SeirenLtd Management

Management criteria checks 4/4

SeirenLtd's CEO is Tatsuo Kawada, appointed in Jun 2014, has a tenure of 10.42 years. total yearly compensation is ¥133.00M, comprised of 53.4% salary and 46.6% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth €3.09M. The average tenure of the management team and the board of directors is 9.9 years and 7.9 years respectively.

Key information

Tatsuo Kawada

Chief executive officer

JP¥133.0m

Total compensation

CEO salary percentage	53.4%
CEO tenure	10.4yrs
CEO ownership	0.3%
Management average tenure	9.9yrs
Board average tenure	7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tatsuo Kawada's remuneration changed compared to SeirenLtd's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥13b
Jun 30 2024	n/a	n/a	JP¥13b
Mar 31 2024	JP¥133m	JP¥71m	JP¥12b
Dec 31 2023	n/a	n/a	JP¥10b
Sep 30 2023	n/a	n/a	JP¥12b
Jun 30 2023	n/a	n/a	JP¥11b
Mar 31 2023	JP¥123m	JP¥72m	JP¥11b

Compensation vs Market: Tatsuo's total compensation ($USD868.89K) is below average for companies of similar size in the German market ($USD1.44M).

Compensation vs Earnings: Tatsuo's compensation has been consistent with company performance over the past year.

CEO

Tatsuo Kawada (84 yo)

10.4yrs

Tenure

JP¥133,000,000

Compensation

Mr. Tatsuo Kawada had been Independent Outside Director of FUJIFILM Holdings Corporation since 2017 until 2022. He serves as Independent External Director of Hokuriku Electric Power Company since June 2015...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tatsuo Kawada	Chairman of the Board & CEO	10.4yrs	JP¥133.00m	0.30% € 3.1m
Yu Hui	Executive Officer & Vice Chairman	10.4yrs	no data	0.0087% € 88.8k
Hideyuki Yamada	President	2.6yrs	no data	0.040% € 402.8k
Tomofumi Katsuki	Sr. Managing Exec. Officer	9.4yrs	no data	0.031% € 317.5k
Koji Kawada	Executive VP	11.4yrs	no data	0.045% € 455.7k
Yasunori Takezawa	Managing Executive Officer & Head of North American Business	no data	no data	0.016% € 162.8k
Hiroshi Kimura	Senior Executive Officer	no data	no data	no data
Masaki Teramae	Managing Executive Officer & GM of Osaka Branch	2.4yrs	no data	no data
Tsuneharu Saito	Head of Global Airbag Bus	no data	no data	no data

9.9yrs

Average Tenure

62yo

Average Age

Experienced Management: 1AB's management team is seasoned and experienced (9.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tatsuo Kawada	Chairman of the Board & CEO	37.3yrs	JP¥133.00m	0.30% € 3.1m
Yu Hui	Executive Officer & Vice Chairman	10.4yrs	no data	0.0087% € 88.8k
Hideyuki Yamada	President	10.4yrs	no data	0.040% € 402.8k
Tomofumi Katsuki	Sr. Managing Exec. Officer	9.4yrs	no data	0.031% € 317.5k
Koji Kawada	Executive VP	10.4yrs	no data	0.045% € 455.7k
Takao Kitabata	Independent External Director	10.4yrs	no data	no data
Hiroyuki Makida	Standing Audit & Supervisory Board Member	4.4yrs	no data	0.093% € 947.2k
Mitsuyoshi Kobayashi	Independent Outside Director	1.4yrs	no data	no data
Hiroaki Yoshida	Full-time Audit & Supervisory Board Member	less than a year	no data	0.038% € 387.5k
Makoto Kaiami	Outside Audit & Supervisory Board Member	6.4yrs	no data	no data
Kenichiro Sasae	Independent Outside Director	5.4yrs	no data	no data
Tomoko Hashino	Independent Outside Director	1.4yrs	no data	no data

7.9yrs

Average Tenure

67yo

Average Age

Experienced Board: 1AB's board of directors are considered experienced (7.9 years average tenure).

