Toru Kuwahara

Profile
Tenure
Apr 2024 – Present
Years in office
2.5 years
Name in Japanese
桑原道
Title at appointment
President, COO
Performance in office
Kanadevia (Hitachi Zosen)
Performance in office
FY2024FY2026Change
Revenue¥555.8billion¥645.2billion+16%
Net margin3.4%1.7%−1.7pt
TanishoMinoKuwahara
Revenue¥645.2 billionNet margin1.7%2019/32021/32026/3
Revenue¥645.2 billionNet margin1.7%2019/32021/32026/3
Tenure

Tenure

Background

He joined Hitachi Zosen in April 1986. He became an Executive Officer in April 2018 and Managing Executive Officer in April 2020, joining the board in June 2021 and becoming Managing Director in April 2022. A career employee who took 32 years from joining to reach executive officer, he rose to President three years after joining the board. Among major shareholders for the fiscal year ended March 2026, trust accounts top the list, with The Master Trust Bank of Japan at 17.26% and Custody Bank of Japan at 5.33%, followed by MUFG Bank at 3.14%.

Selection

In April 2024 he succeeded Sadao Mino as President and COO. In the fiscal year ended March 2024, the year before, consolidated net sales were ¥555.8 billion, operating income ¥24.3 billion and net income ¥18.9 billion, the second straight year of growth from ¥441.7 billion and ¥15.5 billion in FY ended March 2022. In his first year his title was COO; he took on the CEO role from April 2025.

Initiatives

In October 2024 the company changed its name from Hitachi Zosen to Kanadevia. In his first year, the fiscal year ended March 2025, consolidated net sales of ¥610.5 billion, operating income of ¥26.9 billion and net income of ¥22.1 billion exceeded the previous year, but in FY ended March 2026, while net sales grew to ¥645.2 billion, operating income fell to ¥12.2 billion and net income to ¥11.1 billion.

Career

Career

Kanadevia (Hitachi Zosen)

Date Position
Apr 1986 Joined
Apr 2018 Executive Officer
Apr 2020 Managing Executive Officer
Jun 2021 Director
Apr 2022 Managing Director
Apr 2024 President, COO
Apr 2025 President, CEO
References 1

References (Japanese primary sources)

  • カナデビア 有価証券報告書【役員の状況】