office
FY1980FY1984Change
Revenue¥417.6billion¥546.7billion+31%
Net margin5.8%3.2%−2.6pt
ShibamotoHattoriIeiri
Revenue¥546.7 billionNet margin3.2%1976/121979/121984/121989/12
Revenue¥546.7 billionNet margin3.2%1976/121979/121984/121989/12
Tenure

Tenure

Background

He joined the company in April 1951 and became a Director in 1970 as head of the Personnel Division. He became Managing Director in charge of chemical and industrial products in 1973, Senior Managing Director with the same responsibility in 1976, Director and Executive Vice President in March 1980, and President in March 1981. A career employee who worked in personnel and chemical and industrial products, he had long overseen businesses other than tires.

Education: University of Tokyo, Faculty of Law (1947)

Selection

In March 1981 he moved up from Director and Executive Vice President to President, succeeding Shigemichi Shibamoto. Direct management by the Ishibashi family had passed to professional managers in the 1970s, but as of December 1974 the major shareholders were Kanichiro Ishibashi with 13.59% and the Ishibashi Foundation with 9.43%, so the Ishibashi family still held the capital. The company held about half of the domestic tire market, while a 1977 industry review pointed to the limits of diversifying at home and the inevitability of entering the U.S.

Initiatives

In November 1982 the company set up Bridgestone Tire Manufacturing in the U.S., beginning its own production in North America; that company was merged into Bridgestone/Firestone in May 1990. In April 1984 it changed its name from Bridgestone Tire to Bridgestone Corporation. In December 1980, just before he took office, it had bought shares of Australia's Uniroyal Holdings, gaining an overseas production base, and his four years in office appear to have been devoted to shifting from exports to local production.

Career

Career

Bridgestone

Date Position
Apr 1951 Joined
1970 Director, General Manager, Human Resources Headquarters
1973 Managing Director
1976 Senior Managing Director
Mar 1980 Executive Vice President
Mar 1981 President
Feb 1985 Stepped down as President