Masao Asami

Profile
Tenure
Mar 2019 – Mar 2025
Years in office
6.0 years
Name in Japanese
浅見正男
Title at appointment
Director and Representative Corporate Executive Officer, President
Performance in office
Ebara
Performance in office
FY2018FY2024Change
Revenue¥509.1billion¥866.6billion+70%
Net margin3.6%8.2%+4.6pt
Toichi MaedaAsamiHosoda
Revenue¥482.6 billionRevenue¥958.2 billionNet margin4.9%Net margin8%2015/122020/122025/122030/12
Revenue¥482.6 billionRevenue¥958.2 billionNet margin4.9%Net margin8%2015/122020/122025/122030/12
Tenure

Tenure

Background

He joined the company in April 1986, became Executive Officer in April 2010, Managing Executive Officer in April 2014 and Executive Officer (Managing) in June 2015. Just before taking office he was Executive Officer (Managing) and President of the Precision Machinery Company. In March 2019, 33 years after joining, he became Director, President and Representative Executive Officer. In January 2023 he became CEO and COO.

Education: Yokohama National University, Faculty of Engineering, Safety Engineering (1986)

Selection

In March 2019 he succeeded Toichi Maeda as Director, President and Representative Executive Officer. Whereas his predecessor had risen from President of the Fluid Machinery and Systems Company, Masao Asami came from President of the Precision Machinery Company, so the business that supplied the president changed. In the fiscal year ended December 2018, the year before he took office, consolidated net sales were ¥509.1 billion and operating income ¥32.5 billion, just after the fiscal year-end had been moved to December.

Initiatives

In 2023 the company moved to a system of five companies organized by the markets they serve. The mid-term management plan E-Plan2025 separated growth businesses from foundational businesses. Consolidated net sales grew 1.7 times from ¥509.1 billion in the fiscal year ended December 2018, before he took office, to ¥866.6 billion in FY ended December 2024, his final year, and operating income tripled from ¥32.5 billion to ¥98.0 billion. Employees also rose from 16,556 to 19,629 in FY ended December 2023.

Career

Career

Ebara

Date Position
Apr 1986 Joined
Apr 2010 Executive Officer
Apr 2014 Managing Executive Officer
Jun 2015 Managing Corporate Executive Officer
Mar 2019 Director and Representative Corporate Executive Officer, President
Jan 2023 CEO and COO
Mar 2025 Chairman
Mar 2025 Stepped down as President
References 1

References (Japanese primary sources)

  • 荏原製作所 有価証券報告書【役員の状況】