Yasuo Masumoto
Profile
Performance in office
Tenure
Tenure
Background
He joined Kubota in April 1971, became General Manager of the Implement Division in October 2001 and a Director in June 2002. Moving from General Manager of Manufacturing Headquarters in the Industrial Infrastructure Consolidated Division in April 2003 to responsibility for the Manufacturing Promotion Department in April 2004, General Manager of that division's Purchasing Department that June, and responsibility for the Quality and Manufacturing Control Department in January 2005, he handled manufacturing, purchasing and quality in succession. He became Senior Managing Director in April 2006, took on the Water, Environment and Infrastructure Consolidated Division and the Tokyo head office in April 2007, and became Director and Executive Vice President in April 2008.
Selection
In January 2009 he became Representative Director and President mid-year, without an intervening annual shareholders' meeting. His predecessor was Daisuke Hatakake. In the fiscal year ended March 2009, when he took office, consolidated net sales were ¥1,107.4 billion, down from ¥1,154.5 billion the year before, and they fell further to ¥930.4 billion in FY ended March 2010. Tetsuji Tomita, Satoru Sakamoto and Masatoshi Kimata, on the same roster of executives, joined between 1973 and 1977 and took 28 to 32 years to reach the board; Masumoto, who joined in 1971 and took 31 years, fits within that pattern.
Initiatives
In December 2009 the company established Kubota Saudi Arabia Co., LLC as a base for its cast steel business, and in March 2012 acquired Kverneland ASA, a Norwegian maker of implements for field crops, making it a subsidiary. In March 2013 it dissolved its pipe joint venture in India, Tata Metaliks Kubota Pipes Ltd. Consolidated net sales rose from ¥930.4 billion in the fiscal year ended March 2010 to ¥1,510.5 billion in FY ended March 2014, operating income from ¥69.7 billion to ¥212.4 billion, and employees from 24,778 to 33,845.
Career
Career
Kubota
| Date | Position |
|---|---|
| Apr 1971 | Joined |
| Oct 2001 | 作業機事業部長 (translation pending) |
| Jun 2002 | Director |
| Apr 2003 | General Manager, Manufacturing Headquarters, Industries Infrastructure Business Headquarters |
| Apr 2004 | Managing Director |
| Apr 2004 | ものづくり推進部担当 (translation pending) |
| Jun 2004 | General Manager, Purchasing Department, Industries Infrastructure Business Headquarters |
| Jan 2005 | 品質・ものづくり統括部担当 (translation pending) |
| Apr 2005 | Deputy General Manager of Headquarters, Industries Infrastructure Business Headquarters |
| Apr 2006 | Senior Managing Director |
| Apr 2007 | 東京本社担当、水・環境・インフラ事業本部長、水・環境・インフラ事業本部製造統括本部長、水・環境・インフラ事業本部統括部長、東京本社事務所長 (translation pending) |
| Apr 2008 | Executive Vice President |
| Jan 2009 | Representative Director, President |
| Jan 2011 | Representative Director, Chairman and President |
| Jul 2014 | Stepped down as President |
References 1
References (Japanese primary sources)
- 株式会社クボタ 有価証券報告書【役員の状況】（2013年3月期）