Susumu Kotani
Profile
Performance in office
Tenure
Tenure
Background
A career employee, he joined Pioneer in April 1975. He became Executive Officer in June 2003, Managing Executive Officer in June 2007 and Managing Director in June 2008. He became Representative Director and President in November that year, 33 years after joining.
Selection
In November 2008 he succeeded Tamihiko Sudo as Representative Director and President, five months after becoming Managing Director in June that year. In the fiscal year ended March 2008, the year before he took office, consolidated net sales were ¥772.4 billion and operating income ¥9.2 billion, but the company posted a net loss of ¥19.0 billion, its third straight year in the red since the FY ended March 2006.
Initiatives
In the fiscal year ended March 2009, right after he took office, consolidated net sales fell from ¥772.4 billion to ¥558.2 billion, with an operating loss of ¥54.5 billion and a net loss of ¥130.5 billion. Losses continued in the FY ended March 2010 with an operating loss of ¥17.5 billion, but in the FY ended March 2011 the company returned to profit with operating income of ¥15.8 billion and net income of ¥10.3 billion. On the capital side, Sharp became the largest shareholder with 9.19% in the FY ended March 2010, and in the FY ended March 2015 Mitsubishi Electric with 7.49% and NTT DOCOMO with 6.92% ranked near the top. In the FY ended March 2018, his final year, net sales were ¥365.4 billion, operating income ¥1.2 billion and the ordinary loss ¥3.1 billion.
Career
Career
Pioneer
| Date | Position |
|---|---|
| Apr 1975 | Joined |
| Jun 2003 | Executive Officer |
| Jun 2007 | Managing Executive Officer |
| Jun 2008 | Managing Director |
| Nov 2008 | Representative Director, President |
| Jun 2018 | Chairman, Executive Officer |
| Jun 2018 | Stepped down as President |
References 1
References (Japanese primary sources)
- パイオニア 有価証券報告書 第72期（2018年3月期）【役員の状況】