Satoshi Seino
Profile
Performance in office
Tenure
Tenure
Background
He joined Japanese National Railways in April 1970 and served as General Manager of General Affairs at the Sendai Railway Operating Division from November 1985. In April 1987 he moved to East Japan Railway Company, formed to take over JNR's business, and worked through administrative posts as General Manager of General Affairs at the Tohoku Regional Head Office, head of the General Affairs Section, General Manager of Finance and General Manager of Personnel. He became Director and General Manager of Personnel in June 1996, Managing Director in June 2000 and in June 2002 Representative Director and Executive Vice President, also heading the Corporate Planning Headquarters.
Selection
In April 2006 he became Representative Director and President, succeeding Mutsutake Otsuka. In the fiscal year ended March 2006, the year before he took office, consolidated revenue was ¥2,592.3 billion, ordinary profit ¥274.7 billion and net income ¥157.5 billion. East Japan Railway had completed full privatization in June 2002 with the sale of 500,000 shares held by the Japan Railway Construction Public Corporation, and Satoshi Seino had been in charge of management planning as head of the Corporate Planning Headquarters since that same month.
Initiatives
In February 2010 the company transferred its credit card business to Viewcard through an absorption-type split, and in December 2010 opened the 81.8 km section of the Tohoku Shinkansen between Hachinohe and Shin-Aomori. Consolidated net income fell from ¥187.2 billion in the fiscal year ended March 2009 to ¥76.2 billion in the fiscal year ended March 2011, recovering to operating income of ¥360.0 billion and net income of ¥108.7 billion in his final year, the fiscal year ended March 2012. The drop in profit appears to have stemmed from the suspension of services after the March 2011 earthquake.
Career
Career
Japanese National Railways
| Date | Position |
|---|---|
| Apr 1970 | Joined |
| Nov 1985 | General Manager, General Affairs Department, Sendai Railway Administration Bureau |
East Japan Railway
| Date | Position |
|---|---|
| Apr 1987 | Joined as General Manager, Tohoku Regional Head Office General Affairs Department |
| Mar 1988 | Manager, General Affairs Section, General Affairs Department |
| Jun 1991 | General Affairs Department, General Manager |
| May 1992 | General Manager, Finance Department, General Manager, Nissay Human Resources Department |
| Jun 1996 | Director, General Manager, Human Resources Department and General Manager, Human Resource Development Department |
| Jun 1997 | Director, General Manager, Human Resources Department |
| Jun 2000 | Managing Director |
| Jun 2002 | Representative Director, Executive Vice President, General Manager, Corporate Planning Headquarters |
| Apr 2006 | Representative Director, President |
| Apr 2012 | Chairman |
| Apr 2012 | Stepped down as President |
References 1
References (Japanese primary sources)
- 東日本旅客鉄道 有価証券報告書（役員の状況）