Sadatake Kumakura
Profile
Performance in office
Tenure
Tenure
Background
He joined Kuraya Yakuhin in October 1971 and became a Director four years later, in October 1975. He rose to Managing Director in December 1978 and Representative Director and Executive Vice President in December 1980, and in April 1989, at 45, became Representative Director and President of Kuraya Yakuhin. He led the company for 11 years until moving in April 2000 to become Representative Director and Executive Vice President of the new company formed by a three-way merger. In the list of major shareholders for the fiscal year ended March 2006, he was the only individual, ranking tenth with 1.41%.
Selection
In June 2002 he was promoted from Representative Director and Executive Vice President to Representative Director and President. He had joined the April 2000 three-way merger as President of Kuraya Yakuhin and spent a little over two years as Executive Vice President after the integration before the promotion. In the shareholder structure for the fiscal year ended March 2006, Takeda Pharmaceutical ranked first with 8.74% and Astellas Pharma held 2.64%, with drugmakers that were the company's suppliers near the top.
Initiatives
In 2005 he made Paltac, the largest wholesaler of daily goods, a wholly owned subsidiary through a share exchange, placing pharmaceutical wholesaling and daily goods wholesaling side by side. In 2009 the pharmaceutical wholesale business was transferred through a company split, and the company became a pure holding company. Consolidated net sales grew from ¥1,921.7 billion in the fiscal year ended March 2006 to ¥2,750.2 billion in the FY ended March 2012, the year he stepped down. Net income was only ¥2.0 billion in the FY ended March 2010 and ¥1.7 billion in the FY ended March 2011.
Career
Career
Kuraya Pharmaceutical
| Date | Position |
|---|---|
| Oct 1971 | Joined |
| Oct 1975 | Director |
| Dec 1978 | Managing Director |
| Dec 1980 | Representative Director, Executive Vice President |
| Apr 1989 | Representative Director, President |
Medipal Holdings
| Date | Position |
|---|---|
| Apr 2000 | Representative Director, Executive Vice President |
| Jun 2002 | Representative Director, President |
| Apr 2006 | Chairman, Business Reform and IT Strategy Committee |
| Apr 2012 | Stepped down as President |
References 1
References (Japanese primary sources)
- メディパルホールディングス 有価証券報告書【役員の状況】