Nakanishi Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Eiichi Nakanishi

Chief executive officer

JP¥157.3m

Total compensation

CEO salary percentage	60.3%
CEO tenure	24.5yrs
CEO ownership	3.3%
Management average tenure	no data
Board average tenure	10.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eiichi Nakanishi's remuneration changed compared to Nakanishi's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥9b
Jun 30 2024	n/a	n/a	JP¥22b
Mar 31 2024	n/a	n/a	JP¥23b
Dec 31 2023	JP¥157m	JP¥95m	JP¥23b
Sep 30 2023	n/a	n/a	JP¥25b
Jun 30 2023	n/a	n/a	JP¥14b
Mar 31 2023	n/a	n/a	JP¥13b
Dec 31 2022	JP¥128m	JP¥107m	JP¥12b
Sep 30 2022	n/a	n/a	JP¥12b
Jun 30 2022	n/a	n/a	JP¥11b
Mar 31 2022	n/a	n/a	JP¥10b
Dec 31 2021	n/a	n/a	JP¥10b
Sep 30 2021	n/a	n/a	JP¥11b
Jun 30 2021	n/a	n/a	JP¥10b
Mar 31 2021	n/a	n/a	JP¥9b
Dec 31 2020	n/a	n/a	JP¥6b
Sep 30 2020	n/a	n/a	JP¥6b
Jun 30 2020	n/a	n/a	JP¥6b
Mar 31 2020	n/a	n/a	JP¥6b
Dec 31 2019	JP¥117m	JP¥99m	JP¥7b
Sep 30 2019	n/a	n/a	JP¥6b
Jun 30 2019	n/a	n/a	JP¥6b
Mar 31 2019	n/a	n/a	JP¥7b
Dec 31 2018	JP¥119m	JP¥98m	JP¥8b
Sep 30 2018	n/a	n/a	JP¥8b
Jun 30 2018	n/a	n/a	JP¥8b
Mar 31 2018	n/a	n/a	JP¥8b
Dec 31 2017	JP¥109m	JP¥96m	JP¥7b

Compensation vs Market: Eiichi's total compensation ($USD1.02M) is below average for companies of similar size in the German market ($USD1.64M).

Compensation vs Earnings: Eiichi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Eiichi Nakanishi (60 yo)

24.5yrs

Tenure

JP¥157,263,000

Compensation

Mr. Eiichi Nakanishi has been the President and Representative Director of Nakanishi Inc. since May 2000 and served as its Chief Executive Officer. He serves as Group Chief Executive Officer at Nakanishi I...

Board Members

Name	Position	Tenure	Compensation	Ownership
Eiichi Nakanishi	President	24.5yrs	JP¥157.26m	3.33% € 40.0m
Kensuke Nakanishi	VP, Executive Officer & Representative Director	14.7yrs	JP¥102.57m	7.02% € 84.3m
Masataka Suzuki	Senior Managing Executive Officer & Director	4.7yrs	no data	0.0083% € 99.6k
Yuji Nonagase	Independent Outside Director	10.7yrs	no data	no data
Chika Shiomi	Independent Outside Director	1.7yrs	no data	no data
Hideki Toyotama	Full-Time External Corporate Auditor	11.7yrs	no data	no data
Yuji Sawada	Part-Time External Corporate Auditor	10.7yrs	no data	no data
Yukiko Araki	Independent Outside Director	no data	no data	no data
Yoshihiro Lai	Part-Time External Corporate Auditor	4.7yrs	no data	no data
Yoshihiro Maki	Audit & Supervisory Board Member	no data	no data	0.0012% € 14.2k

10.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 6SN's board of directors are seasoned and experienced ( 10.7 years average tenure).

