Hiroyasu Naito
Profile
Performance in office
Tenure
Tenure
Background
He joined Rinnai in April 1983 and became a Director eight years later, in June 1991. After serving as Managing Director from June 2003 and Director and Managing Executive Officer from June 2005, he became Representative Director and President that November. Among the major shareholders in his first year, FY ended March 2006, were holdings in the Naito name at 9.98%, Susumu Naito at 4.93% and Noriko Naito at 1.88%, totaling 16.79% under the Naito surname, followed by Kenji Hayashi at 4.89%. With shareholders of the same surname at the top, he reached the board eight years after joining.
Selection
He became Director and Managing Executive Officer in June 2005 and Representative Director and President five months later, that November, in his 22nd year with the company and 14th year on the board. In his first year, FY ended March 2006, non-consolidated net sales were ¥212.9 billion, operating profit ¥10.3 billion and net income ¥5.2 billion, and in FY ended March 2007 ¥234.8 billion, ¥12.7 billion and ¥6.3 billion. The change came mid-year, without waiting for the June annual shareholders' meeting.
Initiatives
He has been President for more than 20 years since November 2005, with no change of president in that time. On a consolidated basis, net sales of ¥246.6 billion, operating profit of ¥26.6 billion and net income of ¥16.8 billion in FY ended March 2012 became ¥470.4 billion, ¥50.5 billion and ¥36.2 billion in FY ended March 2026, a 1.91-fold increase in sales. Net sales in his first year, FY ended March 2006, reported on a non-consolidated basis, were ¥212.9 billion.
Career
Career
Rinnai
| Date | Position |
|---|---|
| Apr 1983 | Joined |
| Jun 1991 | Director |
| Jun 2003 | Managing Director |
| Jun 2005 | Director, Managing Executive Officer |
| Nov 2005 | Representative Director, President |
References 1
References (Japanese primary sources)
- リンナイ 有価証券報告書 第75期（2025年3月期）【役員の状況】