Takayoshi Iwakiri

Profile
Tenure
Jun 2018 – Present
Years in office
8.3 years
Name in Japanese
岩切隆吉
Title at appointment
Representative Director, President, CEO
Performance in office
Noritsu Koki
Performance in office
FY2017FY2025Change
Revenue¥50.0billion¥119.2billion+138%
Net margin8.6%13.1%+4.5pt
Hirotsugu NishimotoIwakiri
Revenue¥54.5 billionRevenue¥119.2 billionNet margin1.8%Net margin13.1%2013/122015/122020/122025/122030/12
Revenue¥54.5 billionRevenue¥119.2 billionNet margin1.8%Net margin13.1%2013/122015/122020/122025/122030/12
Tenure

Tenure

Background

He joined F&M in April 2001 and moved to Opt in September 2003. He became a Director of Opt in March 2011, serving as an officer of a digital advertising company. In June 2018 he became Representative Director, President and CEO of Noritsu Koki. With no manufacturing experience in his prior career, he was an outsider brought in to lead a company whose founding business was photo processing equipment.

Education: Hosei University, Faculty of Engineering (2001)

Selection

In June 2018 he succeeded Hirotsugu Nishimoto as Representative Director, President and CEO. In the fiscal year ended March 2018, the year before he took office, the company posted consolidated net sales of ¥56.0 billion, operating income of ¥6.0 billion and net income of ¥8.9 billion, having recovered within two years from the ¥12.1 billion net loss of the fiscal year ended March 2016. With Sanku Planning, the largest shareholder, holding 41.5%, the top post was handed to someone from outside.

Initiatives

After taking office, he sold off one after another the businesses that had been acquired in the medical, senior and agricultural fields, concentrating the company on manufacturing. He moved the fiscal year-end from March to December, making the fiscal year ended December 2020 a new starting point. Consolidated net sales rose from ¥56.0 billion in the FY ended March 2018 to ¥119.2 billion in the FY ended December 2025, and operating income from ¥6.0 billion to ¥20.8 billion. In the FY ended December 2022, operating income fell to ¥1.3 billion, while net income came to ¥101.6 billion.

Career

Career

Efuandoemu

Date Position
Apr 2001 Joined

Oputo

Date Position
Sep 2003 Joined
Mar 2011 Director

Noritsu Koki

Date Position
Jun 2018 Representative Director, President, CEO
Jun 2018 Representative Director, CEO
References 1

References (Japanese primary sources)

  • ノーリツ鋼機 有価証券報告書【役員の状況】