Toshikazu Umatate
Profile
Performance in office
Tenure
Tenure
Background
He joined Nikon in April 1980. He became an Executive Officer in June 2005 and a Managing Executive Officer in June 2012, and became President and Executive Officer in April 2019. He became Representative Director, President and CEO in June that year, a career employee who spent 39 years inside the company from joining to becoming President.
Selection
In June 2019 he succeeded Kazuo Ushida as Representative Director, President and CEO. He had become President and Executive Officer two months earlier, in April, and gained representative authority in June. In the fiscal year ended March 2019, the year before he took office, consolidated net sales were ¥708.6 billion and operating income ¥82.7 billion, just after a two-year recovery from the FY ended March 2017, when operating income sank to ¥0.8 billion.
Initiatives
In the fiscal year ended March 2020, after he took office, consolidated net sales fell to ¥591.0 billion and operating income to ¥6.8 billion, and in the FY ended March 2021 the company was in the red with net sales of ¥451.2 billion and an operating loss of ¥56.2 billion. It then stayed profitable, with operating income of ¥49.9 billion in the FY ended March 2022, ¥54.9 billion in the FY ended March 2023 and ¥39.8 billion in the FY ended March 2024. Net sales recovered to ¥717.2 billion in the FY ended March 2024, the year he stepped down. His five years in office were devoted to recovering from falling sales and losses.
Career
Career
Nikon
| Date | Position |
|---|---|
| Apr 1980 | Joined |
| Jun 2005 | Executive Officer |
| Jun 2012 | Managing Executive Officer |
| Apr 2019 | President, Executive Officer |
| Jun 2019 | Representative Director and President, Executive Officer, CEO |
| Apr 2024 | Representative Director and Chairman, Executive Officer |
| Apr 2024 | Stepped down as President |
References 1
References (Japanese primary sources)
- ニコン 有価証券報告書【役員の状況】