Issei Horino
Profile
Performance in office
Tenure
Tenure
Background
He joined in April 2000 and became a Director in November that year. He served as head of the Third Business Division from March 2007 and General Manager of Engineering from November 2008, and became Representative Director and President in April 2009. It took him nine years from joining to become President, and eight years and five months from joining the board. He was the second President, replacing Yasuhiko Shogaki, who had been President ever since founding Mariane Shokai in May 1973, and had been promoted to the board seven months after joining.
Selection
In April 2009 he succeeded founder Yasuhiko Shogaki as Representative Director and President. In the fiscal year ended August 2008, the year before he took office, consolidated net sales were ¥84.9 billion, operating income ¥7.5 billion, ordinary income ¥7.9 billion and net income ¥4.0 billion. In the FY ended August 2009, when he took office, net sales rose to ¥88.3 billion and operating income to ¥9.2 billion, while the company posted an ordinary loss of ¥6.9 billion and a net loss of ¥4.8 billion. At the time he took office, the largest shareholder was Shogaki personally with 30.51%, so the change left the capital in the founding family's hands.
Initiatives
He served 13 years, from April 2009 to November 2022. Consolidated net sales grew by ¥71.6 billion over ten fiscal years, from ¥84.9 billion the year before he took office to ¥156.5 billion in the fiscal year ended August 2019. In the FY ended August 2014 net sales rose to ¥125.6 billion while operating income fell to ¥5.5 billion and net income to ¥1.1 billion, before recovering in the following years. In the FY ended August 2020 the company swung into the red with net sales of ¥126.8 billion, an operating loss of ¥3.8 billion and a net loss of ¥3.4 billion, and in the FY ended August 2022, his last full year, net sales were ¥144.2 billion, operating income ¥0.4 billion and net income ¥5.6 billion.
Career
Career
Saizeriya
| Date | Position |
|---|---|
| Apr 2000 | Joined |
| Nov 2000 | Director |
| Mar 2007 | General Manager, 3 Division |
| Nov 2008 | General Manager, Engineering Department |
| Apr 2009 | Representative Director, President |
| Nov 2022 | Stepped down as President |
References 1
References (Japanese primary sources)
- 有価証券報告書（2009年8月期）