Nobuhiro Watabe

Profile
Tenure
Jun 2023 – Present
Years in office
3.3 years
Name in Japanese
渡部昇弘
Title at appointment
Representative Director, President, Executive Officer, in charge of Domestic Sales Division
Performance in office
Tsugami
Performance in office
FY2023FY2026Change
Revenue¥95.0billion¥129.1billion+36%
Net margin8.1%12.9%+4.8pt
NishijimaKazamaWatabe
Revenue¥129.1 billionNet margin12.9%2018/32021/32026/3
Revenue¥129.1 billionNet margin12.9%2018/32021/32026/3
Tenure

Tenure

Background

He joined the company in April 1993 and became Executive Officer and deputy head of overseas operations in April 2011. From December 2014 he was seconded to TSUGAMI PRECISION ENGINEERING INDIA PRIVATE LIMITED in India. After returning, he oversaw domestic sales as Co-COO from April 2019 and became a supervising executive in June 2022. It was 30 years from joining to becoming President.

Selection

In June 2023 he succeeded Naomi Nishijima as President. His predecessor had served as President for about 19 years over two terms since taking office in 2003. In the fiscal year before he took over, ended March 2023, consolidated net sales were ¥95.0 billion and operating profit ¥16.8 billion, continuing the high levels of ¥93.2 billion and ¥18.9 billion the year before. He took office 12 years after becoming an Executive Officer and a year after becoming a supervising executive.

Initiatives

After he took office, consolidated net sales fell to ¥83.9 billion in FY ended March 2024, then grew two years running to ¥107.4 billion in FY ended March 2025 and ¥129.1 billion in FY ended March 2026. Operating profit also rose over those two years to ¥23.3 billion and ¥36.1 billion, exceeding the ¥16.8 billion of the year before he took office. Four months after becoming President, in October 2023, he also took charge of the plant division, and in June 2024 oversaw the technology and production divisions as head of the Nagaoka plant.

Career

Career

Tsugami

Date Position
Apr 1993 Joined
Apr 2011 Executive Officer, Deputy General Manager, Overseas Division
Dec 2014 Seconded to TSUGAMI PRECISION ENGINEERING INDIA PRIVATE LIMITED
Apr 2019 Head of Co-COO Domestic Sales Division
Jun 2022 Executive Officer, in charge of Domestic Sales Division
Jun 2023 Representative Director, President, Executive Officer, in charge of Domestic Sales Division
Oct 2023 Representative Director, President, Executive Officer, in charge of Domestic Sales Division and Plant, in charge of Division
Jun 2024 Representative Director, President, Executive Officer, General Manager, Nagaoka Plant and Head of Domestic Sales Division
References 1

References (Japanese primary sources)

  • ツガミ 有価証券報告書【役員の状況】