Naoki Okada

Profile
Tenure
Apr 2022 – Present
Years in office
4.5 years
Name in Japanese
岡田直樹
Title at appointment
Representative Director, President, CEO
Performance in office
Fujikura
Performance in office
FY2022FY2026Change
Revenue¥670.3billion¥1.2trillion+76%
Net margin5.8%13.3%+7.5pt
NagahamaItoOkada
Revenue¥1.2 trillionNet margin13.3%2017/32021/32026/3
Revenue¥1.2 trillionNet margin13.3%2017/32021/32026/3
Tenure

Tenure

Background

He joined Fujikura in April 1986. He became Managing Executive Officer 34 years later, in April 2020, then Executive Officer and COO in April 2021 and Representative Director and COO that June. Two years after joining the executive ranks, he rose to President and CEO. A career employee, he spent 36 years at this one company.

Education: Chiba University, Faculty of Engineering (1986)

Selection

In April 2022 he succeeded Masahiko Ito as President and CEO. He had been Representative Director and COO since June 2021, so he was promoted after a year as COO. In the fiscal year before he took over, ended March 2022, consolidated net sales were ¥670.3 billion, operating profit ¥38.3 billion and net income ¥39.1 billion, just after a two-year recovery from a net loss of ¥38.5 billion in FY ended March 2020.

Initiatives

Over the three years from FY ended March 2022, the year before he took office, to FY ended March 2025, consolidated net sales grew from ¥670.3 billion to ¥979.3 billion and operating profit from ¥38.3 billion to ¥135.5 billion. Net income went from ¥39.1 billion to ¥91.1 billion. Consolidated employees fell by 2,180, from 52,434 in FY ended March 2022 to 50,254 in FY ended March 2024. During this period the company shifted its business focus to AI and data center applications.

Career

Career

Fujikura

Date Position
Apr 1986 Joined
Apr 2020 Managing Executive Officer
Apr 2021 Executive Officer, COO
Jun 2021 Representative Director, Director, COO
Apr 2022 Representative Director, President, CEO
References 1

References (Japanese primary sources)

  • フジクラ 有価証券報告書【役員の状況】