Shiro Kondo

Profile
Tenure
Apr 2022 – Present
Years in office
4.5 years
Name in Japanese
近藤史郎
Title at appointment
Representative Director, President, COO, Executive Officer, Fuji Electric
Performance in office
Fuji Electric
Performance in office
FY2022FY2026Change
Revenue¥910.2billion¥1.2trillion+35%
Net margin6.4%8%+1.6pt
KitazawaKondo
Revenue¥1.2 trillionNet margin8%2017/32021/32026/3
Revenue¥1.2 trillionNet margin8%2017/32021/32026/3
Tenure

Tenure

Background

A career employee, he joined Fuji Electric in April 1984. After becoming a director in July 2007, he served as deputy general manager of Fuji Electric Enterprise Management (Shanghai) from September 2010 and general manager of Fuji Electric (China) from June 2012, handling the China business for nearly six years. From April 2013 he was successively put in charge of the measurement and control systems, industrial plant and industrial instruments divisions in the Industrial Infrastructure Business Group, and in April 2017 he moved to head the Corporate R&D Headquarters.

Education: Waseda University, School of Science and Engineering, Electrical Engineering (1984)

Selection

In April 2022 he succeeded Michihiro Kitazawa as President and COO. Kitazawa moved to Chairman and CEO, splitting the CEO and COO roles. Kondo had become Managing Executive Officer in April 2020 and a Director in June 2021, so the promotion came ten months after he joined the board. In the fiscal year ended March 2022, the year before he took office, consolidated net sales were ¥910.2 billion and operating income ¥74.8 billion, up more than 50% from ¥48.6 billion the previous year.

Initiatives

Consolidated net sales, ¥910.2 billion in the fiscal year ended March 2022, the year before he took office, grew to ¥1,009.4 billion in the FY ended March 2023 and ¥1,103.2 billion in the FY ended March 2024. In the FY ended March 2026, net sales were ¥1,227.6 billion, operating income ¥136.6 billion and net income ¥98.0 billion, with operating income 1.8 times the ¥74.8 billion of the year before he took office. Consolidated employees were nearly flat at 27,123 in the FY ended March 2023 and 27,325 in the FY ended March 2024.

Career

Career

Fuji Electric

Date Position
Apr 1984 Joined
Apr 2005 General Manager, Adobansuto Technology Information and Communications Control Department
Apr 2007 General Manager, Information and Communications Control Development Center
Jul 2007 Director
Jul 2008 Engineering and Business Strategy Headquarters, Engineering Strategy Office, General Manager
Sep 2010 Corporate Administration Company, Deputy General Manager
Jun 2012 Company, General Manager
Apr 2013 General Manager, Measurement Control Systems Division, Industries Infrastructure Business Headquarters
Jul 2014 General Manager, Industries Plant Division, Industries Infrastructure Business Headquarters
Apr 2015 General Manager, Industries Measurement Equipment Division, Industries Infrastructure Business Headquarters
Apr 2016 Deputy General Manager of Headquarters, Technology Development Headquarters
Apr 2017 Executive Officer, General Manager, Technology Development Headquarters, Fuji Electric
Apr 2020 Managing Executive Officer
Apr 2020 Managing Executive Officer
Jun 2021 Director
Apr 2022 Representative Director, President, COO, Executive Officer, Fuji Electric
References 1

References (Japanese primary sources)

  • 富士電機 有価証券報告書 第149期(2025年3月期)【役員の状況】