Junji Tsuda
Profile
Performance in office
Tenure
Tenure
Background
He joined Yaskawa Electric in March 1976. He became a Director in June 2005, 29 years after joining. He rose to Managing Director in June 2009 and became President nine months later. From March 2013 he served three years as Representative Director, Chairman and President, then stepped down as President in March 2016 to serve solely as Chairman.
Selection
In March 2010 he succeeded Koji Toshima as President, nine months after becoming Managing Director. In the fiscal year ended March 2010, his first year, consolidated net sales were ¥224.7 billion with an operating loss of ¥7.0 billion and a net loss of ¥5.6 billion; sales fell nearly 40% from ¥350.2 billion the previous year. Employees also fell from 8,463 to 8,176. The appointment appears to have been a response to the deteriorating results.
Initiatives
Over his six years, consolidated net sales rose 80% from ¥224.7 billion in the fiscal year ended March 2010 to ¥411.2 billion in the FY ended March 2016, and operating results swung from a ¥7.0 billion loss to a ¥36.7 billion profit. Employees increased from 8,176 to 11,450, including more than 2,100 added in the FY ended March 2013 alone, from 8,246 to 10,383. In March 2013 he became Representative Director, Chairman and President, continuing as President while also serving as Chairman.
Career
Career
Yaskawa Electric
| Date | Position |
|---|---|
| Mar 1976 | Joined |
| Jun 2005 | Director |
| Jun 2009 | Managing Director |
| Mar 2010 | President |
| Mar 2013 | Representative Director, Chairman and President |
| Mar 2016 | Representative Director, Chairman |
| Mar 2016 | Stepped down as President |
References 1
References (Japanese primary sources)
- 安川電機 有価証券報告書【役員の状況】