Taizo Shimano

Profile
Tenure
Mar 2021 – Present
Years in office
5.6 years
Name in Japanese
島野泰三
Title at appointment
Representative Director, President
Performance in office
Shimano
Performance in office
FY2020FY2025Change
Revenue¥378.0billion¥466.2billion+23%
Net margin16.8%7.3%−9.5pt
Yozo ShimanoTaizo Shimano
Revenue¥466.2 billionNet margin7.3%2016/122020/122025/122030/12
Revenue¥466.2 billionNet margin7.3%2016/122020/122025/122030/12
Tenure

Tenure

Background

He joined Shimano in September 1991 and became a Director 19 years later, in March 2010. He rose to Managing Director in March 2016 and Senior Managing Director in March 2019, and became Representative Director and President in March 2021, 30 years after joining. Among the major shareholders for the fiscal year ended December 2014, Minato Kosan ranked first with 7.98%, ahead of State Street Bank and Trust Company with 6.26%.

Education: Konan University, Faculty of Law

Selection

In March 2021 he succeeded Yozo Shimano as Representative Director and President. Yozo simultaneously moved to Representative Director, Chairman and CEO, separating the roles of CEO and President. The promotion came 11 years after he joined the board in March 2010 and two years after becoming Senior Managing Director, replacing a predecessor who had served 20 years. It took three years from Managing Director to Senior Managing Director and two from Senior Managing Director to President, packing three promotions into the five years before he took office.

Initiatives

In the fiscal year ended December 2021, his first year, consolidated net sales were ¥546.5 billion and operating income ¥148.3 billion, rising to ¥628.9 billion and ¥169.2 billion in the following FY ended December 2022. In the FY ended December 2023, net sales fell to ¥474.4 billion and operating income to ¥83.7 billion, roughly half the previous year. In the FY ended December 2025, net sales were ¥466.2 billion and operating income ¥51.7 billion, 26% and 69% below the peak FY ended December 2022 respectively.

Career

Career

Shimano

Date Position
Sep 1991 Joined
Mar 2010 Director
Mar 2016 Managing Director
Mar 2019 Senior Managing Director
Mar 2021 Representative Director, President
References 1

References (Japanese primary sources)

  • シマノ 有価証券報告書【役員の状況】