Junichiro Miyazu
Profile
Performance in office
Tenure
Tenure
Background
He joined Nippon Telegraph and Telephone Public Corporation in 1958 and built his career in facilities and engineering, serving in posts including head of the Network Business Headquarters. He became a Director in 1987, Managing Director in 1988 and Representative Director and Executive Vice President in 1992, and was promoted from Executive Vice President to President. Whereas his predecessor Masashi Kojima came from administration, having served as head of the Personnel Bureau and a general affairs director, Miyazu was a career employee who rose from the facilities and engineering side.
Selection
He succeeded Masashi Kojima as President. Debate over separating and breaking up the company had continued for 14 years since privatization in 1985. Mobile handset sales had been liberalized in April 1994, and subscribers were growing rapidly. The December 1997 amendment of the Antimonopoly Act lifted the ban on pure holding companies for the first time in 50 years, setting the conditions for a reorganization. The change appears to have entrusted the resolution of the breakup question and the design of the reorganization to an Executive Vice President who had handled facilities and engineering.
Initiatives
In October 1998 the company listed its 95%-owned mobile subsidiary NTT Mobile Communications Network on the Tokyo Stock Exchange, gaining about ¥850.0 billion in proceeds from the sale. In July 1999 it carried out a reorganization making itself a pure holding company, transferring intra-prefectural communications to NTT East and NTT West and inter-prefectural communications to NTT Communications. In summer 2000 it halted new construction of the shared-type pi system and switched to FTTH, running fiber directly to each home. In August 2001 the labor union voted to accept a restructuring plan affecting about 110,000 people.
Career
Career
NTT
| Date | Position |
|---|---|
| 1996 | Representative Director, President |
| Jun 2002 | Stepped down as President |