Sekisui House Management

Management criteria checks 3/4

Sekisui House's CEO is Yoshihiro Nakai, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is ¥329.00M, comprised of 24.3% salary and 75.7% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €2.48M. The average tenure of the management team and the board of directors is 5.8 years and 4.6 years respectively.

Key information

Yoshihiro Nakai

Chief executive officer

JP¥329.0m

Total compensation

CEO salary percentage	24.3%
CEO tenure	6.8yrs
CEO ownership	0.02%
Management average tenure	5.8yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yoshihiro Nakai's remuneration changed compared to Sekisui House's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	JP¥233b
Apr 30 2024	n/a	n/a	JP¥211b
Jan 31 2024	JP¥329m	JP¥80m	JP¥202b
Oct 31 2023	n/a	n/a	JP¥177b
Jul 31 2023	n/a	n/a	JP¥173b
Apr 30 2023	n/a	n/a	JP¥169b
Jan 31 2023	JP¥225m	JP¥66m	JP¥185b
Oct 31 2022	n/a	n/a	JP¥188b
Jul 31 2022	n/a	n/a	JP¥185b
Apr 30 2022	n/a	n/a	JP¥175b
Jan 31 2022	JP¥221m	JP¥66m	JP¥154b
Oct 31 2021	n/a	n/a	JP¥150b
Jul 31 2021	n/a	n/a	JP¥137b
Apr 30 2021	n/a	n/a	JP¥129b
Jan 31 2021	JP¥170m	JP¥64m	JP¥124b
Oct 31 2020	n/a	n/a	JP¥113b
Jul 31 2020	n/a	n/a	JP¥123b
Apr 30 2020	n/a	n/a	JP¥148b
Jan 31 2020	JP¥156m	JP¥60m	JP¥141b
Oct 31 2019	n/a	n/a	JP¥163b
Jul 31 2019	n/a	n/a	JP¥148b
Apr 30 2019	n/a	n/a	JP¥130b
Jan 31 2019	JP¥143m	JP¥57m	JP¥129b

Compensation vs Market: Yoshihiro's total compensation ($USD2.12M) is below average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Yoshihiro's compensation has increased by more than 20% in the past year.

CEO

Yoshihiro Nakai (59 yo)

6.8yrs

Tenure

JP¥329,000,000

Compensation

Mr. Yoshihiro Nakai serves as President since February 2018 and Representative Director since April 2016 at Sekisui House Ltd. since and serves as its Chief Executive Officer since April 2021. Mr. Nakai se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yoshihiro Nakai	President	6.8yrs	JP¥329.00m	0.017% € 2.5m
Yosuke Horiuchi	Vice Chairman & Executive Officer	8.6yrs	JP¥230.00m	0.010% € 1.5m
Satoshi Tanaka	Executive VP	3.6yrs	JP¥197.00m	0.0059% € 831.9k
Toru Ishii	Senior Managing Officer & Director	4.6yrs	JP¥127.00m	0.0057% € 810.6k
Hiroshi Shinozaki	Senior Managing Officer & Director	no data	JP¥87.00m	0.0022% € 306.6k
Toru Fujita	Managing Executive Officer and Accounting & Finance Manager	no data	no data	no data
Kohei Joki	Head of Technology Management Division & Managing Executive Officer	no data	no data	no data
Naoki Kawamura	Head of Legal Affairs	no data	no data	no data
Haruhiko Toyoda	Sr. Managing Exe. Officer	no data	no data	no data
Osamu Minagawa	Managing Executive Officer	no data	no data	no data
Keizo Yoshimoto	Senior Managing Executive Officer	no data	no data	no data
Kohei Hirota	Managing Executive Officer	5.8yrs	no data	no data

5.8yrs

Average Tenure

61yo

Average Age

Experienced Management: SPH1's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yoshihiro Nakai	President	8.6yrs	JP¥329.00m	0.017% € 2.5m
Yosuke Horiuchi	Vice Chairman & Executive Officer	8.6yrs	JP¥230.00m	0.010% € 1.5m
Satoshi Tanaka	Executive VP	4.6yrs	JP¥197.00m	0.0059% € 831.9k
Toru Ishii	Senior Managing Officer & Director	4.6yrs	JP¥127.00m	0.0057% € 810.6k
Hiroshi Shinozaki	Senior Managing Officer & Director	1.6yrs	JP¥87.00m	0.0022% € 306.6k
Yukiko Yoshimaru	Independent Outside Director	6.6yrs	no data	0.0012% € 174.6k
Toshifumi Kitazawa	Independent Outside Chairperson	4.6yrs	no data	0.00031% € 44.0k
Takashi Kobayashi	Outside Audit & Supervisory Board Member	7.6yrs	no data	no data
Yoshimi Nakajima	Independent Outside Director	3.6yrs	no data	0.00031% € 44.0k
Ryuichi Tsuruta	Chairperson of the Audit & Supervisory Board	6.6yrs	no data	no data
Keiko Takegawa	Independent Outside Director	3.6yrs	no data	0.00062% € 88.0k
Shinichi Abe	Independent Outside Director	2.6yrs	no data	0.00015% € 21.3k

4.6yrs

Average Tenure

66yo

Average Age

Experienced Board: SPH1's board of directors are considered experienced (4.6 years average tenure).

