Yoshito Kondo
Profile
Performance in office
Tenure
Tenure
Background
He served as a Managing Officer of Toyota Motor in January 2016. He became an advisor to JTEKT in January 2024 and its President that June. His time at JTEKT before that amounted to just five months as advisor. In the fiscal year ended March 2026, Toyota Motor was JTEKT's largest shareholder with 24.26%, followed by The Master Trust Bank of Japan (trust account) at 15.75% and Custody Bank of Japan (trust account) at 8.69%.
Selection
His predecessor was Kazuhiro Sato; Yoshito Kondo joined as an advisor in January 2024 and became President five months later, that June. In the fiscal year ended March 2024, the year before he took office, consolidated net sales were ¥1,891.5 billion and operating income ¥62.2 billion, higher sales and profits than the previous year's ¥1,678.1 billion and ¥49.3 billion. At a time of growing results, a Toyota Motor Managing Officer was installed as president after an interlude as advisor.
Initiatives
In the two years after he took office, operating income fell consecutively. In the fiscal year ended March 2025, consolidated net sales were ¥1,884.3 billion, operating income ¥38.5 billion and net income ¥13.7 billion, operating income down nearly 40% from ¥62.2 billion the year before. In FY ended March 2026, sales rose to ¥1,925.0 billion, but operating income fell further to ¥24.8 billion and net income to ¥12.0 billion. Net income dropped below 30% of the ¥40.2 billion in the year before he took office within two years.
Career
Career
JTEKT
| Date | Position |
|---|---|
| Jan 2024 | Advisor |
| Jun 2024 | President |
Toyota Motor
| Date | Position |
|---|---|
| Jan 2016 | Managing Director |
References 1
References (Japanese primary sources)
- ジェイテクト 有価証券報告書【役員の状況】