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Asahi Kasei announced changes to the company's management at the end of January 2022
.
From April 2022, Koshiro Kudo will serve as President and Representative Director
.
Current president Hideki Kobori will become Asahi Kasei's chairman
.
Koshiro Kudo takes over the role on the back of strong business, as recently reported quarterly results show
.
Asahi Kasei disclosed its financial results for the quarter ended December 31, 2021 on February 9, 2022
.
In terms of earnings per share, the report showed 35.
59 yen (0.
27 euro) per share
.
Last year, Asahi Kasei earned 23.
93 yen (0.
18 euro) per share
.
Asahi Kasei achieved sales growth of 17.
6% in the previous quarter compared to the same period last year
.
Sales reached 643.
7 billion yen (4.
86 billion euros)
.
In the same quarter last year, sales were 547.
30 billion yen (4.
17 billion euros)
.
The full-year forecast announced in November 2021 remains unchanged at 2,453 billion yen (18.
72 billion euros)
.
Koshiro Kudo was born on June 5, 1959 on the island of Kyushu in Nobeoka City, Miyazaki Prefecture, southwestern Japan
.
He graduated from Tokyo's prestigious Keio University in March 1982 and started working for Asahi Kasei the following month
.
After holding various positions, Koshiro Kudo became head of the ROICA™ business unit in May 2008, which manufactures high-quality spandex fibers from elastic polyurethane filaments
.
In the following years, he continued his career in the field of technical textiles and filaments, becoming President of the Fibers and Textiles Strategic Business Unit (SBU) in Osaka in 2017
.
Two years later, new responsibilities were added as President of the Strategic Business Unit for Performance Products, which in addition to Fibers and Textiles is responsible for the business with Engineering Plastics, Synthetic Rubber, Elastomers, and Household and Packaging Materials
.
Koshiro Kudo is also involved in the creation of a new division for Mobility Materials, which was launched in April 2020 and focuses on products in the automotive sector
.
