Hisashi Ietsugu

Profile
Tenure
Jun 1996 – Apr 2023
Years in office
26.8 years
Name in Japanese
家次恒
Title at appointment
President
Performance in office
Sysmex
Performance in office
FY2002FY2023Change
Revenue¥47.5billion¥410.5billion+764%
Net margin2.7%11.2%+8.5pt
IetsuguAsanoMatsui
Revenue¥87.9 billionRevenue¥253.2 billionRevenue¥500.0 billionNet margin8.4%Net margin14.3%Net margin7.1%1991/31996/32001/32006/32011/32016/32021/32026/3
Revenue¥87.9 billionRevenue¥253.2 billionRevenue¥500.0 billionNet margin8.4%Net margin14.3%Net margin7.1%1991/31996/32001/32006/32011/32016/32021/32026/3
Tenure

Tenure

Background

He joined Sanwa Bank in April 1973. In September 1986 he was brought into Sysmex as a Director, starting his career there as an officer without ever being an employee. He became Managing Director in March 1990, Representative Director in February 1996 and Senior Managing Director that April, and President in June of the same year. As of the fiscal year ended March 2022 he held 613 thousand shares.

Education: Kyoto University, Faculty of Economics (1973)

Selection

He became President in June 1996, 9 years and 9 months after joining the board in September 1986. The career employees on the board for the fiscal year ended March 2022—Kenji Tachibana, who joined in March 1980 and became a director in June 2014; Kaoru Asano, who joined in August 1987 and became a director in June 2014; and Hiroshi Kanda, who joined in March 1980 and became a director in June 2019—each took between 27 and 39 years from joining to reach the board.

Initiatives

Under Japanese GAAP, the fiscal year ended March 2006 saw consolidated net sales of ¥87.9 billion and operating income of ¥10.7 billion. From FY ended March 2013, after the switch to IFRS, to FY ended March 2022, consolidated net sales grew 2.5 times from ¥145.6 billion to ¥363.8 billion and operating income 3.1 times from ¥21.8 billion to ¥67.4 billion. He built the company's own overseas sales network selling hematology analyzers and reagents together, rather than relying on distributors. He became Chairman and President in April 2013 and Chairman, President and CEO in April 2018, holding both roles himself. His tenure lasted 26 years until he handed the presidency to Kaoru Asano.

Career

Career

Sanwa Bank

Date Position
Apr 1973 Joined

Sysmex

Date Position
Sep 1986 Director
Mar 1990 Managing Director
Feb 1996 Representative Director
Apr 1996 Senior Managing Director
Jun 1996 President
Apr 2013 Chairman and President
Apr 2023 Stepped down as President
References 1

References (Japanese primary sources)

  • シスメックス 有価証券報告書【役員の状況】(2022年3月期)