Susumu Saito
Profile
Performance in office
Tenure
Tenure
Background
He joined Hokkaido Electric Power in April 1983 and became Executive Officer and Superintendent of the Tomato-Atsuma Power Station in July 2017. He advanced to Managing Executive Officer and General Manager of the Thermal Power Department in July 2019, and to Director and Managing Executive Officer in June 2021. Moving from head of the Tomato-Atsuma Power Station to head of the Thermal Power Department, he reached the board by way of the thermal power front line.
Selection
In June 2023 he succeeded Yutaka Fujii as Representative Director and President. In the fiscal year ended March 2023, the year before he took over, the company posted an operating loss of ¥22.5 billion and a net loss of ¥22.2 billion on consolidated net sales of ¥888.9 billion, swinging into the red from operating income of ¥25.0 billion the previous year. He had joined the board only in June 2021, reaching the presidency in two years. On taking office he also became President and Executive Officer and General Manager of the Nuclear Power Promotion Division, inheriting from his predecessor the arrangement that placed nuclear power directly under the president.
Initiatives
In his first fiscal year, ended March 2024, consolidated net sales were ¥953.8 billion and operating income ¥101.2 billion, a return to profit from the previous year's operating loss of ¥22.5 billion. In the FY ended March 2025 net sales were ¥902.1 billion and operating income ¥75.8 billion, and in the FY ended March 2026 net sales were ¥856.0 billion and operating income ¥73.2 billion, keeping operating income in the ¥70 billion range even as sales declined. In three years in office, the only decision traceable in the annual securities reports is his concurrent role as head of the Nuclear Power Promotion Division.
Career
Career
Hokkaido Electric Power
| Date | Position |
|---|---|
| Apr 1983 | Joined |
| Jul 2017 | 執行役員 苫東厚真発電所長 (translation pending) |
| Jul 2019 | Managing Executive Officer, General Manager, Thermal Power Department |
| Jun 2021 | Director, Managing Executive Officer |
| Jun 2023 | Representative Director, President, Executive Officer, General Manager, Nuclear Power Promotion Headquarters |
References 1
References (Japanese primary sources)
- 北海道電力 有価証券報告書【役員の状況】