Noboru Saito

Profile
Tenure
Apr 2022 – Present
Years in office
4.5 years
Name in Japanese
齋藤昇
Title at appointment
President, Executive Officer
Performance in office
TDK
Performance in office
FY2022FY2026Change
Revenue¥1.9trillion¥2.5trillion+32%
Net margin6.9%7.8%+0.9pt
KamigamaIshiguroSaito
Revenue¥2.5 trillionNet margin7.8%2017/32021/32026/3
Revenue¥2.5 trillionNet margin7.8%2017/32021/32026/3
Tenure

Tenure

Background

A career employee, he joined TDK in April 1989. He became Executive Officer in June 2011, Senior Vice President in June 2013 and a Director in June 2015, becoming President after 11 years as an executive. Whereas his predecessor Shigenao Ishiguro rose from Senior Vice President to President without serving as a Director, Saito spent seven years as a Director.

Selection

In April 2022 he succeeded Shigenao Ishiguro as President and Executive Officer, becoming Representative Director in June that year, when Ishiguro moved to Representative Director and Chairman. In the fiscal year ended March 2022, the year before he took office, consolidated net sales were ¥1,902.1 billion and operating income ¥234.2 billion, both record highs. The title of CEO was added in April 2024.

Initiatives

The mid-term management plan announced in May 2024 set targets of ¥2.5 trillion in net sales for fiscal 2026 and capital-efficient management that widens the gap between ROIC and WACC. Consolidated net sales grew from ¥1,902.1 billion in the year before he took office to ¥2,504.8 billion in the fiscal year ended March 2026, and operating income from ¥234.2 billion to ¥272.4 billion. He has positioned AI-related markets as the core business focus.

Career

Career

TDK

Date Position
Apr 1989 Joined
Jun 2011 Executive Officer
Jun 2013 Managing Executive Officer
Jun 2015 Director
Apr 2022 President, Executive Officer
Jun 2022 Representative Director
Apr 2024 President, Executive Officer, CEO
References 1

References (Japanese primary sources)

  • TDK 有価証券報告書【役員の状況】