Yoichi Nakagawa
Profile
Performance in office
Tenure
Tenure
Background
He joined Hanwa in April 1986 and became an Executive Officer 28 years later, in April 2014. He advanced to Director and Executive Officer in June 2015, Director and Managing Executive Officer in April 2016, and Director and Senior Managing Executive Officer in April 2017, before becoming Representative Director and President in April 2022. In the fiscal year ended March 2026, the major shareholders were The Master Trust Bank of Japan (trust account) with 12.39%, the Hanwa Business Partners Shareholding Association with 6.25%, and Custody Bank of Japan with 5.18%; no individual shareholder ranked in the top ten.
Selection
He succeeded Hironari Furukawa as President in April 2022, promoted after five years as Director and Senior Managing Executive Officer. In the fiscal year ended March 2022, just before he took office, consolidated net sales were ¥2,164.0 billion, operating profit ¥62.4 billion and net income ¥43.6 billion, exceeding the previous two years. Two years earlier, in the FY ended March 2020, the company had posted an ordinary loss of ¥12.6 billion and a net loss of ¥13.7 billion, so the handover came in a year when earnings had recovered.
Initiatives
In his first fiscal year, the year ended March 2023, consolidated net sales were ¥2,668.2 billion, operating profit ¥64.1 billion and net income ¥51.5 billion, all above the prior year. Sales then fell to ¥2,432.0 billion and net income to ¥38.4 billion in the FY ended March 2024, and in the FY ended March 2026 net sales were ¥2,662.7 billion, operating profit ¥58.4 billion and net income ¥38.3 billion.
Career
Career
Hanwa
| Date | Position |
|---|---|
| Apr 1986 | Joined |
| Apr 2014 | Executive Officer |
| Jun 2015 | Director, Executive Officer |
| Apr 2016 | Director, Managing Executive Officer |
| Apr 2017 | Director, Senior Managing Executive Officer |
| Apr 2022 | Representative Director, President |
References 1
References (Japanese primary sources)
- 阪和興業 有価証券報告書【役員の状況】