Tetsuji Ohashi
Profile
Performance in office
Tenure
Tenure
Background
He joined the company in April 1977 and became President and COO of Komatsu America in January 2004. He advanced to Executive Officer in April 2007, Managing Executive Officer in April 2008 and Director and Managing Executive Officer in June 2009, becoming Director and Senior Executive Officer in April 2012.
Selection
In April 2013 he succeeded Kunio Noji as president. In the fiscal year ended March 2013, just before, consolidated net sales were ¥1,884.9 billion and income before taxes ¥204.6 billion, down from ¥1,981.7 billion and ¥249.6 billion the year before. In China, local rival Sany Heavy Industry had narrowly taken the top spot in annual unit sales from Komatsu in 2011. In mining equipment, Komatsu lacked machines for underground mining as well as 400-ton-class rope shovels, draglines and drills for surface mining.
Initiatives
On July 21, 2016, the company announced it would acquire Joy Global of the U.S. for $28.30 per share, about $2.89 billion in total, and completed the procedures in April 2017. Joy Global, founded in 1884, was a major mining equipment maker with about 13,400 employees and consolidated sales of about $3.17 billion for the fiscal year ended October 2015. The aim was to fill the gaps in a lineup that lacked underground mining machines and ultra-large rope shovels for surface mining.
Career
Career
Komatsu
| Date | Position |
|---|---|
| Apr 1977 | Joined |
| Jan 2004 | President and COO, Komatsu America |
| Apr 2007 | Executive Officer |
| Apr 2008 | Managing Executive Officer |
| Jun 2009 | Director and Managing Executive Officer |
| Apr 2012 | Director and Senior Managing Executive Officer |
| Apr 2013 | Representative Director, President and CEO |
| Apr 2019 | Representative Director, Chairman |
| Apr 2019 | Stepped down as President |