Hajime Mitarai
Profile
Performance in office
Tenure
Tenure
Background
He joined Canon in January 1974 and became a Director in August of that year. He became Managing Director in March 1979, Senior Managing Director in March 1983 and Representative Director and President in March 1993. It took him only seven months from joining to become a Director and nine years to become Senior Managing Director. In the fiscal year ended December 1992 the company posted consolidated net sales of ¥1,914.4 billion and net income of ¥35.6 billion, down from ¥52.1 billion in the previous year.
Selection
In March 1993 he succeeded Keizo Yamaji as President, with Yamaji moving to Representative Director and Vice Chairman. In the fiscal year ended December 1992, the year before he took office, consolidated net sales were ¥1,914.4 billion and net income ¥35.6 billion, a 30% drop in profit from ¥52.1 billion in the FY ended December 1991. It was the first time in 19 years, since Takeshi Mitarai became Chairman in August 1974, that a Mitarai held the presidency.
Initiatives
His tenure lasted about two years and five months, from March 1993 to August 1995, ending with his death in office. Consolidated net sales grew from ¥1,836.1 billion in the fiscal year ended December 1993 to ¥1,933.3 billion in the FY ended December 1994 and ¥2,165.6 billion in the FY ended December 1995. Net income also recovered from ¥21.1 billion to ¥41.0 billion and then ¥55.0 billion.
Career
Career
Canon
| Date | Position |
|---|---|
| Jan 1974 | Joined |
| Aug 1974 | Director |
| Mar 1979 | Managing Director |
| Mar 1983 | Senior Managing Director |
| Mar 1993 | Representative Director, President |
| Aug 1995 | Died in office |
| Sep 1995 | Stepped down as President |