Hirohiko Miyata

Profile
Tenure
Mar 2024 – Present
Years in office
2.6 years
Name in Japanese
宮田裕彦
Title at appointment
Representative Director, President, Executive Officer
Performance in office
Modec
Performance in office
FY2023FY2025Change
Revenue¥507.0billion¥717.1billion+41%
Net margin2.7%7.9%+5.2pt
MiyazakiKozaiKanamoriMiyata
Revenue¥717.1 billionNet margin7.9%2020/122025/122030/12
Revenue¥717.1 billionNet margin7.9%2020/122025/122030/12
Tenure

Tenure

Background

He joined Mitsui & Co. in April 1987 and advanced to Executive Officer and General Manager of the Business Supervisory Department in April 2017, Managing Executive Officer and Chief Operating Officer of the Europe, Middle East and Africa Business Unit in April 2020, and Senior Executive Managing Officer and General Manager for Europe in April 2022. He moved to MODEC in June 2023, welcomed as Director and Executive Vice President. He is an outsider who spent 36 years at the trading house.

Education: University of Tokyo, Graduate School of Engineering, Industrial Chemistry (1987)

Selection

In March 2024 he succeeded Takeshi Kanamori as president, nine months after becoming Director and Executive Vice President of MODEC. In the fiscal year ended December 2023, the year before he took office, consolidated net sales were ¥507.0 billion, operating income ¥27.4 billion and net income ¥13.7 billion, up from ¥363.6 billion, ¥10.0 billion and ¥5.0 billion the year before. Following his predecessor, another Mitsui & Co. alumnus became president.

Initiatives

In his first year, the fiscal year ended December 2024, consolidated net sales were ¥662.1 billion, operating income ¥51.1 billion and net income ¥34.9 billion; in his second, FY ended December 2025, they were ¥717.1 billion, ¥68.5 billion and ¥56.5 billion, two consecutive years of higher sales and profits. Sales rose 41% in two years from ¥507.0 billion in the year before he took office. At the end of FY ended December 2025, the top two shareholders were Mitsui O.S.K. Lines at 15.00% and Mitsui & Co. at 14.86%.

Career

Career

Mitsui &

Date Position
Apr 1987 Joined
Apr 2017 Executive Officer, General Manager, Business Division
Apr 2020 Managing Executive Officer, General Manager, Europe and Middle East Afurika Headquarters
Apr 2022 Senior Managing Executive Officer, Chief Representative, Europe

Modec

Date Position
Jun 2023 Executive Vice President, Executive Officer
Mar 2024 Representative Director, President, Executive Officer
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】