Six generations of family succession — from Nakamura Koichi to Nakamura Kimihiro (2016)
What the design of the handover produced
What distinguishes this succession is that the title of president and the final authority of the CEO were deliberately handed over separately, nine years apart. In 2016 Kimihiro was given the presidency and executive management first, with an interval in which Koichi stayed involved as chairman; only in 2025 was CEO authority itself transferred. This can be read not as a one-off generational change but as a design worked out over time — giving the successor a period to master the work while gradually thinning the founding family’s involvement.
What the 2025 change left Koichi was the post of chairman and chairman of the board without representative authority: withdrawn from executive management, yet still able to take part in running the board — a stance that does not entirely let go of the founding family’s presence. For a company where the family has held the presidency for roughly a century across six generations, the question is whether family succession continues from here or whether the pattern changes in Kimihiro’s generation — and how the next handover is designed will be worth watching.
Revenue and net margin, FY2011–FY2021
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY2016 onwards — after it was taken.
Source: securities reports
Read the full dossier in Japanese →
The Japanese edition carries the complete record of this decision — the situation that forced it, the options weighed, what actually followed, and the sources behind every claim.
Other key decisions at Sankyu
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
Disclaimer
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company’s securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader’s own risk. Past performance does not indicate future results.
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