Masahiro Horie
Profile
Performance in office
Tenure
Tenure
Background
He joined Tokyu in April 1984, and served as Representative Director, Executive Officer and Executive Vice President of Tokyu Real Estate Investment Management from June 2001 and as its Executive Officer and President from September 2002. He became an Executive Officer of Tokyu in May 2015, a Director in June 2016 and Managing Executive Officer in June 2020. He became Representative Director and President in June 2023, 39 years after joining.
Selection
He took over as President in June 2023 from Kazuo Takahashi, seven years after joining the board and three years after becoming Managing Executive Officer. In the fiscal year ended March 2023, the year before he took office, consolidated revenue was ¥931.2 billion, operating income ¥44.6 billion and net income ¥25.9 billion, a recovery over two years from an operating loss of ¥31.7 billion and a net loss of ¥55.9 billion in the fiscal year ended March 2021.
Initiatives
In his first year, the fiscal year ended March 2024, consolidated revenue was ¥1,037.8 billion, operating income ¥94.9 billion and net income ¥63.9 billion, all above the previous year. In the fiscal year ended March 2025 revenue was ¥1,054.9 billion and operating income ¥103.5 billion, and in the fiscal year ended March 2026 revenue was ¥1,086.2 billion, operating income ¥103.2 billion and net income ¥87.1 billion. The workforce fell from 24,655 in the fiscal year ended March 2021 to 23,583 in the fiscal year ended March 2024, and stood at 24,054 in the fiscal year ended March 2025.
Career
Career
Tokyu
| Date | Position |
|---|---|
| Apr 1984 | Joined |
| May 2015 | Executive Officer |
| Jun 2016 | Director |
| Jun 2020 | Managing Executive Officer |
| Jun 2023 | Representative Director, President |
Tokyu Riaru Esuteto Investment Management
| Date | Position |
|---|---|
| Jun 2001 | Representative Director, Executive Officer, Executive Vice President |
| Sep 2002 | Executive Officer, President |
References 1
References (Japanese primary sources)
- 東急 有価証券報告書【役員の状況】