Masashi Isano

Profile
Tenure
1961 – 1969
Years in office
8.0 years
Name in Japanese
砂野仁
Title at appointment
President
Performance in office
Kawasaki Heavy Industries
Performance in office
FY1967FY1968Change
Revenue¥69.5billion¥87.5billion+26%
Net margin2.3%2.3%±0.0pt
IsanoYotsumoto
Revenue¥436.0 billionNet margin2.1%1967/31969/31974/3
Revenue¥436.0 billionNet margin2.1%1967/31969/31974/3
Tenure

Tenure

Background

He graduated from the economics faculty of Kyoto Imperial University in 1926 and joined Kawasaki Dockyard in April 1927. He was from Yosa District, Kyoto Prefecture. In March 1954 he went out to Kawasaki Aircraft Industries as Executive Vice President to manage that company, and returned to the parent in December 1959 as Senior Managing Director. He had seen from the inside both the parent, by then focused solely on shipbuilding, and the separated aircraft company.

Education: Kyoto Imperial University, Faculty of Economics (now Kyoto University) (1926)

Selection

When shipping markets deteriorated after the Suez Canal reopened in April 1957 and new shipbuilding orders dried up, Kawasaki Heavy Industries turned to diversifying into land-based businesses and expanding scale. In November 1961 it adopted a four-division structure of shipbuilding, machinery, precision machinery and steel structures, and the following December Isano, then Senior Managing Director, succeeded Toshio Tezuka as the sixth president. He had led an affiliated company as Executive Vice President of Kawasaki Aircraft Industries, and took office two years after returning to the parent.

Initiatives

Around the time he took office, the company attempted mergers with Harima Shipbuilding, Nagoya Zosen and Uraga Dock, all three of which failed in succession. It pursued scale with its own facilities instead, deciding at the end of 1964 to expand to Bannosu in Kagawa Prefecture and opening the Sakaide Works in January 1967 with a 350,000-ton building dock and a 500,000-ton repair dock. Concluding on a 1966 trip to Europe that companies needed to become much larger, Isano settled a merger in principle in January 1968 in an hour's talk with Kiyoshi Yotsumoto of Kawasaki Aircraft Industries and Masao Ueda of Kawasaki Sharyo, and absorbed the two companies in April 1969.

Career

Career

Kawasaki Heavy Industries

Date Position
1961 President
1969 Stepped down as President
References 3

References (Japanese primary sources)