Tetsuya Shimizu
Profile
Performance in office
Tenure
Tenure
Background
He joined Daido Steel in April 1985. He became an Executive Officer in June 2016, Managing Executive Officer in April 2020 and Director and Managing Executive Officer that June. He became Representative Director and Executive Vice President in April 2022 and President one year and two months later. It was 38 years from joining to becoming President, with seven years as an executive.
Selection
In June 2023 he succeeded Takeshi Ishiguro as President. In the fiscal year before he took over, ended March 2023, consolidated net sales were ¥578.6 billion and operating profit ¥50.0 billion, a two-year recovery from ¥412.7 billion and ¥10.1 billion in FY ended March 2021. Promoted after a little over a year as Executive Vice President, he took over just as results had recovered.
Initiatives
Following the DSP2.0 mid-term management plan, the company switched in 2023 to DSP3.0 and the long-term vision DAIDO VISION 2030. During his tenure consolidated net sales stayed flat at ¥581.3 billion in FY ended March 2024, ¥574.9 billion in FY ended March 2025 and ¥578.1 billion in FY ended March 2026, with operating profit at ¥42.2 billion, ¥39.4 billion and ¥42.1 billion.
Career
Career
Daido Steel
| Date | Position |
|---|---|
| Apr 1985 | Joined |
| Jun 2016 | Executive Officer |
| Apr 2020 | Managing Executive Officer |
| Jun 2020 | Director, Managing Executive Officer |
| Apr 2022 | Representative Director, Executive Vice President, Executive Officer |
| Jun 2023 | Representative Director, President, Executive Officer |
References 1
References (Japanese primary sources)
- 大同特殊鋼 有価証券報告書 第100期（2024年3月期）【役員の状況】