Akira Takeuchi

Profile
Tenure
Apr 2015 – Jun 2018
Years in office
3.2 years
Name in Japanese
竹内章
Title at appointment
President
Performance in office
Mitsubishi Materials
Performance in office
FY2015FY2018Change
Revenue¥1.5trillion¥1.6trillion+5%
Net margin3.7%2.2%−1.5pt
IdeYaoTakeuchiOno
Revenue¥1.3 trillionRevenue¥1.6 trillionNet margin2.9%Net margin1.2%2010/32013/32018/32023/3
Revenue¥1.3 trillionRevenue¥1.6 trillionNet margin2.9%Net margin1.2%2010/32013/32018/32023/3
Tenure

Tenure

Background

He joined Mitsubishi Materials in April 1977 and became Managing Executive Officer and head of the Legal Division in April 2009, and Managing Director that June. He rose to Executive Vice President in April 2014 and President in April 2015. He entered top management after leading the legal function rather than a business company.

Education: Kyoto University, Faculty of Economics (1977)

Selection

In April 2015 he succeeded Hiroshi Yao as President. In the fiscal year before he took over, ended March 2015, consolidated net sales were ¥1,517.2 billion, operating profit ¥71.9 billion and net income ¥56.1 billion, all above the prior year's ¥1,414.7 billion, ¥66.3 billion and ¥52.5 billion. He took office after only a year as Executive Vice President, in a change made while results were growing.

Initiatives

Consolidated net sales moved from ¥1,517.2 billion in FY ended March 2015 to ¥1,599.5 billion in FY ended March 2018, but net income fell from ¥56.1 billion to ¥34.5 billion. Along the way, in FY ended March 2017, net sales dropped to ¥1,304.0 billion and net income to ¥28.3 billion. Late in his tenure, in 2017, falsification of quality data at subsidiaries came to light, and he chose to disclose it. In June 2018 he stepped down as President and moved to Chairman.

Career

Career

Mitsubishi Materials

Date Position
Apr 1977 Joined
Apr 2009 Managing Executive Officer, General Manager, Legal Division
Jun 2009 Managing Director
Apr 2014 Executive Vice President
Apr 2015 President
Jun 2018 Chairman
Jun 2018 Stepped down as President
Apr 2025 Special Advisor
References 1

References (Japanese primary sources)

  • 三菱マテリアル 有価証券報告書 第92期(2018年3月期)【役員の状況】