SeirenLtd Management

Management criteria checks 4/4

Key information

Recent management updates

Seiren Co.,Ltd., Annual General Meeting, Jun 20, 2024

Seiren Co.,Ltd., Annual General Meeting, Jun 20, 2023

Less than half of directors are independent

Seiren Co.,Ltd., Annual General Meeting, Jun 21, 2022

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Upcoming dividend of JP¥30.00 per share

First quarter 2025 earnings released: EPS: JP¥63.49 (vs JP¥58.26 in 1Q 2024)

Seiren Co.,Ltd. (TSE:3569) announces an Equity Buyback for 2,000,000 shares, representing 3.62% for ¥6,000 million.

Final dividend of JP¥30.00 announced

Seiren Co.,Ltd. to Report Q2, 2025 Results on Nov 13, 2024

Full year 2024 earnings released: EPS: JP¥227 (vs JP¥205 in FY 2023)

New minor risk - Shareholder dilution

Full year 2024 earnings released: EPS: JP¥227 (vs JP¥205 in FY 2023)

Seiren Co.,Ltd., Annual General Meeting, Jun 20, 2024

Upcoming dividend of JP¥23.00 per share

Seiren Co.,Ltd. to Report Fiscal Year 2024 Results on May 13, 2024

Third quarter 2024 earnings released: EPS: JP¥55.28 (vs JP¥78.11 in 3Q 2023)

Second quarter 2024 earnings released: EPS: JP¥49.12 (vs JP¥45.87 in 2Q 2023)

Seiren Co.,Ltd. (TSE:3569) announces an Equity Buyback for 1,200,000 shares, representing 2.24% for ¥3,000 million.

Upcoming dividend of JP¥23.00 per share at 2.1% yield

Seiren Co.,Ltd. to Report Q3, 2024 Results on Feb 08, 2024

First quarter 2024 earnings released: EPS: JP¥58.26 (vs JP¥50.39 in 1Q 2023)

Full year 2023 earnings released: EPS: JP¥205 (vs JP¥159 in FY 2022)

Now 22% undervalued after recent price drop

Seiren Co.,Ltd. Announces Cash Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 21, 2023

Full year 2023 earnings released: EPS: JP¥205 (vs JP¥159 in FY 2022)

Seiren Co.,Ltd., Annual General Meeting, Jun 20, 2023

Upcoming dividend of JP¥23.00 per share at 2.0% yield

Third quarter 2023 earnings released: EPS: JP¥78.10 (vs JP¥38.47 in 3Q 2022)

Seiren Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023

Now 20% undervalued

Seiren Co.,Ltd. to Report Q3, 2023 Results on Feb 08, 2023

Second quarter 2023 earnings released: EPS: JP¥45.87 (vs JP¥37.99 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥45.87 (vs JP¥37.99 in 2Q 2022)

Seiren Co.,Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on November 30, 2022; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2023

Upcoming dividend of JP¥20.00 per share

First quarter 2023 earnings released: EPS: JP¥50.39 (vs JP¥45.86 in 1Q 2022)

Seiren Co.,Ltd. (TSE:3569) announces an Equity Buyback for 1,500,000 shares, representing 2.78% for ¥3,000 million.

Seiren Co.,Ltd. to Report Q2, 2023 Results on Nov 10, 2022

Full year 2022 earnings released

Seiren Co.,Ltd. to Report Q1, 2023 Results on Aug 04, 2022

Full year 2022 earnings released: EPS: JP¥159 (vs JP¥114 in FY 2021)

Seiren Co.,Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 22, 2022; Provides Dividend Guidance for Second Quarter End and Year Ending March 31, 2023

Seiren Co.,Ltd., Annual General Meeting, Jun 21, 2022

Less than half of directors are independent

Seiren Co.,Ltd. to Report Fiscal Year 2022 Results on May 12, 2022

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Seiren Co.,Ltd. Provides Dividends Forecast for the Second Quarter and Fiscal Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥37.99 (vs JP¥17.90 in 2Q 2021)

Second quarter 2022 earnings released: EPS JP¥37.99 (vs JP¥17.90 in 2Q 2021)

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age