Hiroyuki Negishi

Profile
Tenure
Apr 2008 – Mar 2009
Years in office
0.9 years
Name in Japanese
根岸宏之
Title at appointment
Representative Director, President
Performance in office
Katitas
CEOs and long-term results
FY2014
Non-consolidated
Revenue
¥39.7 billion
Net margin
1.3%
Tadao SudaNegishiChikara SudaArai
Revenue¥39.7 billionNet margin1.3%2006/32009/32014/3
Revenue¥39.7 billionNet margin1.3%2006/32009/32014/3
Tenure

Tenure

Background

He joined Yamaichi Securities in April 1989, moved to AIG Alico Japan in July 1997 and to KOBE Securities in July 1999. He joined Yasuragi in February 2005, joined its subsidiary Property the following March and became its Representative Director in April. He became Director, Executive Officer and head of the President's Office in April 2006 and Director and head of the Administration Division in October that year. An outsider from securities and insurance, his résumé shows no experience in sales or construction for the used-home renovation business.

Education: Rikkyo University, Faculty of Economics (1989)

Selection

In April 2008 he became Representative Director and President, succeeding Tadao Suda, who had been President since the company's founding in 1978 and who moved to Chairman that month, remaining in the company. In the fiscal year ended January 2008, just before he took office, consolidated revenue was ¥53.7 billion with a net loss of ¥1.6 billion, down from revenue of ¥76.0 billion and net income of ¥1.5 billion the year before. The other directors on the same board list had joined in 1989, 2002 and 2004, and Negishi, who joined in February 2005, became President three years after joining. He held 400 shares, against Suda's 3,993,100.

Initiatives

Consolidated revenue fell to ¥41.4 billion in the fiscal year ended January 2009, but the company returned to the black with operating income of ¥2.3 billion, ordinary profit of ¥1.3 billion and net income of ¥0.6 billion. In March 2009 he became a director without representative authority, and the presidency passed to Chikara Suda. He served for about a year.

Career

Career

Yamaichi Securities

Date Position
Apr 1989 Joined

AIG Ariko Japan

Date Position
Jul 1997 Joined

KOBE Securities

Date Position
Jul 1999 Joined

Puropati

Date Position
Mar 2005 Joined
Apr 2005 Representative Director

Yasuragi

Date Position
Feb 2005 Joined
Apr 2006 Director, Executive Officer, General Manager, President's Office
Oct 2006 Director, General Manager, Administration Headquarters
Apr 2008 Representative Director, President
Mar 2009 代表権のない取締役 (translation pending)
Mar 2009 Stepped down as President
References 1

References (Japanese primary sources)

  • やすらぎ(現・カチタス) 有価証券報告書【役員の状況】(2008年1月期)