Pasona Group Management

Management criteria checks 4/4

Pasona Group's CEO is Yasuyuki Nambu, appointed in Dec 2007, has a tenure of 16.92 years. total yearly compensation is ¥180.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 37.66% of the company’s shares, worth €177.76M. The average tenure of the management team and the board of directors is 3.8 years and 5.3 years respectively.

Key information

Yasuyuki Nambu

Chief executive officer

JP¥180.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	16.9yrs
CEO ownership	37.7%
Management average tenure	3.8yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yasuyuki Nambu's remuneration changed compared to Pasona Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	JP¥95b
May 31 2024	JP¥180m	JP¥180m	JP¥96b
Feb 29 2024	n/a	n/a	JP¥1b
Nov 30 2023	n/a	n/a	JP¥4b
Aug 31 2023	n/a	n/a	JP¥5b
May 31 2023	JP¥177m	JP¥177m	JP¥6b

Compensation vs Market: Yasuyuki's total compensation ($USD1.17M) is about average for companies of similar size in the German market ($USD1.03M).

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

CEO

Yasuyuki Nambu (72 yo)

16.9yrs

Tenure

JP¥180,000,000

Compensation

Mr. Yasuyuki Nambu serves as the Chief Executive Officer at Nambu Enterprise, Inc. Mr. Nambu has been Group Chief Executive Officer and President of Pasona Group Inc. since December 2007 and served as its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yasuyuki Nambu	Group CEO	16.9yrs	JP¥180.00m	37.66% € 177.8m
Hirotaka Wakamoto	COO, Exec. Officer	6.3yrs	no data	0.11% € 538.2k
Junko Fukasawa	Executive Officer	16.9yrs	no data	0.50% € 2.4m
Kinuko Yamamoto	Executive Officer	no data	no data	0.37% € 1.7m
Yuko Nakase	Senior Managing Executive Officer	3.8yrs	no data	no data
Akira Kamitomai	Senior Managing Executive Officer	14.3yrs	no data	no data
Shintaro Nakao	Managing Executive Officer	3.8yrs	no data	no data
Hajime Kono	Senior Managing Executive Officer	3.8yrs	no data	no data
Yukari Ohinata	Managing Executive Officer	3.8yrs	no data	no data
Takuji Matsumura	Managing Executive Officer	3.8yrs	no data	no data
Kaori Shindo	Managing Executive Officer	3.8yrs	no data	no data
Masato Ito	Managing Executive Officer	3.8yrs	no data	no data

3.8yrs

Average Tenure

65yo

Average Age

Experienced Management: 9D4's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yasuyuki Nambu	Group CEO	16.9yrs	JP¥180.00m	37.66% € 177.8m
Hirotaka Wakamoto	COO, Exec. Officer	16.9yrs	no data	0.11% € 538.2k
Junko Fukasawa	Executive Officer	16.9yrs	no data	0.50% € 2.4m
Kinuko Yamamoto	Executive Officer	16.9yrs	no data	0.37% € 1.7m
Makiya Nambu	Managing Exec. Officer	2.3yrs	no data	0.00051% € 2.4k
Kazuo Furukawa	Independent Outside Director	5.3yrs	no data	0.033% € 157.7k
Yukiharu Kodama	Member of Advisory Board	no data	no data	no data
Kazufumi Nomura	Director	5.3yrs	no data	0.12% € 552.7k
Haruo Funabashi	Independent Outside Director	5.3yrs	no data	0.041% € 195.1k
Etsuya Washio	Member of Advisory Board	no data	no data	no data
Nobuo Ishihara	Member of Advisory Board	no data	no data	no data
Ryohei Miyata	Independent Outside Director	3.3yrs	no data	0.0015% € 7.2k

5.3yrs

Average Tenure

71.5yo

Average Age

Experienced Board: 9D4's board of directors are considered experienced (5.3 years average tenure).

