Seiji Nakata
Profile
Performance in office
Tenure
Tenure
Background
He joined Daiwa Securities Group in April 1983, becoming an Executive Officer in April 2007, Managing Executive Officer in April 2009 and Director and Managing Executive Officer in June 2009. He became Senior Managing Executive Officer in April 2015 and Representative Executive Officer, Deputy President and COO in April 2016, and became Director, Representative Executive Officer, President and CEO in April 2017, in his 34th year with the company. Since joining in 1983 he has never left the Daiwa Securities Group.
Selection
In April 2017 he succeeded Takashi Hibino as Director, Representative Executive Officer, President and CEO, promoted after a year as Representative Executive Officer, Deputy President and COO from April 2016, an internal promotion from Deputy President like his predecessor. In the fiscal year ended March 2017, the year before he took office, consolidated net sales were ¥616.4 billion, operating profit ¥119.1 billion and net income ¥104.0 billion, with net income having fallen for three straight years from ¥169.4 billion in the FY ended March 2014.
Initiatives
Net income during his tenure swung between ¥63.8 billion in the fiscal year ended March 2019, ¥108.3 billion in the FY ended March 2021 and ¥63.8 billion in the FY ended March 2023. In the FY ended March 2024, his final year, net sales were ¥1,277.4 billion, operating profit ¥153.7 billion and net income ¥121.5 billion, recovering from ¥866.0 billion, ¥66.3 billion and ¥63.8 billion the year before. In April 2024 he stepped back to Chairman and Executive Officer. The shift from single-product transactions to a wealth management business aimed at maximizing clients' asset value began in his term and was handed on to his successor Akihiko Ogino.
Career
Career
Daiwa Securities Group
| Date | Position |
|---|---|
| Apr 1983 | Joined |
| Apr 2007 | Corporate Executive Officer |
| Apr 2009 | Managing Corporate Executive Officer |
| Jun 2009 | Director and Managing Corporate Executive Officer |
| Apr 2015 | Senior Managing Corporate Executive Officer |
| Apr 2016 | Representative Corporate Executive Officer, Executive Deputy President, COO |
| Apr 2017 | Director and Representative Corporate Executive Officer, President, CEO |
| Apr 2024 | Chairman and Corporate Executive Officer |
| Apr 2024 | Stepped down as President |
References 1
References (Japanese primary sources)
- 大和証券グループ本社 有価証券報告書 第88期（2025年3月期）【役員の状況】