Tatsuji Ito

Profile
Tenure
1980 – 1987
Years in office
7.0 years
Name in Japanese
伊藤達二
Title at appointment
Representative Director, President
Performance in office
Mitsubishi Estate
Performance in office
FY1980FY1985Change
Revenue¥125.6billion¥191.9billion+53%
Net margin10.3%10.7%+0.4pt
NakataItoJotaro Takagi
Revenue¥147.4 billionRevenue¥468.9 billionNet margin10.5%Net margin8.8%1975/31977/31982/31987/31992/3
Revenue¥147.4 billionRevenue¥468.9 billionNet margin10.5%Net margin8.8%1975/31977/31982/31987/31992/3
Tenure

Tenure

Background

After joining Mitsubishi Goshi Kaisha he transferred to Mitsubishi Estate in 1953. He became President in 1980, succeeding Otokazu Nakata, and held the post for seven years until retiring to the position of senior adviser in 1987. 1953, the year he transferred, was the year Mitsubishi Estate was re-formed by merging the three companies into which it had been split during the zaibatsu dissolution. As of March 1980, the year he took office, its major shareholders were Meiji Life Insurance with 3.86%, Tokio Marine and Fire Insurance with 3.80% and Mitsubishi Bank with 3.79%.

Education: Tokyo University of Commerce (now Hitotsubashi University)

Selection

His predecessor Otokazu Nakata served as President for 11 years from 1969 to 1980 before moving to Chairman. When Tatsuji Ito took office, Marunouchi was filled with buildings uniformly capped at 31 meters, and the original Marunouchi Building was 57 years old. The promotion of a career employee from the sales side appears to have been a choice to carry on running the leasing business.

Career

Career

Mitsubishi

Date Position
Joined

Mitsubishi Estate

Date Position
1953 Transferred
1980 Representative Director, President
1987 Director, Senior Advisor
1987 Stepped down as President