Naomi Nishijima

Profile
Tenure
Apr 2003 – Jun 2019
Years in office
16.2 years
Name in Japanese
西嶋尚生
Title at appointment
Representative Director, President
Performance in office
Tsugami
Performance in office
FY2006FY2018Change
Revenue¥34.0billion¥57.6billion+69%
Net margin16.2%7.3%−8.9pt
NishijimaKazama
Revenue¥52.8 billionRevenue¥95.0 billionNet margin8%Net margin8.1%1998/32003/32008/32013/32018/32023/3
Revenue¥52.8 billionRevenue¥95.0 billionNet margin8%Net margin8.1%1998/32003/32008/32013/32018/32023/3
Tenure

Tenure

Background

He joined the company in May 1999 and rose to the board a year later, in June 2000. It was three years and eleven months from joining to becoming President; though an internal appointment, his was not a career that reached the top after many years inside the company. In April 2012 he also became Representative Director and Chairman while remaining President, and took the title of CEO.

Selection

He became President in April 2003, two years and ten months after joining the board. He stepped down as President in 2018, then returned in June 2019 as Representative Director, Chairman and CEO, serving until June 2023. Across his two terms, his tenure totaled about 19 years.

Initiatives

In 2003 he established Tsugami Precision Machine Tool in Zhejiang Province, starting production in China. Consolidated net sales grew from ¥34.0 billion in FY ended March 2006 to ¥52.8 billion in FY ended March 2013, though along the way they fell to ¥15.6 billion in FY ended March 2010, with operating profit shrinking to ¥0.1 billion. After his return, net sales reached ¥93.2 billion with operating profit of ¥18.9 billion in FY ended March 2022, and ¥95.0 billion and ¥16.8 billion in FY ended March 2023, nearly three times the scale of FY ended March 2006.

Career

Career

Tsugami

Date Position
May 1999 Joined
Jun 2000 Director
Apr 2003 Representative Director, President
Apr 2012 Representative Director, Chairman and President, CEO
2018 Stepped down as President
Jun 2019 Representative Director, Chairman, CEO
References 1

References (Japanese primary sources)

  • ツガミ 有価証券報告書【役員の状況】