Shigeichi Koga
Profile
Performance in office
Tenure
Tenure
Background
A naval engineer, he joined Mitsubishi Shipbuilding in 1926. He became Senior Managing Director in 1964, the year of the three-way merger, and President in December 1971.
Selection
In December 1971 he succeeded Yoichiro Makita as President. While changes of president had mostly come in May or June, this one came in December, midway through the fiscal year. Net sales for the fiscal year ended March 1971 were ¥658.3 billion, down 7% from ¥707.2 billion the previous year. The change also came shortly after the automobile division was transferred to Mitsubishi Motors in June 1970.
Initiatives
For the fiscal year ended March 1972, net sales were ¥701.4 billion and ordinary income ¥35.0 billion, recovering from ¥658.3 billion and ¥28.3 billion the previous year. In FY ended March 1973 net sales reached ¥770.3 billion and ordinary income ¥67.2 billion, a 2.4-fold increase in ordinary income over two years. After a year and a half in office he handed the presidency to Gakuji Moriya in May 1973 and became Chairman.
Career
Career
Mitsubishi Heavy Industries
| Date | Position |
|---|---|
| 1926 | Joined Mitsubishi Shipbuilding |
| 1964 | Senior Managing Director |
| Dec 1971 | President |
| 1973 | Chairman |
| May 1973 | Stepped down as President |