Suruga Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Kosuke Kato

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.4yrs
CEO ownership	n/a
Management average tenure	1.4yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO

Kosuke Kato (58 yo)

1.4yrs

Tenure

Mr. Kosuke Kato serves as Director at Credit Saison Co., Ltd. since July 2023. He is the Chief Executive Officer of AEGON Sony Life Insurance Co., Ltd.(currently, Sony Life With Insurance Co., Ltd.) since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kosuke Kato	President & Representative Director	1.4yrs	no data	no data
Kazuya Mochizuki	Senior MD & CFO	no data	no data	no data
Takeshi Miyajima	Managing Executive Officer	1.4yrs	no data	no data
Tadashi Ueno	IR Manager	no data	no data	no data
Tomoaki Tsutsumi	Senior Managing Executive Officer	no data	no data	0.0016% € 19.5k
Tomoki Toya	Senior Managing Executive Officer	1.4yrs	no data	0.0011% € 12.9k

1.4yrs

Average Tenure

58yo

Average Age

Experienced Management: URU's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kosuke Kato	President & Representative Director	4.4yrs	no data	no data
Takeshi Miyajima	Managing Executive Officer	2.4yrs	no data	no data
Tomoaki Tsutsumi	Senior Managing Executive Officer	5.4yrs	no data	0.0016% € 19.5k
Tomoki Toya	Senior Managing Executive Officer	4.4yrs	no data	0.0011% € 12.9k
Naoki Takahashi	Outside Independent Director	1.3yrs	no data	no data
Yasumine Satake	Independent Outside Director	4.4yrs	no data	no data
Yoriyuki Kusaki	Outside Independent Director	4.4yrs	no data	no data
Tatsuya Akita	Director	1.4yrs	no data	0.0086% € 103.7k
Yukiteru Yamamoto	Independent Outside Director	1.4yrs	no data	no data
Emi Noge	Independent Outside Director	5.4yrs	no data	no data
Yoichi Namekata	Independent Outside Director	5.4yrs	no data	no data

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: URU's board of directors are considered experienced (4.4 years average tenure).

Suruga Bank Management

Management criteria checks 1/4

Key information

Recent management updates

Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024

Less than half of directors are independent

Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Upcoming dividend of JP¥11.00 per share

Suruga Bank Ltd. to Report Q2, 2025 Results on Nov 12, 2024

New major risk - Revenue and earnings growth

First quarter 2025 earnings released: EPS: JP¥35.37 (vs JP¥18.63 in 1Q 2024)

Now 29% undervalued

Investor sentiment improves as stock rises 18%

Final dividend of JP¥11.00 announced

Suruga Bank Ltd. to Report Q1, 2025 Results on Aug 08, 2024

Investor sentiment improves as stock rises 15%

Full year 2024 earnings released: EPS: JP¥75.45 (vs JP¥56.15 in FY 2023)

Suruga Bank Ltd., Annual General Meeting, Jun 26, 2024

Now 20% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 6,000,000 shares, representing 3.11% for ¥7,000 million.

Suruga Bank Ltd. to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥7.00 per share

Third quarter 2024 earnings released: EPS: JP¥18.66 (vs JP¥23.84 in 3Q 2023)

Suruga Bank Ltd. to Report Q3, 2024 Results on Feb 09, 2024

New minor risk - Shareholder dilution

New minor risk - Profit margin trend

Suruga Bank Ltd. to Report Q2, 2024 Results on Nov 09, 2023

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: JP¥18.63 (vs JP¥21.56 in 1Q 2023)

Suruga Bank Ltd. announced that it has received ¥17.123432 billion in funding from Credit Saison Co., Ltd.

Suruga Bank Ltd. to Report Q1, 2024 Results on Aug 10, 2023

Suruga Bank Ltd. announced that it expects to receive ¥17.123432 billion in funding from Sansei Capital Investment Co., Ltd.

Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 35,000,000 shares, representing 18.58% for ¥22,000 million.

Credit Saison Reportedly to Acquire Stake in Suruga Bank

Full year 2023 earnings released: EPS: JP¥56.15 (vs JP¥34.73 in FY 2022)

Suruga Bank Ltd. Announces Dividend for the Year Ended March 31, 2023, Payable on June 6, 2023

Upcoming dividend of JP¥6.00 per share at 1.3% yield

Third quarter 2023 earnings released: EPS: JP¥23.84 (vs JP¥35.48 loss in 3Q 2022)

Suruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Suruga Bank Ltd. to Report Q3, 2023 Results on Feb 09, 2023

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥65.47 (vs JP¥65.85 in 2Q 2022)

Suruga Bank Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023

Suruga Bank Ltd. to Report Q2, 2023 Results on Nov 11, 2022

First quarter 2023 earnings released: EPS: JP¥21.56 (vs JP¥11.01 in 1Q 2022)

Suruga Bank Ltd. Provides Earnings Guidance for the Quarter Ending September 2022 and March 31, 2023

Suruga Bank Ltd. to Report Q1, 2023 Results on Aug 10, 2022

Full year 2022 earnings released: EPS: JP¥34.73 (vs JP¥92.52 in FY 2021)

Suruga Bank Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Suruga Bank Ltd. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥5.00 per share

Suruga Bank Ltd. (TSE:8358) announces an Equity Buyback for 42,854 shares, for ¥17.44 million.

Suruga Bank Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2022 earnings released: EPS JP¥65.85 (vs JP¥21.48 in 2Q 2021)

Independent Director Kiyoto Matsuda has left the company

Suruga Bank Ltd. Provides Year End Dividend Guidance for the Fiscal Year Ending March 2022

Upcoming dividend of JP¥5.00 per share

Investor sentiment improved over the past week

New 90-day high: €2.90

Third quarter 2021 earnings released: EPS JP¥16.98 (vs JP¥15.03 in 3Q 2020)

Revenue beats expectations

New 90-day low: €2.36

Suruga Bank Ltd.(TSE:8358) dropped from FTSE All-World Index (USD)

New 90-day low: €2.40

Suruga Bank Ltd. to Report Q3, 2021 Results on Feb 12, 2021

New 90-day low: €2.54

Second quarter 2021 earnings released: EPS JP¥21.48

New 90-day low: €2.72

Suruga Bank Ltd. to Report Q2, 2021 Results on Nov 13, 2020

Suruga Bank Ltd.(TSE:8358) dropped from S&P Japan 500

Nojima Corporation (TSE:7419) completed the acquisition of an additional 13.52% stake in Suruga Bank Ltd. (TSE:8358) from SG Investments, Ltd., Suruga Sogo Hoken K.K., S.G. Asset Company, Mitsuyoshi Okano and the other Okano founding family members.

CEO

Tenure

Leadership Team

Average Tenure