Masahiko Moriyama

Profile
Tenure
Apr 2024 – Present
Years in office
2.5 years
Name in Japanese
森山昌彦
Title at appointment
Representative Director, President
Performance in office
T&D Holdings
Performance in office
FY2024FY2026Change
Revenue¥3.2trillion¥3.5trillion+9%
Net margin3.1%4%+0.9pt
KidaUeharaMoriyama
Revenue¥3.5 trillionNet margin4%2019/32021/32026/3
Revenue¥3.5 trillionNet margin4%2019/32021/32026/3
Tenure

Tenure

Background

He joined Daido Life Insurance in April 1989. He became an Executive Officer of Daido Life in April 2016 and Director and Managing Executive Officer in June 2019. In April 2022 he moved to the holding company T&D Holdings as Senior Managing Executive Officer, becoming Representative Director and Senior Managing Executive Officer in June 2023. After 33 years at a life insurer in the group, he served two years at the holding company before rising to President.

Education: Kwansei Gakuin University, Faculty of Economics (1989)

Selection

In April 2024 he became Representative Director and President, succeeding Hirohisa Uehara. Two years earlier, in the fiscal year ended March 2023, the group had posted a consolidated net loss of ¥132.1 billion, and in the fiscal year ended March 2024, the year before he took office, it had just returned to net income of ¥98.7 billion. The man who had handled the loss as Senior Managing Executive Officer went on to take over as President.

Initiatives

Consolidated net income was ¥126.4 billion in the fiscal year ended March 2025 and ¥139.0 billion in the fiscal year ended March 2026, with ordinary profit rising to ¥257.2 billion. For shareholder returns, the group set out a policy of devoting 50-60% of annual profit to cash dividends and share buybacks, and of reducing its strategic shareholdings, excluding those in business partners and the like, to zero by the end of March 2031.

Career

Career

T&D Holdings

Date Position
Apr 1989 Joined Daido Life Insurance
Apr 2016 大同生命 執行役員 (translation pending)
Jun 2019 Director, Managing Executive Officer
Apr 2022 Senior Managing Executive Officer, T&D HD
Jun 2023 Representative Director, Senior Managing Executive Officer
Apr 2024 Representative Director, President
References 1

References (Japanese primary sources)

  • T&Dホールディングス 有価証券報告書【役員の状況】