Masanori Katayama

Profile
Tenure
Jun 2015 – Apr 2023
Years in office
7.8 years
Name in Japanese
片山正則
Title at appointment
Representative Director, President
Performance in office
Isuzu Motors
Performance in office
FY2015FY2023Change
Revenue¥1.9trillion¥3.2trillion+70%
Net margin6.2%4.7%−1.5pt
HosoiKatayamaMinamiYamaguchi
Revenue¥1.9 trillionRevenue¥3.5 trillionNet margin5.9%Net margin3.9%2011/32016/32021/32026/3
Revenue¥1.9 trillionRevenue¥3.5 trillionNet margin5.9%Net margin3.9%2011/32016/32021/32026/3
Tenure

Tenure

Background

He joined Isuzu Motors in April 1978 and became a Director in June 2007. He became Executive Vice President in April 2014 and, a year and two months later, Representative Director and President in June 2015, 37 years after joining. After stepping down as President in April 2023, he remained in management as Representative Director, Chairman and CEO.

Selection

His predecessor was Susumu Hosoi. In the fiscal year ended March 2015, the year before, consolidated net sales were ¥1,879.4 billion, operating income ¥171.1 billion and net income ¥117.0 billion; sales were up ¥118.6 billion from the previous year while operating income was down ¥3.1 billion from ¥174.2 billion. The change came a year and two months after he became Executive Vice President. It appears to have been a generational change at a time when profits had plateaued even as sales grew.

Initiatives

Consolidated net sales grew from ¥1,926.9 billion in the fiscal year ended March 2016 to ¥3,195.5 billion in FY ended March 2023, and operating income from ¥171.6 billion to ¥253.5 billion. In FY ended March 2021 net sales fell to ¥1,908.1 billion and operating income to ¥95.7 billion, but recovered to ¥2,514.2 billion in FY ended March 2022. Over the same period consolidated employees increased by 8,000, from 36,224 to 44,299, and the expansion in scale was accompanied by acquisitions.

Career

Career

Isuzu Motors

Date Position
Apr 1978 Joined
Jun 2007 Director
Apr 2014 Executive Vice President
Jun 2015 Representative Director, President
Apr 2023 Representative Director, Chairman, CEO
Apr 2023 Stepped down as President
References 1

References (Japanese primary sources)

  • いすゞ自動車 有価証券報告書【役員の状況】