Pigeon Management
Management criteria checks 4/4
Pigeon's CEO is Norimasa Kitazawa, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is ¥117.00M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth €237.65K. The average tenure of the management team and the board of directors is 4.8 years and 4.8 years respectively.
Key information
Norimasa Kitazawa
Chief executive officer
JP¥117.0m
Total compensation
| CEO salary percentage | 61.5% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | JP¥6b |
| Jun 30 2024 | n/a | n/a | JP¥6b |
| Mar 31 2024 | n/a | n/a | JP¥7b |
| Dec 31 2023 | JP¥117m | JP¥72m | JP¥7b |
| Sep 30 2023 | n/a | n/a | JP¥9b |
| Jun 30 2023 | n/a | n/a | JP¥9b |
| Mar 31 2023 | n/a | n/a | JP¥8b |
| Dec 31 2022 | JP¥108m | JP¥81m | JP¥9b |
Compensation vs Market: Norimasa's total compensation ($USD740.96K) is below average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Norimasa's compensation has been consistent with company performance over the past year.
CEO
Norimasa Kitazawa (68 yo)
5.7yrs
Tenure
JP¥117,000,000
Compensation
Mr. Norimasa Kitazawa serves as the President at Pigeon Corporation since April 25, 2019 and had been its Chief Operating Officer since April 2019 until 2019. He serves as Chief Executive Officer at Pigeon...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | JP¥117.00m | 0.023% € 237.7k | |
| Senior Executive Officer & Director | 8.7yrs | JP¥159.00m | no data | |
| Senior Managing Executive Officer | 1.9yrs | no data | 0.0059% € 61.6k | |
| Senior Exec Officer | 7.9yrs | no data | no data | |
| Head of Related Business Headquarters | no data | no data | no data | |
| Head of SCM Headquarters | 4yrs | no data | no data | |
| Senior Managing Officer | no data | no data | 0.0025% € 26.4k | |
| Senior Executive Officer & Head of Japan Business | 1.9yrs | no data | no data | |
| Head of Baby Care Business Headquarters | no data | no data | no data | |
| General Manager of Business Strategy Department | no data | no data | no data | |
| Manager of Business Strategy Department | no data | no data | no data |
4.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: 9N3's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.7yrs | JP¥117.00m | 0.023% € 237.7k | |
| Senior Executive Officer & Director | 8.7yrs | JP¥159.00m | no data | |
| Senior Managing Executive Officer | 10.7yrs | no data | 0.0059% € 61.6k | |
| Senior Managing Officer | 1.8yrs | no data | 0.0025% € 26.4k | |
| Outside Audit & Supervisory Board Members | 5.7yrs | no data | 0.0059% € 61.6k | |
| Full-Time Auditor | 2.8yrs | no data | 0.036% € 378.5k | |
| Independent Outside Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 8.7yrs | no data | 0.0025% € 26.4k | |
| Full-Time Auditor | 3.8yrs | no data | 0.0017% € 17.6k | |
| Independent Outside Director | 4.8yrs | no data | 0.0017% € 17.6k | |
| Independent Outside Director | 4.8yrs | no data | no data | |
| Independent Outside Director | 2.8yrs | no data | 0.00084% € 8.8k |
4.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 9N3's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pigeon Corporation is covered by 29 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mitsuko Miyasako | Barclays |
| James Moon | BNP Paribas Securities (Asia) |
| Shuhei Oba | Citigroup Inc |