Takateru Koakimoto

Profile
Tenure
1979 – Jun 1983
Years in office
4.4 years
Name in Japanese
小秋元隆輝
Title at appointment
President
Performance in office
Nikon
Performance in office
FY1979FY1983Change
Revenue¥84.1billion¥135.2billion+61%
Net margin3.3%2.2%−1.1pt
SugiIyanagaKoakimotoFukuoka
Revenue¥56.0 billionRevenue¥187.7 billionNet margin3%Net margin2.7%1975/31980/31985/3
Revenue¥56.0 billionRevenue¥187.7 billionNet margin3%Net margin2.7%1975/31980/31985/3
Tenure

Tenure

Background

He graduated from Tohoku Imperial University's Faculty of Science in March 1936 and joined the company the same month, becoming head of the President's Office in August 1964 and a Director in May 1967. He was Director and head of the President's Office from March 1970, head of the Camera Division from May 1971 and also General Manager of Camera Design from November that year, holding both company-wide planning and the design floor of the core business. He became Managing Director in November 1973 and Executive Vice President in June 1977. He was born in Niigata Prefecture.

Education: Tohoku Imperial University, Faculty of Science, Physics (1936)

Selection

The 1979 and 1981 editions of the Japan Company Directory record that he became President in June 1978. His predecessor Kyojiro Iyanaga was an outsider from Mitsubishi Bank, and the presidency returned to a career employee with 42 years at the company. Those who sat alongside as Executive Vice Presidents in June 1979 were Shigetada Fukuoka, who led the Precision Equipment Division, and Hikoo Shinohara, head of the Camera Division, a lineup that elevated both equipment and cameras together with the executives in charge. In the fiscal year ended March 1978, before he took office, non-consolidated net sales were ¥74.6 billion and ordinary income ¥3.5 billion.

Initiatives

It was during his tenure that semiconductor lithography equipment got off the ground as a business. The company entered semiconductor manufacturing equipment in 1980, opening the door to a second pillar after cameras. Overseas, he personally served as President of Nikon Europe B.V. from August 1979 and as managing director of Nikon GmbH from September. Non-consolidated net sales grew from ¥74.6 billion in the fiscal year ended March 1978 to ¥135.2 billion in the FY ended March 1983, while ordinary income fell from ¥8.7 billion in the FY ended March 1982 to ¥5.0 billion.

Career

Career

Nippon Kogaku

Date Position
1936 Joined
1967 Director, General Manager, Camera Division
1973 Managing Director
1977 Executive Vice President
1979 President
1983 Senior Advisor
Jun 1983 Stepped down as President
References 2

References (Japanese primary sources)