Taro Shimada
Profile
Performance in office
Tenure
Tenure
Background
He joined ShinMaywa Industries in April 1990 and moved to Structural Dynamics Research Corporation of the U.S. in September 1999. In February 2010 he became Representative Director and President of Siemens PLM Software's Japanese subsidiary and Vice President of its U.S. headquarters, and in September 2015, as Senior Executive Officer of Siemens, headed both its Digital Factory and Process & Drives divisions. He joined Toshiba in October 2018 and became Chief Digital Officer for the corporate digital business. He is an outsider with a technical background who worked consistently in software for manufacturers.
Selection
In March 2022 he succeeded Satoshi Tsunakawa as Representative Executive Officer, President and CEO, three years and five months after joining in October 2018; his immediately preceding post was Corporate Senior Vice President and President of Toshiba Digital Solutions. In the fiscal year ended March 2022, the year he took office, consolidated net sales were ¥3,337.0 billion and income before taxes ¥239.1 billion, a recovery from the loss before taxes of ¥47.5 billion in FY ended March 2020. The appointment put an outsider who had led the digital business at the top in his fourth year with the company.
Initiatives
In 2023 the company accepted an acquisition of about ¥2 trillion by a consortium led by Japan Industrial Partners and decided to take its shares private. In the fiscal year ended March 2023, consolidated net sales were ¥3,361.7 billion, income before taxes ¥189.0 billion and net income ¥126.6 billion, with both income before taxes and net income down from ¥239.1 billion and ¥194.7 billion the year before.
Career
Career
ShinMaywa Industries
| Date | Position |
|---|---|
| Apr 1990 | Joined |
Structural Dynamics Research Corporation
| Date | Position |
|---|---|
| Sep 1999 | Joined |
| Feb 2010 | Corporate, Representative Director, President and Executive Vice President, Shimensu PLM Software Nippon, U.S. Head Office |
Shimensu
| Date | Position |
|---|---|
| Sep 2015 | Senior Managing Executive Officer, General Manager, Digital Fakutori Business Headquarters, Process and General Manager, Doraibu Business Headquarters |
Toshiba
| Date | Position |
|---|---|
| Oct 2018 | Joined as Head of Corporate Digital Business |
| Apr 2019 | Managing Corporate Executive Officer |
| Oct 2019 | Director, Managing Officer, Digital Solutions |
| Apr 2020 | Senior Managing Corporate Executive Officer and President, Toshiba Digital Solutions |
| Mar 2022 | Representative Corporate Executive Officer, President, CEO |
| May 2022 | 一般社団法人量子技術による新産業創出協議会代表理事 (translation pending) |
| Jun 2022 | Director |
| Jun 2023 | Nippon Electric Industries Association, Representative Director |
Uinguaku 1st
| Date | Position |
|---|---|
| Dec 2020 | Outside Director |
References 1
References (Japanese primary sources)
- 東芝 有価証券報告書【役員の状況】