Kizo Takeda
Profile
Performance in office
Tenure
Tenure
Background
Born in Fukuoka in 1911, he graduated from the Faculty of Engineering of Kyoto Imperial University in 1935. After graduating he worked for a steelmaker, and in 1970 became Senior Managing Director of Nippon Steel and head of its Nagoya Works. That same year he also became president of Tokai Tokushuko and joined the board of Daido Steel. He was not a career Daido man but an engineer who came from a major steelmaker.
Selection
In 1973 he succeeded Kenichiro Ishii as Representative Director and President, with Ishii becoming Representative Director and Chairman. He had joined Daido Steel's board in 1970, so the promotion came in three years. On the same officer list, Masaya Akita, who joined in 1947, had taken 20 years to reach the board and Yoshikazu Kanazawa, who joined in 1940, 27 years, so this appointment departed from internal seniority. In December 1960 Fuji Iron & Steel was the largest shareholder at 5.0%, and the company took its president from its successor, Nippon Steel. The appointment appears to reflect the capital relationship.
Initiatives
In September 1976, during his tenure, the company merged with Nippon Tokushuko and Tokushu Seiko and changed its name from Daido Seiko to Daido Steel (Daido Tokushuko). In April 1980 it spun off the Kiso-Fukushima plant to form Daido Castings. Net sales grew from ¥139.9 billion in FY ended June 1976 to ¥289.6 billion in FY ended June 1981, and ordinary profit from ¥0.5 billion to ¥14.1 billion. In FY ended June 1982, his final year, net sales were ¥279.3 billion and ordinary profit ¥8.5 billion.
Career
Career
Daido Steel
| Date | Position |
|---|---|
| Aug 1973 | President |
| 1982 | Stepped down as President |