Hikari Tsushin Management

Management criteria checks 2/4

Hikari Tsushin's CEO is Hideaki Wada, appointed in Jul 2017, has a tenure of 6.75 years. directly owns 0.77% of the company’s shares, worth €50.01M. The average tenure of the management team and the board of directors is 6.8 years and 6.8 years respectively.

Key information

Hideaki Wada

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.8yrs
CEO ownership	0.8%
Management average tenure	6.8yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Hideaki Wada (50 yo)

6.8yrs

Tenure

JP¥163,000,000

Compensation

Mr. Hideaki Wada has been President of Hikari Tsushin, Inc. since June 2019 and as its Director since June 2004 and serves as its Chief Executive Officer. He is Independent Outside Director of MTI Ltd. fro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hideaki Wada	President	6.8yrs	JP¥163.00m	0.77% ¥ 50.0m
Yasumitsu Shigeta	Founder & Chairman of the Board	36.2yrs	no data	9.14% ¥ 594.9m
Masato Takahashi	MD, GM of Finance Division & Investment Division and Director	less than a year	no data	0.079% ¥ 5.2m
Koh Gidoh	MD, GM of Administration Headquarters & Director	no data	no data	0.11% ¥ 7.1m

6.8yrs

Average Tenure

54yo

Average Age

Experienced Management: HIK's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hideaki Wada	President	19.8yrs	JP¥163.00m	0.77% ¥ 50.0m
Yasumitsu Shigeta	Founder & Chairman of the Board	36.2yrs	no data	9.14% ¥ 594.9m
Masato Takahashi	MD, GM of Finance Division & Investment Division and Director	5.8yrs	no data	0.079% ¥ 5.2m
Koh Gidoh	MD, GM of Administration Headquarters & Director	29yrs	no data	0.11% ¥ 7.1m
Takeshi Tamamura	Vice Chairperson	27.4yrs	JP¥251.00m	2.59% ¥ 168.3m
Ichiro Takano	Independent External Director	6.8yrs	no data	no data
Masataka Watanabe	Director	6.8yrs	no data	no data
Ken Niimura	Independent External Director	6.8yrs	no data	no data
Yuki Yagishita	External Independent Director	1.8yrs	no data	no data
Naoko Yada	Director	1.8yrs	no data	0.0023% ¥ 147.8k

6.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: HIK's board of directors are considered experienced (6.8 years average tenure).

Hikari Tsushin Management

Management criteria checks 2/4

Key information

Recent management updates

Hikari Tsushin, Inc., Annual General Meeting, Jun 23, 2023

Less than half of directors are independent

Hikari Tsushin, Inc., Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

Recent updates

Elecom Co., Ltd. (TSE:6750) entered into non-binding Memorandum of Understanding to acquire Nippon Antenna Co.,Ltd. (TSE:6930) from Resona Bank, Limited, Hikari Tsushin, Inc. (TSE:9435), Custody Bank of Japan, Ltd. (Trust Account), UH Partners 3 Co., Ltd. and UH Partners 2 Co.,Ltd.

Hikari Tsushin, Inc. to Report Fiscal Year 2024 Results on May 15, 2024

Upcoming dividend of JP¥147 per share

Third quarter 2024 earnings released: EPS: JP¥273 (vs JP¥150 in 3Q 2023)

Upcoming dividend of JP¥145 per share at 2.5% yield

Hikari Tsushin, Inc. to Report Q3, 2024 Results on Feb 13, 2024

Second quarter 2024 earnings released: EPS: JP¥653 (vs JP¥719 in 2Q 2023)

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 350,000 shares, representing 0.79% for ¥5,000 million.

Hikari Tsushin, Inc. to Report Q2, 2024 Results on Nov 13, 2023

Upcoming dividend of JP¥143 per share at 2.5% yield

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 200,000 shares, representing 0.45% for ¥3,000 million.

First quarter 2024 earnings released: EPS: JP¥733 (vs JP¥615 in 1Q 2023)

Upcoming dividend of JP¥141 per share at 2.7% yield

Hikari Tsushin, Inc. to Report Q1, 2024 Results on Aug 15, 2023

Full year 2023 earnings released: EPS: JP¥2,038 (vs JP¥1,923 in FY 2022)

Hikari Tsushin, Inc., Annual General Meeting, Jun 23, 2023

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 350,000 shares, representing 0.78% for ¥5,000 million.

Upcoming dividend of JP¥138 per share at 3.0% yield

Third quarter 2023 earnings released: EPS: JP¥150 (vs JP¥407 in 3Q 2022)

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 600,000 shares, representing 1.34% for ¥11,589.6 million.

Upcoming dividend of JP¥135 per share

Hikari Tsushin, Inc. to Report Q3, 2023 Results on Feb 14, 2023

Second quarter 2023 earnings released: EPS: JP¥719 (vs JP¥432 in 2Q 2022)

Less than half of directors are independent

Upcoming dividend of JP¥131 per share

Hikari Tsushin, Inc. to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: JP¥615 (vs JP¥449 in 1Q 2022)

Hikari Tsushin, Inc. to Report Q1, 2023 Results on Aug 12, 2022

Upcoming dividend of JP¥127 per share

Full year 2022 earnings released: EPS: JP¥1,923 (vs JP¥1,190 in FY 2021)

Hikari Tsushin, Inc., Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

Hikari Tsushin, Inc. to Report Fiscal Year 2022 Results on May 16, 2022

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 450,000 shares, representing 1% for ¥5,000 million.

Upcoming dividend of JP¥124 per share

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

Upcoming dividend of JP¥121 per share

Port Inc. (TSE:7047) agreed to acquire 50.91% stake in INE Co., Ltd. from Keiji Ito, Hikari Tsushin, Inc. (TSE:9435), Masahiro Tazaki and Takaaki Okamoto for ¥ 2.03 billion.

Second quarter 2022 earnings released: EPS JP¥432 (vs JP¥355 in 2Q 2021)

Upcoming dividend of JP¥119 per share

Upcoming dividend of JP¥117 per share

Full year 2021 earnings released: EPS JP¥1,190 (vs JP¥1,126 in FY 2020)

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 500,000 shares, representing 1.09% for ¥9,900 million.

Upcoming dividend of JP¥117 per share

Hikari Tsushin, Inc. to Report Fiscal Year 2021 Results on May 14, 2021

New 90-day low: €161

Third quarter 2021 earnings released: EPS JP¥298 (vs JP¥288 in 3Q 2020)

Revenue beats expectations

New 90-day low: €182

New 90-day low: €190

Upcoming Dividend of JP¥117 Per Share

Sojitz Pla-Net Corporation made a tender offer to acquire remaining 53.4% in Pla Matels Corporation (JASDAQ:2714) from a group of sellers for ¥3.5 billion.

Second quarter 2021 earnings released: EPS JP¥355

Revenue beats expectations

New 90-day high: €210

An unknown buyer acquired 23.59% stake in Kawaden Corporation (JASDAQ:6648) from Hikari Tsushin, Inc. (TSE:9435).

New 90-day high: €208

Actcall Inc. (TSE:6064) signed a definitive agreement to acquire the remaining 49% stake in Actcross Co., Ltd from Hikari Tsushin, Inc. (TSE:9435) for ¥12 million.

Hikari Tsushin, Inc. to Report Q2, 2021 Results on Nov 12, 2020

New 90-day high: €207

New 90-day high - €205

First quarter earnings released

Hikari Tsushin, Inc. (TSE:9435) agreed to acquire NIHONKYOSAI Co., Ltd. from Noritsu Koki Co., Ltd. (TSE:7744).

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members