Tatsuzo Mizukami
Profile
Performance in office
Tenure
Tenure
Background
Daiichi Bussan was established on July 25, 1947, with capital of ¥195,000 by 37 people from the nonferrous metals, food, fertilizer, chemicals, building materials and planning departments. Tatsuzo Mizukami became President of its successor, Mitsui & Co., in 1961. In 1987 he wrote "My Showa History of a Trading Company," an insider's account of events from the dissolution of the old Mitsui & Co. to the great reunification of 1959, and he appears to have known Daiichi Bussan from its early days.
Selection
In 1961 he succeeded Yasutaro Niizeki as President. In February 1959, two years before he took office, the merger with Muromachi Bussan had been completed with Daiichi Bussan as the surviving company, and the name had just reverted to Mitsui & Co. In the merger Daiichi Bussan, with six times Muromachi Bussan's sales, became the surviving company. Sales in the fiscal year ended March 1961 were ¥639.9 billion. The appointment appears to have put someone involved in the reunification negotiations at the head of the company right after the integration.
Initiatives
In January 1963 the company joined the development of Australia's Moura coal mine, and in February 1965 the Robe River iron ore mine in Australia. In October 1966 it signed a long-term iron ore contract for Mount Newman in Australia. It shifted from deals that secured buyers to deals that held stakes in mines. In April 1966 it established Mitsui & Co. (U.S.A.), which later grew to rank among the top five U.S. companies in export contribution.
Career
Career
Mitsui &
| Date | Position |
|---|---|
| 1961 | President |
| 1968 | Stepped down as President |