Masayuki Adachi

Profile
Tenure
Jan 2018 – Present
Years in office
8.8 years
Name in Japanese
足立正之
Title at appointment
Representative Director, President
Performance in office
Horiba
Performance in office
FY2017FY2025Change
Revenue¥195.4billion¥333.1billion+70%
Net margin8.3%11.1%+2.8pt
HoribaAdachi
Revenue¥171.9 billionRevenue¥333.1 billionNet margin7.7%Net margin11.1%2013/122015/122020/122025/122030/12
Revenue¥171.9 billionRevenue¥333.1 billionNet margin7.7%Net margin11.1%2013/122015/122020/122025/122030/12
Tenure

Tenure

Background

He joined HORIBA in March 1985. He became an Executive Officer in June 2006, Managing Executive Officer in April 2010, Director in March 2014 and Senior Managing Director in March 2016. It took him 29 years from joining to reach the board, and only two more to become President. At the time he took the top job he had served as a director for less than four years.

Education: Ritsumeikan University, School of Science and Engineering, Physics

Selection

In January 2018 he succeeded Atsushi Horiba as Representative Director and President. Horiba moved to Representative Director, Chairman and Group CEO, so the change handed over only the presidency. His predecessor had been President for 26 years from January 1992, and Horiba is also a shareholder, listed among the top ten major shareholders with 1.91% for the fiscal year ended December 2014.

Initiatives

Consolidated net sales, ¥171.9 billion in the fiscal year ended December 2015 before he took office, reached ¥333.1 billion in FY ended December 2025. Operating income rose from ¥20.1 billion to ¥53.0 billion over the same period. Net income was ¥37.1 billion, 2.8 times the ¥13.3 billion of FY ended December 2015.

Career

Career

Horiba

Date Position
Mar 1985 Joined
Jun 2006 Executive Officer
Apr 2010 Managing Executive Officer
Mar 2014 Director
Mar 2016 Senior Managing Director
Jan 2018 Representative Director, President
References 1

References (Japanese primary sources)

  • 堀場製作所 有価証券報告書【役員の状況】