Naoki Adachi
Profile
Performance in office
Tenure
Tenure
Background
Born in February 1939, he joined Toppan Printing in April 1962. He became General Manager of the Commercial Printing Division in the Commercial Printing Operations in April 1993 and a Director in June of that year, then head of the Commercial Printing Operations in April 1995 and Managing Director in June of that year. From October 1996, as head of Commercial Printing Operations, he was also in charge of the Finance and Securities Operations, becoming Senior Managing Director in June 1997 and Representative Director and Executive Vice President in June 1998. He was a career employee who came up through sales in commercial printing and the finance and securities field.
Selection
In June 2000 he succeeded Hiromichi Fujita, who had been President for nine years, as Representative Director and President. It took him 38 years from joining to become President, the same as his predecessor. In the fiscal year ended March 2000, the year before he took office, consolidated net sales were ¥1,237.0 billion and net income ¥30.4 billion, the second straight year below the ¥1,284.1 billion of the FY ended March 1998. The appointment appears to have put a sales man in the top post at a time when sales were not growing.
Initiatives
Over his ten years in office, consolidated net sales grew by ¥269.7 billion, from ¥1,237.0 billion in the fiscal year ended March 2000 to ¥1,506.7 billion in the FY ended March 2010. They reached ¥1,670.3 billion in the FY ended March 2008, but in the FY ended March 2009 operating income fell to ¥29.2 billion and the company posted a net loss of ¥7.7 billion. Consolidated employees increased by 16,040, from 31,610 in the FY ended March 2002 to 47,650 in the FY ended March 2010. In June 2010 he handed the presidency to Shingo Kaneko.
Career
Career
Toppan
| Date | Position |
|---|---|
| Apr 1962 | Joined |
| Apr 1993 | General Manager, Commercial Printing Division, Commercial Printing Business Headquarters |
| Jun 1993 | Director |
| Apr 1995 | General Manager, Commercial Printing Business Headquarters |
| Jun 1995 | Managing Director |
| Oct 1996 | General Manager, Commercial Printing Business Headquarters, in charge of Finance and Securities Business Headquarters |
| Jun 1997 | Senior Managing Director |
| Apr 1998 | Head of Company-wide Sales, in charge of Finance and Securities Business Headquarters, Commercial Printing Business Headquarters |
| Jun 1998 | Representative Director, Executive Vice President |
| Jun 2000 | Representative Director, President |
| Jun 2010 | Stepped down as President |
References 1
References (Japanese primary sources)
- 凸版印刷 有価証券報告書【役員の状況】