Hiroaki Kurokawa
Profile
Performance in office
Tenure
Tenure
Background
He joined Fujitsu in 1967, becoming deputy head of the Software and Services Business Promotion Group in June 1998, a Director in June 1999 and Managing Director in April 2001. He became Corporate Senior Vice President in June 2002 and Corporate Executive Vice President in April 2003, and Representative Director and President in June that year. Trained not as a hardware engineer but as a systems engineer, he succeeded Naoyuki Akikusa as President.
Selection
Under the restructuring plan adopted in August 2001, the company had booked ¥300.0 billion in special restructuring losses and set out to cut 16,400 jobs, 11,400 overseas and 5,000 in Japan. Even so, the consolidated net loss for the fiscal year ended March 2002 reached ¥382.5 billion, and for a time there was even speculation that the company would be sent to the Industrial Revitalization Corporation of Japan. With a net loss of ¥122.1 billion still on the books for the FY ended March 2003, Kurokawa replaced Naoyuki Akikusa as President in June 2003. With the reorganization of the hardware divisions in sight, the choice shifted toward rebuilding information services.
Initiatives
The ¥60.0 billion special loss forced on the company in the fiscal year ended March 2004 stemmed from unprofitable system development projects in the information services business. The countermeasure was the SI Assurance Division, reporting directly to Kurokawa on a special mission. About 50 hand-picked systems engineers there reviewed the progress of large projects, with the rule of not accepting projects whose cost ratio exceeded 90%. After the reviews began, unprofitable project losses in fiscal 2005 shrank to ¥11.4 billion, less than a third of the previous year. In March 2005 the company agreed to transfer its plasma display module business to Hitachi, and in April its LCD device business to Sharp.
Career
Career
Fujitsu
| Date | Position |
|---|---|
| Apr 1967 | Joined |
| Jun 1998 | Deputy General Manager of Headquarters, Soft Service Business Promotion Headquarters |
| Jun 1999 | Director |
| Apr 2001 | Managing Director |
| Jun 2002 | Managing Corporate Executive Officer |
| Apr 2003 | Management, Executive Deputy President |
| Jun 2003 | Representative Director, President |
| Jun 2008 | Stepped down as President |