Sekisui House Management

Management criteria checks 3/4

Key information

Recent management updates

Sekisui House, Ltd., Annual General Meeting, Apr 25, 2024

High number of new directors

Less than half of directors are independent

Sekisui House, Ltd., Annual General Meeting, Apr 26, 2022

Sekisui House, Ltd., Annual General Meeting, Apr 27, 2021

Recent updates

Sekisui House, Ltd. to Report Q3, 2025 Results on Dec 05, 2024

First half dividend of JP¥65.00 announced

Second quarter 2025 earnings released: EPS: JP¥112 (vs JP¥77.04 in 2Q 2024)

Investor sentiment deteriorates as stock falls 17%

Sekisui House, Ltd. to Report Q2, 2025 Results on Sep 05, 2024

Upcoming dividend of JP¥64.00 per share

First quarter 2025 earnings released: EPS: JP¥77.83 (vs JP¥63.33 in 1Q 2024)

Final dividend of JP¥62.00 announced

Maruenu Co.,Ltd. signed a stock transfer agreement to acquire 24.43% stake in Japan Power Fastening Co.,Ltd. (TSE:5950) from Sekisui House, Ltd. (TSE:1928) for approximately ¥440 million.

Sekisui House, Ltd. to Report Q1, 2025 Results on Jun 06, 2024

Sekisui House, Ltd., Annual General Meeting, Apr 25, 2024

Full year 2024 earnings released: EPS: JP¥309 (vs JP¥277 in FY 2023)

Sekisui House, Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2024

Upcoming dividend of JP¥59.00 per share at 3.4% yield

Sekisui House, Ltd. (TSE:1928) entered into a definitive agreement to acquire M.D.C. Holdings, Inc. (NYSE:MDC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP, Larry Mizel, David Mandarich and others for $4.7 billion.

Sekisui House, Ltd. (TSE:1928) entered into a definitive agreement to acquire M.D.C. Holdings, Inc. (NYSE:MDC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP, Larry Mizel, David Mandarich and others for $4.7 billion.

Third quarter 2024 earnings released: EPS: JP¥76.04 (vs JP¥68.93 in 3Q 2023)

Sekisui House, Ltd. to Report Q3, 2024 Results on Dec 07, 2023

Second quarter 2024 earnings released: EPS: JP¥77.04 (vs JP¥69.62 in 2Q 2023)

Sekisui House, Ltd. to Report Q2, 2024 Results on Sep 07, 2023

Upcoming dividend of JP¥59.00 per share at 4.0% yield

First quarter 2024 earnings released: EPS: JP¥63.33 (vs JP¥85.40 in 1Q 2023)

Full year 2023 earnings released: EPS: JP¥277 (vs JP¥227 in FY 2022)

Sekisui House, Ltd. to Report Fiscal Year 2023 Results on Mar 09, 2023

Upcoming dividend of JP¥52.00 per share

Third quarter 2023 earnings released: EPS: JP¥68.93 (vs JP¥64.20 in 3Q 2022)

High number of new directors

Sekisui House, Ltd. to Report Q3, 2023 Results on Dec 08, 2022

Frasers Centrepoint Trust (SGX:J69U) announced to acquire additional 10% stake in Sapphire Star Trust from Sekisui House, Ltd. (TSE:1928).

Second quarter 2023 earnings released: EPS: JP¥69.62 (vs JP¥53.70 in 2Q 2022)

Sekisui House, Ltd. to Report Q2, 2023 Results on Sep 08, 2022

Upcoming dividend of JP¥47.00 per share

First quarter 2023 earnings released: EPS: JP¥85.40 (vs JP¥53.20 in 1Q 2022)

Less than half of directors are independent

Sekisui House, Ltd., Annual General Meeting, Apr 26, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of JP¥45.00 per share

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

Second quarter 2022 earnings released: EPS JP¥53.70 (vs JP¥42.25 in 2Q 2021)

Upcoming dividend of JP¥43.00 per share

First quarter 2022 earnings released: EPS JP¥53.20 (vs JP¥44.85 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥181 (vs JP¥206 in FY 2020)

Sekisui House, Ltd., Annual General Meeting, Apr 27, 2021

Full year 2021 earnings released: EPS JP¥181 (vs JP¥206 in FY 2020)

Revenue beats expectations

New 90-day low: €15.10

Sekisui House, Ltd. to Report Fiscal Year 2021 Results on Mar 04, 2021

New 90-day high: €17.10

New 90-day high: €16.60

Third quarter 2021 earnings released: EPS JP¥43.31

Revenue misses expectations

Third quarter 2021 earnings released: EPS JP¥43.31

Revenue misses expectations

New 90-day high: €16.50

New 90-day low: €15.00

First half earnings released

Sekisui House, Ltd. to Report Q2, 2021 Results on Sep 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age