Satoshi Horikiri

Profile
Tenure
Jan 2023 – Present
Years in office
3.8 years
Name in Japanese
堀切智
Title at appointment
Representative Director, President
Performance in office
Nippon Express Holdings
Performance in office
FY2022FY2025Change
Revenue¥2.6trillion¥2.6trillion−2%
Net margin4.2%0.1%−4.1pt
SaitoHorikiri
Revenue¥2.6 trillionNet margin0.1%2018/122020/122025/122030/12
Revenue¥2.6 trillionNet margin0.1%2018/122020/122025/122030/12
API: /api/9147/financials_history.csv · /api/9147/financials/pl.json
Tenure

Tenure

Background

He joined Nippon Express in April 1983 and became an Executive Officer 32 years later, in May 2015. He rose to Director and Executive Officer in May 2018 and Representative Director and Executive Vice President in June 2020, and with the shift to a holding company structure became Representative Director and Executive Vice President of NIPPON EXPRESS HOLDINGS in January 2022. In the fiscal year ended December 2025, the major shareholders were corporate, led by The Master Trust Bank of Japan at 14.7%, Asahi Mutual Life Insurance at 6.9% and Custody Bank of Japan at 5.4%, with no individuals in the top ten.

Education: University of Tokyo, Faculty of Law (1983)

Selection

In January 2023 he succeeded Mitsuru Saito as Representative Director and President of the operating company Nippon Express, and in March 2024 became Representative Director and President of the holding company NIPPON EXPRESS HOLDINGS. In the year before his appointment, the fiscal year ended December 2022, consolidated revenue was ¥2,619.7 billion, operating profit ¥155.5 billion and net income ¥109.8 billion. He was promoted after two and a half years as Representative Director and Executive Vice President.

Initiatives

In 2023 the company sued Accenture over a failed core system development project, seeking ¥12.4 billion in damages. While deciding to acquire the Canadian logistics major Metro Supply Chain Group, it pressed ahead with shrinking its asset base. Consolidated revenue fell to ¥2,239.0 billion and operating profit to ¥60.1 billion in the fiscal year ended December 2023; revenue recovered to ¥2,574.8 billion in the FY ended December 2025, but operating profit was only ¥51.5 billion and net income ¥2.6 billion.

Career

Career

Nippon Express

Date Position
Apr 1983 Joined
May 2015 Executive Officer
May 2018 Director, Executive Officer
Jun 2020 Representative Director, Executive Vice President

NIPPON EXPRESS HD

Date Position
Jan 2022 Representative Director, Executive Vice President
Mar 2024 Representative Director, President

Nippon Express

Date Position
Jan 2023 Representative Director, President
References 1

References (Japanese primary sources)

  • NIPPON EXPRESSホールディングス 有価証券報告書【役員の状況】