Mitsubishi UFJ Financial Group (MUFG) swept its category in
the 2017 All-Japan Executive Team survey, overtaking Mizuho
Financial Group, which placed first in all four rankings across
the banking sector last year.
Despite declining revenue from loans and deposits amid a
prolonged low interest rate environment, growth of the
firms global banking business boosted net operating
profits over the last year, according to investor presentation
material published Feb. 16 .
The fifth annual edition of the survey, which asked buy-side
analysts, money managers, and sell-side researchers to name the
best CEOs and CFOs at Japanese companies, follows four
consecutive quarters of gradual expansion in Japan. While
modest and largely driven by exports, its an improvement
from the sluggish GDP growth that plagued the economy over the
last two decades.
With this recent growth, Masaharu Kubo, chief financial
officer at Mitsui Chemicals, said his company expects
healthy domestic demand, which will help stabilize
its basic materials business.
At the same time, were continuously expanding
our three targeted business domains, which are mobility, health
care, and food and packaging, Kubo added.
Kubo was voted the top CFO in the chemicals sector in the
All-Japan Executive Team survey, moving up from second place
last year. Mitsuis CEO Tsutomu Tannowa also claimed first
place in the CEO category, while the firms investor
relations department took second place in its division. Survey
participants ranked the best individual investor relations
professionals in each sector, as well as the companies that
excel among six investor relations attributes, including having
board members and executives who are accountable and
In the consumer electronics category, Sony nabbed first
place spots for its CEO, CFO, and investor relations team in a
sector that also included votes for Panasonic and Yamaha.
Meanwhile, motor manufacturer Nidec scored highly in the
electronics and components category, benefitting from the
ongoing autonomous car craze. Masahiro Nagayasu, an investor
relations officer at Nidec, said investors have been most
interested in the possible future growth of electronic devices
in the automobile industry.
The automobile industry is moving to safer cars by
[implementing advanced driver assistance systems]... which
require our motors and ADAS censors, Nagayasu
Despite slow growth at home and political uncertainties
abroad, Nagayasu said he is keeping his eye on a broader issue,
specifically the legislative and regulatory movement on climate
As our companys target is to solve the issues of
the global community through our business, we are committed to
solving the global warming issue by supplying the
most energy efficient motors and electric generators to
automobile, manufacturing, and other industries, Nagayasu