Hiroyori Nishima
Profile
Performance in office
Tenure
Tenure
Background
He joined Sumitomo Realty & Development in April 1984 and became an Executive Officer 20 years later, in April 2004. He became Managing Executive Officer in April 2007, a Director in June 2009 and Representative Director in June 2010, and was appointed President in June 2013. It took him 29 years from joining to become President, climbing the internal ladder step by step without working elsewhere. In the fiscal year ended March 2010, the major shareholders were led by Japan Trustee Services Bank with 5.52%, followed by trust banks and business partners such as Sumitomo Mitsui Banking, Kajima and Shimizu, with no individuals in the top ten.
Selection
He became President in June 2013, succeeding Kenichi Onodera. In the fiscal year ended March 2013, the year before he took office, consolidated revenue was ¥736.6 billion, operating income ¥151.3 billion and net income ¥59.8 billion, up in both revenue and profit from ¥688.6 billion, ¥147.5 billion and ¥53.2 billion the previous year. His promotion came after three years in management as a Representative Director from June 2010.
Initiatives
Over his 12 fiscal years in office, consolidated revenue rose from ¥736.6 billion in the year before he took office to ¥1,014.2 billion in the fiscal year ended March 2025, and operating income from ¥151.3 billion to ¥271.5 billion. Net income also rose from ¥59.8 billion to ¥191.6 billion. In the fiscal year ended March 2021, during the pandemic, revenue fell from ¥1,013.5 billion the year before to ¥917.4 billion and operating income from ¥234.3 billion to ¥219.2 billion, but net income edged up from ¥140.9 billion to ¥141.3 billion. Operating income recovered to ¥233.9 billion in the fiscal year ended March 2022, and profits rose every year thereafter.
Career
Career
Sumitomo Realty & Development
| Date | Position |
|---|---|
| Apr 1984 | Joined |
| Apr 2004 | Executive Officer |
| Apr 2007 | Managing Executive Officer |
| Jun 2009 | Director |
| Jun 2010 | Representative Director |
| Jun 2013 | President |
References 1
References (Japanese primary sources)
- 住友不動産 有価証券報告書【役員の状況】