Yasuhiro Kurosu

Profile
Tenure
Mar 2016 – Mar 2022
Years in office
6.0 years
Name in Japanese
黒須康宏
Title at appointment
Representative Director, President, COO
Performance in office
ROYAL HOLDINGS
Performance in office
FY2015FY2021Change
Revenue¥130.3billion¥84.0billion−36%
Net margin2.1%-3.5%−5.6pt
KikuchiKurosuAbe
Revenue¥130.3 billionRevenue¥165.5 billionNet margin2.1%Net margin3.4%2011/122015/122020/122025/12
Revenue¥130.3 billionRevenue¥165.5 billionNet margin2.1%Net margin3.4%2011/122015/122020/122025/12
Tenure

Tenure

Background

He joined Royal in June 1982. He gained experience while serving as an officer of operating companies, becoming Director and General Manager of Administration at R&K Food Service (now Royal Food Service) in December 2005 and Director and Executive Vice President of Royal Host in January 2011. At the parent he served as sales promotion officer in the Sales Promotion Department of the Business Management Division from November 2008 and Deputy Head of the Administration Division from April 2010, before becoming a Director in March 2011.

Selection

In March 2016 he succeeded Tadao Kikuchi as Representative Director, President and COO. His title on taking office was COO, and he did not add the CEO role until three years later, in March 2019. In the year ended December 2015, the year before he took office, consolidated net sales were ¥127.2 billion and operating profit ¥4.9 billion, with sales up from ¥124.9 billion the year before. It was a change in which only execution was entrusted to him while his predecessor kept the chief executive role.

Initiatives

After he took office, sales rose for four straight years through the year ended December 2019, with consolidated net sales growing from ¥127.2 billion to ¥136.5 billion. In the year ended December 2020 sales plunged by more than 40% to ¥80.3 billion, with an operating loss of ¥19.3 billion and a net loss of ¥27.5 billion. In May 2020 he also became head of the Structural Reform Promotion Division, and in 2021 he strengthened capital through a capital and business alliance with Sojitz and an issue of preferred shares allotted to four main lending banks.

Career

Career

Roiyaru

Date Position
Jun 1982 Joined
Nov 2008 事業統括本部営業推進部営業推進役 (translation pending)
Apr 2010 Deputy General Manager of Headquarters, Administration Headquarters
Mar 2011 Director
Mar 2016 Representative Director, President, COO
Mar 2019 Representative Director, President, CEO
May 2020 Representative Director, President, CEO, General Manager, Structural Reform Promotion Headquarters
Mar 2021 Representative Director, President, General Manager, Structural Reform Promotion Headquarters
Mar 2022 Stepped down as President

Aruandoke Food Services

Date Position
Dec 2005 Director, General Manager, Administration Department
Jan 2009 Director, General Manager, Planning Operations Department

Habu

Date Position
May 2010 Director
May 2019 Director

Roiyaruhosuto

Date Position
Jan 2011 Executive Vice President
References 1

References (Japanese primary sources)

  • ロイヤルホールディングス 有価証券報告書【役員の状況】