Koichi Fukaya

Profile
Tenure
Jun 2003 – Jun 2008
Years in office
5.0 years
Name in Japanese
深谷紘一
Title at appointment
President
Performance in office
Denso
Performance in office
FY2003FY2008Change
Revenue¥2.3trillion¥4.0trillion+73%
Net margin4.8%6.1%+1.3pt
OkabeFukayaKato
Revenue¥2.3 trillionRevenue¥3.6 trillionNet margin4.8%Net margin5.1%1998/32003/32008/32013/3
Revenue¥2.3 trillionRevenue¥3.6 trillionNet margin4.8%Net margin5.1%1998/32003/32008/32013/3
Tenure

Tenure

Background

He joined Denso in April 1966 and became General Manager of Production Engineering in December 1990, a Director in March 1995, Managing Director in June 1998 and Senior Managing Director in June 2002, and President in June 2003. He came up through production engineering and also served as president of Denso Manufacturing Michigan in the United States. Among major shareholders for the fiscal year ended March 2006, Toyota Motor held 22.98%, Toyota Industries 7.85% and Robert Bosch affiliates 5.37%, with the parent company and an alliance partner at the top.

Education: Tokyo Institute of Technology (1966)

Selection

In June 2003 he succeeded Hiromu Okabe as President. In the fiscal year ended March 2003, the year before, consolidated revenue was ¥2,332.7 billion and net income ¥111.0 billion. The appointment appears intended to apply his production engineering and U.S. subsidiary experience to overseas expansion.

Initiatives

He set a goal of growth outside Japan and outside Toyota. In February 2007 he established Denso International Asia in Thailand as the regional headquarters for Asia. Consolidated revenue grew from ¥2,562.4 billion in the fiscal year ended March 2004 to ¥4,025.0 billion in FY ended March 2008, and operating income rose from ¥266.6 billion in FY ended March 2006 to ¥348.7 billion. Sales to the Toyota group accounted for 49% in 2008.

Career

Career

Denso

Date Position
Apr 1966 Joined
Dec 1990 General Manager, Production Engineering Department
Mar 1995 Director
Jun 1998 Managing Director
Jun 2002 Senior Managing Director
Jun 2003 President
Jun 2008 Stepped down as President