Takeo Fukui
Profile
Performance in office
Tenure
Tenure
Background
He joined in April 1969, and served as President of Honda Racing and Managing Director of Honda R&D in May 1987, President of Honda of America Manufacturing in June 1996 and President of Honda R&D in June 1998. A career employee who had passed through racing, the R&D company and North American production, he became President of Honda Motor in June 2003. He had neither blood ties to the founding family nor a shareholding to back him.
Selection
In June 2003 he succeeded Hiroyuki Yoshino as President. In the fiscal year ended March 2003, just before, consolidated net sales were ¥7,971.4 billion and net income ¥426.6 billion. Net income for the following FY ended March 2004 was ¥464.3 billion, with strength in North America pushing profits to a record high. The appointment in effect placed an engineer who had headed the R&D company and the North American plant at the top of the parent, under an earnings structure increasingly dependent on the United States.
Initiatives
In January 2004 he established Honda Motor (China) Investment to oversee the China business, expanding local production through two joint ventures, Guangzhou Honda and Dongfeng Honda. On July 18, 2007, Guangzhou Honda announced that it would launch an original China-only brand not using the Honda name, targeting 2010, and that it would open an R&D center with a high-speed test course at a cost of ¥30.0 billion.
Career
Career
Honda Motor
| Date | Position |
|---|---|
| Apr 1969 | Joined |
| Jun 1988 | Director |
| Jun 1996 | Managing Director |
| Jun 1999 | in charge of Motors Potsu |
| Jun 1999 | Senior Managing Director |
| Jun 2003 | President |
| Jun 2009 | Stepped down as President |
Honda Obuamerikamanyufakuchuaringu Inkoporeteddo
| Date | Position |
|---|---|
| Jun 1994 | Executive Vice President |
| Jun 1996 | President |
Honda Reshingu
| Date | Position |
|---|---|
| May 1987 | President |
Honda R&D
| Date | Position |
|---|---|
| May 1987 | Managing Director |
| Jun 1990 | Senior Managing Director |
| Jun 1998 | President |