Hiroshi Aoi

Profile
Tenure
Apr 2005 – Present
Years in office
21.5 years
Name in Japanese
青井浩
Title at appointment
Representative Director, President
Performance in office
Marui Group
Performance in office
FY2005FY2026Change
Revenue¥434.1billion¥276.9billion−36%
Net margin4.4%10.3%+5.9pt
Aoi
Revenue¥561.5 billionRevenue¥245.8 billionRevenue¥276.9 billionNet margin4.3%Net margin7.2%Net margin10.3%2001/32006/32011/32016/32021/32026/3
Revenue¥561.5 billionRevenue¥245.8 billionRevenue¥276.9 billionNet margin4.3%Net margin7.2%Net margin10.3%2001/32006/32011/32016/32021/32026/3
Tenure

Tenure

Background

He joined in July 1986 and became a Director five years later in April 1991 and Managing Director in April 1995. He became Representative Director and Executive Vice President in June 2004 and President the following April 2005. In the fiscal year ended March 2006, just after he took office, the top ten shareholders included Aoi Fudosan with 1.63% and Tadao Aoi with 1.52%, and in the FY ended March 2010 Aoi Fudosan with 1.88% and Tadao Aoi with 1.65% were still there.

Education: Keio University, Faculty of Letters, French Literature (1983)

Selection

In April 2005 he rose from Representative Director and Executive Vice President to Representative Director and President. He entered the officer ranks quickly, becoming a Director in April 1991, five years after joining, and Managing Director in April 1995, after nine, and became President in his 19th year at the company. In the fiscal year ended March 2005, the year before he took office, consolidated net sales were ¥434.1 billion, operating profit ¥36.8 billion and net income ¥19.1 billion. He also became Representative Executive Officer in October 2006 and CEO in April 2019.

Initiatives

In 2006 the company switched to its own EPOS Card, shifting earnings from consumer credit, which was shrinking under the revised Money Lending Business Act, toward card payments and transaction volume. From 2015 it dropped department-store-style consignment purchasing and moved its stores to leasing space to tenants under fixed-term leases. Consolidated net sales fell from ¥404.9 billion in the fiscal year ended March 2015 to ¥245.8 billion in the FY ended March 2016, while operating profit rose from ¥28.0 billion to ¥29.6 billion. In the FY ended March 2026 net sales were ¥276.9 billion and operating profit ¥50.2 billion.

Career

Career

Marui Group Group

Date Position
Jul 1986 Joined
Apr 1991 Director
Apr 1995 Managing Director
Jun 2004 Representative Director, Executive Vice President
Apr 2005 Representative Director, President
Oct 2006 Representative Director, President, Representative Executive Officer
Apr 2019 Representative Director, President, Representative Executive Officer, CEO
References 1

References (Japanese primary sources)

  • 有価証券報告書