Ichiro Ozeki
Profile
Performance in office
Tenure
Tenure
Background
He joined Sumitomo Bank in April 1983 and moved to Tokyo Steel Manufacturing in April 1992. On joining SECOM in January 2001 he became an adviser to SECOM General Insurance, becoming a Director of that company in June of that year. He served as Representative Director and President of SECOM General Insurance from April 2010 and Representative Director and Chairman from June 2017. At the parent company he became Executive Officer in April 2015, Director in June 2016, and Managing Director in June 2017. A mid-career hire by way of banking and steel, he had led the group's insurance subsidiary.
Selection
In June 2019 he succeeded Yasuo Nakayama as President; Nakayama moved to Representative Director and Chairman the same month. Promoted from Managing Director, he made it two presidents in a row who had come in mid-career from banking, following a predecessor from the Bank of Japan. In the fiscal year ended March 2019, the year before he took over, consolidated net sales were ¥1,013.8 billion and operating income ¥130.2 billion, sales having just crossed the ¥1 trillion mark.
Initiatives
In the FY ended March 2020, his first year, consolidated net sales were ¥1,060.0 billion and operating income ¥142.9 billion. In the FY ended March 2021 net sales fell to ¥1,035.8 billion and net income to ¥74.6 billion, the only decline in sales during his tenure. Sales then rose for three straight years, recovering to ¥1,154.7 billion with net income of ¥101.9 billion in the FY ended March 2024, his final year. Operating income stayed between ¥136.7 billion and ¥143.5 billion across his five years, failing to keep pace with sales growth.
Career
Career
Sumitomo Bank
| Date | Position |
|---|---|
| Apr 1983 | Joined |
Tokyo Steel
| Date | Position |
|---|---|
| Apr 1992 | Joined |
Secom
| Date | Position |
|---|---|
| Jan 2001 | Joined |
| Apr 2015 | Executive Officer |
| Jun 2016 | Director |
| Jun 2017 | Managing Director |
| Jun 2019 | Representative Director, President |
| Apr 2024 | Stepped down as President |
Secom Insurance
| Date | Position |
|---|---|
| Jan 2001 | Advisor |
| Jun 2001 | Director |
| Apr 2010 | Representative Director, President |
| Jun 2017 | Representative Director, Chairman |
References 1
References (Japanese primary sources)
- セコム 有価証券報告書【役員の状況】