Nobuaki Kato
Profile
Performance in office
Tenure
Tenure
Background
He joined Denso in April 1971, became a Director in June 2000, a Managing Officer in June 2004 and Senior Managing Director in June 2007, and President in June 2008. He came up through overseas operations and served as president of the European subsidiary. Among major shareholders for the fiscal year ended March 2010, Toyota Motor held 22.54%, Toyota Industries 7.85% and Robert Bosch affiliates 5.25%, with the parent company and an alliance partner at the top.
Selection
In June 2008 he succeeded Koichi Fukaya as President. In the fiscal year ended March 2008, the year before, consolidated revenue was ¥4,025.0 billion and operating income ¥348.7 billion. In FY ended March 2009, his first year, revenue fell to ¥3,142.6 billion, with an operating loss of ¥37.3 billion and a net loss of ¥84.0 billion. The appointment appears intended to apply his experience leading the European subsidiary to coping with shrinking overseas demand.
Initiatives
In 2008, the year he took office, sales to the Toyota group accounted for 49%. Operating income recovered to ¥136.6 billion in the fiscal year ended March 2010, and in FY ended March 2014 consolidated revenue of ¥4,095.9 billion and operating income of ¥377.7 billion exceeded the levels of FY ended March 2008. In FY ended March 2015, his final year, revenue was ¥4,308.7 billion, operating income ¥331.4 billion and net income ¥293.0 billion.
Career
Career
Denso
| Date | Position |
|---|---|
| Apr 1971 | Joined |
| Jun 2000 | Director |
| Jun 2004 | Managing Officer |
| Jun 2007 | Senior Managing Director |
| Jun 2008 | President |
| Jun 2015 | Stepped down as President |