Satoru Kishimoto

Profile
Tenure
Mar 2023 – Present
Years in office
3.6 years
Name in Japanese
岸本暁
Title at appointment
Representative Director, President
Performance in office
Nippon Electric Glass
Performance in office
FY2022FY2025Change
Revenue¥324.6billion¥311.4billion−4%
Net margin8.7%9.5%+0.8pt
MatsumotoKishimoto
Revenue¥311.4 billionNet margin9.5%2018/122020/122025/122030/12
Revenue¥311.4 billionNet margin9.5%2018/122020/122025/122030/12
Tenure

Tenure

Background

He joined Nippon Electric Glass in April 1985. He became an Executive Officer in April 2013, a Managing Executive Officer in January 2019 and President and Executive Officer in January 2023. He became President 38 years after joining, a career employee like his predecessor Motoharu Matsumoto. As of FY ended December 2015, Nipro was the largest shareholder with 13.73%, followed by trust banks and foreign corporations.

Selection

In March 2023 he succeeded Motoharu Matsumoto as President. He became President and Executive Officer in January 2023 and Representative Director and President two months later, while his predecessor moved to Representative Director and Chairman that January. In the fiscal year before he took over, ended December 2022, net sales were ¥324.6 billion and net income ¥28.1 billion, but in his first year, FY ended December 2023, results reversed to an operating loss of ¥10.4 billion and a net loss of ¥26.1 billion.

Initiatives

In his first year, FY ended December 2023, the company booked an operating loss of ¥10.4 billion and a net loss of ¥26.1 billion. In FY ended December 2024 it returned to profit with net sales of ¥299.2 billion and operating profit of ¥6.1 billion, and in FY ended December 2025 net sales reached ¥311.4 billion, operating profit ¥34.1 billion and net income ¥29.6 billion, with operating profit exceeding the ¥26.2 billion of FY ended December 2022, before he took office.

Career

Career

Nippon Electric Glass

Date Position
Apr 1985 Joined
Apr 2013 Executive Officer
Jan 2019 Managing Executive Officer
Jan 2023 President, Executive Officer
Mar 2023 Representative Director, President
References 1

References (Japanese primary sources)

  • 日本電気硝子 有価証券報告書【役員の状況】