Hirobumi Koga
Profile
Performance in office
Tenure
Tenure
Background
He joined Mitsui Bank in April 1981 and became a Managing Executive Officer in April 2013. After 33 years in banking he joined Mitsui-Soko Holdings in May 2014, becoming a Director and assistant to the head of the finance and accounting division the following month, Director and Senior Executive Officer in October that year, and Managing Director in June 2016. He was an outsider who reached the board from finance, without holding operational posts in warehousing or logistics.
Selection
In June 2017 he succeeded Kei Fujioka as Representative Director, President and Group CEO, three years and one month after joining in May 2014. In the year before his appointment, the fiscal year ended March 2017, the company posted a net loss of ¥23.4 billion on operating revenue of ¥225.5 billion and operating profit of ¥5.8 billion. The change came right after a large net loss, and the appointment appears to have entrusted him with restoring the company's finances.
Initiatives
Consolidated results, which had shown a net loss of ¥23.4 billion in the year before his appointment, returned to net income of ¥4.4 billion in the following fiscal year ended March 2018. The company recorded operating revenue of ¥301.0 billion and operating profit of ¥25.9 billion in the FY ended March 2022, and net income of ¥15.6 billion in the FY ended March 2023. Operating revenue rose by ¥74.0 billion over nine years, from ¥225.5 billion before his appointment to ¥299.5 billion in the FY ended March 2026. In June 2022 he also became chairman of the board while remaining President and Group CEO.
Career
Career
Mitsui Bank
| Date | Position |
|---|---|
| Apr 1981 | Joined |
| Apr 2013 | Managing Executive Officer |
Mitsui-Soko Holdings
| Date | Position |
|---|---|
| May 2014 | Joined |
| Jun 2014 | Director, General Manager, Finance and Accounting Division, Assistant |
| Oct 2014 | Director, Senior Executive Officer |
| Jun 2016 | Managing Director |
| Jun 2017 | Representative Director, President, Group CEO |
| Jun 2022 | Representative Director, President, Group CEO and Chairman of the Board |
References 1
References (Japanese primary sources)
- 三井倉庫ホールディングス 有価証券報告書【役員の状況】