Hitoshi Nara
Profile
Performance in office
Tenure
Tenure
Background
He joined the company in April 1985, becoming Senior Vice President in April 2010 and a Director in June 2011. It took him 25 years from joining to reach executive officer rank and another eight years from joining the board to become President. Building his entire career at Yokogawa Electric without working elsewhere, he became Representative Director and President in April 2019.
Selection
His predecessor was Takashi Nishijima. Nara became Representative Director and President in April 2019, and Nishijima moved to Representative Director and Chairman. In the fiscal year ended March 2019, the year before he took office, consolidated net sales were ¥403.7 billion, operating income ¥34.6 billion and net income ¥28.4 billion, lower sales but higher profits than ¥406.5 billion and ¥32.7 billion in the FY ended March 2018. Consolidated employees numbered 17,848.
Initiatives
In the fiscal year ended March 2020, his first year, consolidated net sales were ¥404.4 billion and operating income ¥35.6 billion. In the FY ended March 2021 net sales fell to ¥374.2 billion and operating income to ¥31.6 billion, but they grew to ¥456.4 billion and ¥44.4 billion in the FY ended March 2023 and ¥540.1 billion and ¥78.8 billion in the FY ended March 2024. In the FY ended March 2025, his final year, net sales were ¥562.4 billion, operating income ¥83.5 billion and net income ¥52.1 billion, all above the ¥403.7 billion and ¥34.6 billion of the year before he took office. In April 2025 he moved to Chairman, and Kunimasa Shigeno succeeded him as President.
Career
Career
Yokogawa Electric
| Date | Position |
|---|---|
| Apr 1985 | Joined |
| Apr 2010 | Managing Executive Officer |
| Jun 2011 | Director |
| Apr 2019 | Representative Director, President |
| Apr 2025 | Chairman |
| Jun 2025 | Stepped down as President |
References 1
References (Japanese primary sources)
- 横河電機 有価証券報告書【役員の状況】