Eiichi Yamada

Profile
Tenure
Mar 1946 – Jun 1981
Years in office
35.3 years
Name in Japanese
山田栄一
Title at appointment
Representative Director, President
Performance in office
Citizen Watch
Performance in office
FY1965FY1981Change
Revenue¥12.1billion¥132.1billion+992%
Net margin7.7%4.5%−3.2pt
YamadaYamazaki
Revenue¥12.1 billionRevenue¥51.4 billionRevenue¥147.7 billionNet margin7.7%Net margin3.5%Net margin4%1965/31970/31975/31980/31985/3
Revenue¥12.1 billionRevenue¥51.4 billionRevenue¥147.7 billionNet margin7.7%Net margin3.5%Net margin4%1965/31970/31975/31980/31985/3
Tenure

Tenure

Background

Born in Shizuoka Prefecture in 1908, he graduated from Tokyo University of Commerce in March 1931 and joined Mitsui Life Insurance in April of that year. He left the company in November 1936 and moved to Citizen Watch in November 1937. He became a Director in September 1941, less than four years after joining, Managing Director in April 1944 and Senior Managing Director in October 1945. His background was not in watchmaking but in administration at an insurance company.

Education: Tokyo University of Commerce (now Hitotsubashi University) (1931)

Selection

He became Representative Director and President in March 1946, five months after rising to Senior Managing Director in October 1945, during the reconstruction period right after Japan's defeat. Yuji Watanabe, listed in the same officer roster, had joined in May 1930 and took 29 years to become a Director, so Yamada's appointment nine years after joining in 1937 appears to have broken with the company's seniority order.

Initiatives

While President he also headed affiliated companies. He became Representative Director and President of the sales company Citizen Shoji in June 1949 and Chairman of the Board of Rhythm Watch in May 1965, and in April 1971 stepped back to Director at Citizen Shoji. His presidency lasted 35 years, from March 1946 to June 1981, when he moved to Representative Director and Chairman and handed the presidency to Rokuya Yamazaki.

Career

Career

Mitsui Life Insurance

Date Position
Apr 1931 Joined
Nov 1936 Left the company

Citizen Watch

Date Position
Nov 1937 Joined
Sep 1941 Director
Apr 1944 Managing Director
Oct 1945 Senior Managing Director
Mar 1946 Representative Director, President
Jun 1981 Representative Director, Chairman
Jun 1981 Stepped down as President

Shichizun Shoji

Date Position
Jun 1949 Representative Director, President
Apr 1971 Director

Rizumu Watch Industries

Date Position
May 1965 Chairman
References 3