Akinobu Kanasugi

Profile
Tenure
Mar 2003 – Apr 2006
Years in office
3.1 years
Name in Japanese
金杉明信
Title at appointment
Representative Director, President
Performance in office
NEC
Performance in office
FY2002FY2006Change
Revenue¥5.1trillion¥4.8trillion−5%
Net margin-6.1%0.3%+6.4pt
KanekoNishigakiKanasugiYanoEndo
Revenue¥5.4 trillionRevenue¥3.1 trillionNet margin1%Net margin-0.4%1998/32001/32006/32011/3
Revenue¥5.4 trillionRevenue¥3.1 trillionNet margin1%Net margin-0.4%1998/32001/32006/32011/3
Tenure

Tenure

Background

He joined NEC in 1967, heading the Information Processing Systems Division in 1987 and the C&C Medical Systems Division in 1991. He became a Director in 1995 and Managing Director in 1999, and from 2000 also served as President of the internal company NEC Solutions. A career employee, he led the systems business from the front line.

Education: Keio University, Faculty of Engineering, Electrical Engineering (1964)
Education: University of California, Los Angeles, Master's Program in Business Administration (1967)

Selection

In March 2003 he succeeded Koji Nishigaki, rising from Senior Managing Director to President. Nishigaki became senior adviser the following April. In the fiscal year ended March 2002, the year before he took office, the company posted a consolidated net loss of ¥307.9 billion, and the loss continued at ¥12.3 billion in the FY ended March 2003, his first year. A man who had led one of the internal companies established in April 2000 became President of the parent.

Initiatives

He reorganized the company into a business line system in April 2003 and a business unit system in April 2004. In June 2005 he made NEC Soft and NEC System Technologies wholly owned subsidiaries, bringing the systems integration business under the parent. Consolidated net results returned to profits of ¥10.0 billion in the fiscal year ended March 2004 and ¥77.2 billion in the FY ended March 2005, but fell to ¥12.1 billion in the FY ended March 2006, his final year. In April 2006 he handed the presidency to Kaoru Yano.

Career

Career

NEC

Date Position
1967 Joined
1987 情報処理装置システム事業部長 (translation pending)
1991 General Manager, C&C Medical Systems Division
1993 General Manager, 4C&C Systems Business Headquarters and General Manager
1995 Director, General Manager
1999 Managing Director
2000 Managing Director and President, NEC Solutions
2000 Senior Managing Director and President, NEC Solutions
Mar 2003 Representative Director, President
Apr 2006 Stepped down as President