Takemune Kimura

Takemune Kimura (木村 雄宗 Kimura Takemune, February 10, 1931–February 14, 2006) was a Japanese businessman and former president of Mitsubishi Motors. Prior to his promotion in June 1995 he spent 37 years at the company's Mizushima manufacturing facility in Kurashiki, Okayama, before becoming president of the Pajero Manufacturing Co. subsidiary in Sakahogi, Gifu.[1] He was hired to replace the outgoing Nobuhisa Tsukahara, who was retiring due to health problems.[1] Soon after taking the post, he outlined a long term strategy for expansion by introducing a wider range of vehicles, and to undercut competitors by focusing on low cost manufacturing.[1][2]

He and chairman Hirokazu Nakamura were forced to resign in December 1997, after four former company executives were jailed for making corporate payoffs to sōkaiya racketeers.[3][4] Mitsubishi Motors admitted to paying ¥23.5 million to the wife of a racketeer, ostensibly for the rental of a beach house, in a controversy which also engulfed Toshiba and Hitachi.[4][5][6]

He was among those former executives named in 2005 in a ¥1.3 billion lawsuit filed by Mitsubishi Motors in connection with the Mitsubishi Motors recall cover up scandal,[7] but died of bile duct cancer in 2006 before the case was resolved.[8]

References

  1. 1 2 3 "Mitsubishi Motors Names New President, To Take Charge for Troubled U.S. Unit", AP-Dow Jones News Services, April 26, 1996
  2. ↑ " Mitsubishi priority: more new product. (interview with Mitsubishi Motors Corp. President Takemune Kimura)(Talk from the Top)(Interview)", James B Treece, Automotive News, November 18, 1996
  3. ↑ "Mitsubishi Motors chief intent on turnaround", Sayuri Daimon, The Japan Times, December 4, 1997
  4. 1 2 "Mitsubishi chiefs quit over 'gangster pay-off' scandal", The Independent October 31, 1997
  5. ↑ "Lemonade time at Mitsubishi", Ward's AutoWorld, December 1997
  6. ↑ "3 Mitsubishi Executives Arrested in Payoffs", The New York Times, October 24, 1997
  7. ↑ "Mitsubishi seeks £6.4m damages", Christine Buckley, The Times, March 31, 2005
  8. ↑ "Ex-MMC Pres. Kimura, recall-related damages suit defendant, dies", Knight-Ridder Tribune Business News, February 14, 2006



This article is issued from Wikipedia - version of the 2/22/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.