Tetsuro Aikawa
Profile
Performance in office
Tenure
Tenure
Background
He joined Mitsubishi Motors in April 1978. He handled product development as Managing Director in charge of the Product Development Group from June 2005 and of the Product Strategy and Development Group from April 2008. In April 2009 he moved to take charge of the Domestic Sales Group, serving as its head from April 2010. In April 2011 he became Managing Director, head of the Production Group and General Manager of the Production Control Division, and from July that year head of the Production Group, handling the three groups of development, domestic sales and production in turn. As of the fiscal year ended March 2015 he held 10,244 shares.
Selection
His predecessor Osamu Masuko had joined Mitsubishi Corporation in 1972, moved to Mitsubishi Motors in June 2004 as Managing Director in charge of the Overseas Operations Group and became President in January 2005. In June 2014 Masuko moved to Chairman and CEO, and Aikawa became President and COO. The board for the same fiscal year ended March 2015 also included Kei Harunari, who had moved over from Mitsubishi Corporation, as Executive Vice President. The major shareholders as of the FY ended March 2010 were led by Mitsubishi Heavy Industries at 15.16% and Mitsubishi Corporation at 13.99%, and the arrangement appears to have split roles between a CEO from the trading house and a career-employee COO.
Initiatives
In the fiscal year ended March 2015, his first year, net sales were ¥2,180.7 billion and operating income ¥135.9 billion; in the FY ended March 2016 they were ¥2,267.8 billion and ¥138.4 billion. In 2015 the company withdrew from production in the United States, ending production at its Illinois plant. Consolidated employees fell from 30,498 in the FY ended March 2015 to 29,555 in the FY ended March 2016. True to his career path from head of the Production Group to President, the decisions of his tenure appear to have leaned toward reshuffling production bases.
Career
Career
Mitsubishi Motors
| Date | Position |
|---|---|
| Apr 1978 | Joined |
| Jun 2005 | Managing Director, Head of Product Development, in charge of Division |
| Apr 2008 | Managing Director, Head of Merchandise Strategy and Development, in charge of Division |
| Apr 2009 | Managing Director, Head of Domestic Sales, in charge of Division |
| Apr 2010 | Managing Director, Head of Domestic Sales, Division General Manager |
| Apr 2011 | Managing Director, Head of Production, Division General Manager and General Manager, Production Control Headquarters |
| Jul 2011 | Managing Director, Head of Production, Division General Manager |
| Jun 2014 | President and COO |
| Jun 2016 | Stepped down as President |
References 1
References (Japanese primary sources)
- 三菱自動車工業 有価証券報告書【役員の状況】（2015年3月期）