Takeshi Kanamori

Profile
Tenure
Apr 2021 – Mar 2024
Years in office
2.9 years
Name in Japanese
金森健
Title at appointment
Representative Director, President
Performance in office
Modec
Performance in office
FY2020FY2023Change
Revenue¥309.9billion¥507.0billion+64%
Net margin-4.2%2.7%+6.9pt
MiyazakiKozaiKanamoriMiyata
Revenue¥717.1 billionNet margin7.9%2016/122020/122025/12
Revenue¥717.1 billionNet margin7.9%2016/122020/122025/12
Tenure

Tenure

Background

He joined Mitsui & Co. in April 1980, became Executive Officer in April 2011, Managing Executive Officer in April 2013 and Senior Executive Managing Officer in April 2016. In March 2018 he moved to MODEC as Director and Executive Vice President, shifting to running an operating company after 38 years at the trading house. As of the fiscal year ended December 2014, Mitsui & Co. was the second-largest shareholder with 14.86% of issued shares, behind Mitsui Engineering & Shipbuilding at 50.13%.

Education: Waseda University, Faculty of Law (1980)

Selection

In April 2021 he succeeded Yuji Kozai as president, three years after joining MODEC as Director and Executive Vice President in March 2018. In his first year, the fiscal year ended December 2021, the company posted an operating loss of ¥35.0 billion and a net loss of ¥50.4 billion on consolidated net sales of ¥429.3 billion. The change took place amid a loss-making year.

Initiatives

From a net loss of ¥50.4 billion in the fiscal year ended December 2021, the company returned to profit for two consecutive years, with net income of ¥5.0 billion in FY ended December 2022 and ¥13.7 billion in FY ended December 2023. Control by the Mitsui Engineering & Shipbuilding parent, which held 50.13% in FY ended December 2014, gave way by FY ended December 2025, after he left, to a shareholder lineup of Mitsui O.S.K. Lines at 15.00%, Mitsui & Co. at 14.86% and Mitsui E&S at 3.66%. This reshuffling progressed during his tenure.

Career

Career

Mitsui &

Date Position
Apr 1980 Joined
Apr 2011 Executive Officer
Apr 2013 Managing Executive Officer
Apr 2016 Senior Managing Executive Officer

Modec

Date Position
Mar 2018 Executive Vice President, Executive Officer
Apr 2021 Representative Director, President
Mar 2024 Chairman
Mar 2024 Stepped down as President
References 1

References (Japanese primary sources)

  • 三井海洋開発 有価証券報告書(2024年12月期)【役員の状況】