Akio Nitori
Profile
Performance in office
Tenure
Tenure
Background
He opened Nitori Furniture Store in Sapporo in 1967. He incorporated the business in March 1972, becoming Senior Managing Director, and rose to Representative Director and President in May 1978. As founder he had strong capital backing. In the FY ended February 2010, while President, he was the largest shareholder with 12.55%, and together with Nitori Kogyo at 5.01%, Nitori Shoji at 3.29% and Momoyo Nitori at 2.69%, the founding family's side dominated the top shareholders.
Selection
At the founding in March 1972 he was Senior Managing Director, and became Representative Director and President six years later in May 1978. Rather than taking over from a predecessor, the founder simply held full control of management. He then served as President for 38 years until stepping back to Representative Director and Chairman in February 2016. In the FY ended February 2016, the year of the change, consolidated net sales were ¥458.1 billion and operating income ¥73.0 billion, both above the previous year.
Initiatives
Consolidated net sales grew from ¥63.2 billion in the FY ended February 2001 to ¥458.1 billion in the FY ended February 2016, his final year. Operating income also rose from ¥18.2 billion in the FY ended February 2006 to ¥73.0 billion. In August 2010 the company moved to a holding company structure through a company split, changing its name to Nitori Holdings Co., Ltd. At the same time he became Representative Director and President of the operating company Nitori, moving to its Chairman in May 2014. In February 2016 he handed the presidency of the holding company to Toshiyuki Shirai.
Career
Career
Nitori Holdings Holdings
| Date | Position |
|---|---|
| Mar 1972 | Senior Managing Director (at founding) |
| May 1978 | Representative Director, President |
| Feb 2016 | Representative Director, Chairman |
| Feb 2016 | Stepped down as President |
Nitori Holdings
| Date | Position |
|---|---|
| Aug 2010 | Representative Director, President |
| May 2014 | Representative Director, Chairman |
| Feb 2024 | Representative Director, Chairman and President |
Shimachu
| Date | Position |
|---|---|
| May 2025 | Representative Director, Chairman |
References 2
References (Japanese primary sources)
- ニトリ 有価証券報告書（株式会社ニトリホールディングス）【役員の状況】
- ニトリ 有価証券報告書（株式会社ニトリホールディングス）【沿革】