Nakanishi Management

Management criteria checks 2/4

Key information

Recent management updates

Nakanishi Inc., Annual General Meeting, Mar 30, 2023

Less than half of directors are independent

Nakanishi Inc. Announces Establishment of Nomination and Remuneration Committee

No independent directors

Recent updates

Nakanishi Inc. to Report Q3, 2024 Results on Nov 14, 2024

Second quarter 2024 earnings released: EPS: JP¥43.22 (vs JP¥56.46 in 2Q 2023)

Dividend of JP¥26.00 announced

Investor sentiment deteriorates as stock falls 18%

Now 21% undervalued after recent price drop

Nakanishi Inc. to Report Q2, 2024 Results on Aug 09, 2024

Now 21% undervalued after recent price drop

First quarter 2024 earnings released: EPS: JP¥39.67 (vs JP¥38.83 in 1Q 2023)

Now 22% undervalued after recent price drop

Final dividend of JP¥26.00 announced

Now 21% undervalued after recent price drop

Nakanishi Inc. to Report Q1, 2024 Results on May 10, 2024

Nakanishi Inc. (TSE:7716) announces an Equity Buyback for 1,100,000 shares, representing 1.17% for ¥2,000 million.

New minor risk - Shareholder dilution

New major risk - Earnings quality

Full year 2023 earnings released: EPS: JP¥268 (vs JP¥145 in FY 2022)

Nakanishi Inc. Provides Earnings Forecast for the First Half and Fiscal Year Ending December 31, 2024

Upcoming dividend of JP¥26.00 per share at 2.2% yield

Nakanishi Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024

Now 31% undervalued after recent price drop

New major risk - Revenue and earnings growth

Nakanishi Inc. Revises Earnings Forecast for the Fiscal Year Ending December 31, 2023

Nakanishi Inc. to Report Q3, 2023 Results on Nov 10, 2023

Nakanishi Inc. Revises Financial Guidance for the Fiscal Year Ending Dec. 31, 2023

Second quarter 2023 earnings released: EPS: JP¥56.46 (vs JP¥42.02 in 2Q 2022)

Nakanishi Inc. (TSE:7716) announces an Equity Buyback for 1,000,000 shares, representing 1.18% for ¥2,500 million.

Upcoming dividend of JP¥24.00 per share at 1.5% yield

Nakanishi Inc. to Report Q2, 2023 Results on Aug 07, 2023

First quarter 2023 earnings released: EPS: JP¥38.83 (vs JP¥36.49 in 1Q 2022)

Nakanishi Inc. Provides Earnings Guidance for First Half and Full Year of Year Ending March 31, 2024

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: JP¥145 (vs JP¥117 in FY 2021)

Nakanishi Inc. Provides Dividend Guidance for the Year Ending December 31, 2023

Nakanishi Inc., Annual General Meeting, Mar 30, 2023

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Nakanishi Inc. to Report Fiscal Year 2022 Results on Feb 09, 2023

Third quarter 2022 earnings released: EPS: JP¥40.41 (vs JP¥31.52 in 3Q 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: JP¥40.41 (vs JP¥31.52 in 3Q 2021)

Nakanishi Inc. (TSE:7716) announces an Equity Buyback for 480,000 shares, representing 0.56% for ¥1,000 million.

Now 22% undervalued after recent price drop

Nakanishi Inc. to Report Q3, 2022 Results on Nov 11, 2022

Second quarter 2022 earnings released: EPS: JP¥42.02 (vs JP¥26.45 in 2Q 2021)

Nakanishi Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2022

Nakanishi Inc. Announces Establishment of Nomination and Remuneration Committee

Upcoming dividend of JP¥20.00 per share

Nakanishi Inc. to Report Q2, 2022 Results on Aug 09, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: JP¥36.50 (vs JP¥35.47 in 1Q 2021)

Nakanishi Inc. (TSE:7716) announces an Equity Buyback for 500,000 shares, representing 0.58% for ¥1,000 million.

No independent directors

Nakanishi Inc. to Report Q1, 2022 Results on May 12, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Nakanishi Inc. (JASDAQ:7716) announces an Equity Buyback for 250,000 shares, representing 0.29% for ¥500 million.

Upcoming dividend of JP¥17.00 per share

Third quarter 2021 earnings released: EPS JP¥31.52 (vs JP¥23.48 in 3Q 2020)

Second quarter 2021 earnings released: EPS JP¥26.45 (vs JP¥16.34 in 2Q 2020)

Nakanishi Inc. (JASDAQ:7716) announces an Equity Buyback for 600,000 shares, representing 0.69% for ¥1,200 million.

First quarter 2021 earnings released: EPS JP¥35.47 (vs JP¥5.10 in 1Q 2020)

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age