Yasushi Akao
Profile
Performance in office
Tenure
Tenure
Background
He joined Hitachi in April 1979 and moved to Renesas Technology in April 2003 as deputy general manager of the SOC division in the First Business Group. He became head of business strategy as an executive officer in April 2004, deputy head of the System Solution Business Group in December that year, Director and deputy head of the Microcomputer Business Group in April 2007, and head of the Microcomputer Business Group in April 2008. He spent 30 years in Hitachi's semiconductor business and on the microcontroller front line before becoming Representative Director and President of Renesas Technology in April 2009.
Selection
Renesas Electronics is the company formed when NEC Electronics, spun off from NEC's semiconductor business in November 2002, merged with Renesas Technology in April 2010 and changed its name. Akao, President on the Renesas Technology side, became Representative Director and President of the merged company in April 2010. From the former NEC Electronics side, Masaki Kato, who joined NEC in 1974, came in as Director and Managing Executive Officer and became Representative Director and Senior Managing Executive Officer in June 2011. Masahiro Yamamura, formerly head of Hitachi's semiconductor operations, also joined the board in June 2011.
Initiatives
In November 2010 the company acquired Nokia's wireless modem business, and in December transferred the mobile multimedia business, including it, to Renesas Mobile through an absorption-type split. It sold the front-end line of the Roseville plant to Telefunken in May 2011, the power amplifier business to Murata Manufacturing in March 2012, and the front-end line of the Tsugaru plant to Fuji Electric in July. Consolidated net sales fell from ¥1,137.9 billion in the fiscal year ended March 2011 to ¥785.8 billion in the FY ended March 2013, with a net loss of ¥167.6 billion that year, leading to the acceptance of a ¥150.0 billion investment from the Innovation Network Corporation of Japan and major customers.
Career
Career
Hitachi
| Date | Position |
|---|---|
| Apr 1979 | Joined |
Renesas Technology
| Date | Position |
|---|---|
| Apr 2003 | Deputy Division General Manager, First Business Headquarters and SOC Division |
| Apr 2004 | Corporate Executive, General Manager, Business Strategy Division |
| Dec 2004 | Corporate Executive, Deputy General Manager of Headquarters, Systems Solutions Headquarters |
| Apr 2007 | Director, Deputy General Manager of Headquarters, Maikon Headquarters |
| Apr 2008 | Director, General Manager, Maikon Headquarters |
| Apr 2009 | Representative Director, President |
Renesas Electronics
| Date | Position |
|---|---|
| Apr 2010 | Representative Director, President |
| Feb 2013 | Stepped down as President |
References 1
References (Japanese primary sources)
- ルネサスエレクトロニクス 有価証券報告書【役員の状況】（2012年3月期）