Keiichi Kobayashi

Profile
Tenure
Apr 2017 – Apr 2023
Years in office
6.0 years
Name in Japanese
小林敬一
Title at appointment
Representative Director, President
Performance in office
Furukawa Electric
Performance in office
FY2017FY2023Change
Revenue¥843.3billion¥1.1trillion+26%
Net margin2.1%1.5%−0.6pt
YoshidaShibataKobayashiMoridaira
Revenue¥874.8 billionRevenue¥1.3 trillionNet margin1.1%Net margin5.5%2012/32016/32021/32026/3
Revenue¥874.8 billionRevenue¥1.3 trillionNet margin1.1%Net margin5.5%2012/32016/32021/32026/3
Tenure

Tenure

Background

He joined Furukawa Electric in April 1985, became an Executive Officer in April 2014 and a Director in June 2015. He became Representative Director and Senior Managing Director in April 2016, heading the Global Marketing Sales division. He became President three years after becoming an Executive Officer and 32 years after joining.

Education: Waseda University, Graduate School of Science and Engineering (1985)

Selection

In April 2017 he succeeded Mitsuyoshi Shibata as Representative Director and President. In the prior fiscal year, ended March 2017, net sales were ¥843.3 billion, operating profit ¥38.6 billion and net income ¥17.5 billion, with sales down from ¥874.8 billion the year before. It was an internal promotion after a year as Representative Director and Senior Managing Director.

Initiatives

In his first year, FY ended March 2018, net sales grew to ¥967.3 billion and operating profit to ¥44.8 billion. In FY ended March 2021 net sales fell to ¥811.6 billion and operating profit to ¥8.4 billion, and in his final year, FY ended March 2023, net sales recovered to ¥1,066.3 billion while operating profit was only ¥15.4 billion. The workforce went from 52,254 to 51,314 over his six years.

Career

Career

Furukawa Electric

Date Position
Apr 1985 Joined
Apr 2014 Executive Officer
Jun 2015 Director
Apr 2016 Representative Director, Senior Managing Officer
Apr 2017 Representative Director, President
Apr 2023 Chairman
Apr 2023 Stepped down as President
References 1

References (Japanese primary sources)

  • 古河電気工業 有価証券報告書【役員の状況】