Pasona Group Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

Pasona Group Inc. Approves Board and Committee Changes

Pasona Group Inc., Annual General Meeting, Aug 22, 2024

Pasona Group Inc. Appoints Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member)

Pasona Group Inc., Annual General Meeting, Aug 24, 2023

Less than half of directors are independent

Recent updates

Now 20% overvalued

First quarter 2025 earnings released: JP¥30.47 loss per share (vs JP¥4.77 profit in 1Q 2024)

Less than half of directors are independent

Pasona Group Inc. to Report Q1, 2025 Results on Oct 15, 2024

Pasona Group Inc. Approves Board and Committee Changes

New major risk - Earnings quality

Full year 2024 earnings released: EPS: JP¥2,448 (vs JP¥156 in FY 2023)

Pasona Group Inc., Annual General Meeting, Aug 22, 2024

Pasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2025

Pasona Group Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024

Upcoming dividend of JP¥75.00 per share

Investor sentiment deteriorates as stock falls 21%

New minor risk - Share price stability

Third quarter 2024 earnings released: JP¥22.92 loss per share (vs JP¥30.99 profit in 3Q 2023)

Pasona Group Inc. to Report Q3, 2024 Results on Apr 12, 2024

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: JP¥1.07 loss per share (vs JP¥36.78 profit in 2Q 2023)

Pasona Group Inc. Provides Year-End Dividend Guidance for the Fiscal Year 2023

Pasona Group Inc. to Report Q2, 2024 Results on Jan 12, 2024

Investor sentiment improves as stock rises 16%

M3, Inc. (TSE:2413) entered into a share tender agreement to acquire a 55% stake in Benefit One Inc. (TSE:2412) from Pasona Group Inc. (TSE:2168) and others for approximately ¥140 billion.

New minor risk - Share price stability

Investor sentiment improves as stock rises 29%

First quarter 2024 earnings released: EPS: JP¥4.77 (vs JP¥33.01 in 1Q 2023)

Pasona Group Inc. to Report Q1, 2024 Results on Oct 13, 2023

Pasona Group Inc. Appoints Yutaka Atomi as Outside Director (Audit and Supervisory Committee Member)

New major risk - Revenue and earnings growth

New major risk - Earnings quality

Full year 2023 earnings released: EPS: JP¥156 (vs JP¥220 in FY 2022)

Pasona Group Inc. Announces Dividend for the Year Ended May 31, 2023, Payable on August 10, 2023

Pasona Group Inc., Annual General Meeting, Aug 24, 2023

Pasona Group Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023

Upcoming dividend of JP¥35.00 per share at 1.9% yield

Third quarter 2023 earnings released: EPS: JP¥30.99 (vs JP¥64.21 in 3Q 2022)

Second quarter 2023 earnings released: EPS: JP¥36.78 (vs JP¥59.24 in 2Q 2022)

Pasona Group Inc. Provides Dividend Guidance for the Year Ending May 31, 2023

Pasona Group Inc. to Report Q2, 2023 Results on Jan 13, 2023

Less than half of directors are independent

First quarter 2023 earnings released: EPS: JP¥33.01 (vs JP¥63.39 in 1Q 2022)

Pasona Group Inc. Provides Dividend Guidance for the Fiscal Year Ending May 31, 2023

Pasona Group Inc. to Report Q1, 2023 Results on Oct 14, 2022

Less than half of directors are independent

Pasona Group Inc. Announces Notice of Change of Directors

Pasona Group Inc. Declares Ordinary Dividend for the Year Ended May 31, 2022, Payable on August 5, 2022

Pasona Group Inc., Annual General Meeting, Aug 19, 2022

Pasona Group Inc. to Report Fiscal Year 2022 Results on Jul 15, 2022

Third quarter 2022 earnings released: EPS: JP¥64.21 (vs JP¥33.32 in 3Q 2021)

Pasona Group Inc. Provides Dividend Guidance for the Fiscal Year 2021

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥104 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS JP¥173 (vs JP¥15.19 in FY 2020)

Third quarter 2021 earnings released: EPS JP¥33.32 (vs JP¥4.50 in 3Q 2020)

Pasona Group Inc. to Report Q3, 2021 Results on Apr 13, 2021

Second quarter 2021 earnings released: EPS JP¥5.47

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age