Takeshi Ino

Profile
Tenure
Jun 1998 – Dec 2000
Years in office
2.5 years
Name in Japanese
稲生武
Title at appointment
President
Performance in office
Isuzu Motors
Performance in office
FY1998FY2000Change
Revenue¥1.8trillion¥1.5trillion−16%
Net margin0.3%-6.9%−7.2pt
SekiInoIda
Revenue¥758.4 billionRevenue¥1.5 trillionNet margin0.8%Net margin4%1993/31995/32000/32005/3
Revenue¥758.4 billionRevenue¥1.5 trillionNet margin0.8%Net margin4%1993/31995/32000/32005/3
API: /api/7202/financials_history.csv · /api/7202/financials/pl.json
Tenure

Tenure

Background

Takeshi Ino joined Isuzu Motors in 1962, came up through heavy vehicle development and research and testing, and became a Director in 1990. He served as president of the Isuzu Ceramics Research Institute from 1993 and of the Isuzu Central Research Institute from 1995. His successor Yoshinori Ida also held the presidency of the Isuzu Central Research Institute alongside his post as Senior Managing Director, making it a post filled by officers of the parent. After managing the engineering side, he rose to Executive Vice President.

Education: Tokyo Institute of Technology, School of Science and Engineering, Mechanical Engineering (1962)

Selection

In June 1998 he succeeded Kazuhira Seki as President. In the fiscal year ended March 1998, before he took office, consolidated net sales were ¥1,799.6 billion, down from ¥1,923.2 billion the previous year, and net income had shrunk from ¥9.5 billion to ¥6.0 billion. In FY ended March 1999 net sales fell further to ¥1,619.1 billion. As commercial vehicle sales dwindled, the company entrusted its top post to an engineer who had come up through heavy vehicle development.

Initiatives

In September 1998, three months after he took office, the company established DMAX Ltd., a joint venture with General Motors Corporation owned 60:40. Isuzu had concluded a basic agreement for a comprehensive alliance with GM in July 1971. In the fiscal year ended March 2000, however, it posted a net loss of ¥104.1 billion on consolidated net sales of ¥1,506.6 billion, and in December that year he handed the presidency to Yoshinori Ida.

Career

Career

Isuzu Motors

Date Position
Apr 1962 Joined
Feb 1982 開発本部大型車研究実験部長 (translation pending)
Jan 1990 Director
Jan 1993 Managing Director
Jun 1995 Senior Managing Director
Apr 1998 Executive Vice President
Jun 1998 President
Dec 2000 Stepped down as President

Isuzu Ceramics Laboratory, Isuzu Engineering

Date Position
Jun 1993 President

Isuzu Central Research Institute

Date Position
Jan 1995 President