Moriya Shiki
Profile
Performance in office
Tenure
Tenure
Background
As an engineer at the Nagasaki Works, he handled the plant for Chugoku Electric Power's Shin-Ube thermal power station from the order stage. On the same project he teamed up with Fukuichi Hirose, then a sales chief and later Executive Vice President. He was an engineer whose starting point was heavy electrical equipment for power utilities.
Selection
In June 1985 he replaced Nihachiro Katayama as president. Chairman Sadakazu Shindo simultaneously became Honorary Chairman and wrote that Shiki would inherit the internal and external network Shindo had built over ten years as president and five as chairman. Just before Shiki took office, the company had been adding semiconductor capacity, building a new semiconductor plant in the U.S. in 1983 and partially completing the Saijo Plant in 1984. In the 1985 recession semiconductor production fell by just over 30% from its peak.
Initiatives
The Japan-U.S. Semiconductor Agreement was concluded in July 1986, and the introduction of fair market prices shut off the strategy of seeking mass-production gains through price cuts. Even so, he did not stop adding capacity, converting heavy electrical plants into semiconductor plants. As of June 1989 the company ranked second in the industry in 1-megabit DRAM and was ready to mass-produce 4- and 16-megabit chips as well. Non-consolidated results for fiscal 1988 were net sales of ¥2,230.1 billion and ordinary income of ¥93.1 billion, both record highs. That June it established the Automotive Equipment Group.
Career
Career
Mitsubishi Electric
| Date | Position |
|---|---|
| Jun 1985 | President |
| Jun 1992 | Stepped down as President |