Mankichi Tateno

Profile
Tenure
1979 – 1985
Years in office
6.0 years
Name in Japanese
舘野万吉
Title at appointment
Representative Director, President
Performance in office
Japan Steel Works
Performance in office
FY1979FY1985Change
Revenue¥141.5billion¥120.8billion−15%
Net margin-0.8%-2%−1.2pt
KobayashiOnoTatenoYagi
Revenue¥141.5 billionRevenue¥108.6 billionNet margin-0.8%Net margin1.2%1974/31979/31984/31989/3
Revenue¥141.5 billionRevenue¥108.6 billionNet margin-0.8%Net margin1.2%1974/31979/31984/31989/3
Tenure

Tenure

Background

He graduated from the Faculty of Engineering of Tokyo Imperial University in March 1940 and joined The Japan Steel Works (the former company) that April. He received a doctorate in engineering in February 1962. He became a Director in November 1965, head of the Muroran plant in May 1968, a Managing Director in November 1969 and Representative Director and Senior Managing Director in November 1973. Born in Tochigi Prefecture, he was a career engineer who led production at Muroran, where the company was founded.

Education: Tokyo Imperial University, Faculty of Engineering (1933)

Selection

In June 1979 he succeeded Tatsuro Ono as Representative Director and President. In the fiscal year before he took over, ended March 1979, the company posted a net loss of ¥1.2 billion, following a ¥0.2 billion loss in FY ended March 1978, for two straight years in the red. Tateno had become head of production and of the Muroran strengthening office in November 1977, and Representative Director and Executive Vice President in charge of all production and procurement in February 1979. The executive entrusted with rebuilding Muroran moved straight up to President.

Initiatives

After he took office, the company returned to net income of ¥0.4 billion in FY ended March 1980 and grew to net sales of ¥159.9 billion and net income of ¥1.6 billion in FY ended March 1983. In December 1981 it broke ground on a new Yokohama plant in the Kanazawa coastal industrial park in Yokohama, which began operating in January 1983. In November 1983 it received the Deming Application Prize. However, it posted net losses of ¥0.9 billion in FY ended March 1984 and ¥2.4 billion in FY ended March 1985, remaining in the red through his final year.

Career

Career

Japan Steel Works

Date Position
1940 Joined
1979 Representative Director, President
1985 Senior Advisor
1985 Stepped down as President
References 3

References (Japanese primary sources)