MS&AD Insurance Group Holdings Management

Management criteria checks 4/4

MS&AD Insurance Group Holdings' CEO is Noriyuki Hara, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is ¥124.00M, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth €2.69M. The average tenure of the management team and the board of directors is 2 years and 3.8 years respectively.

Key information

Noriyuki Hara

Chief executive officer

JP¥124.0m

Total compensation

CEO salary percentage	53.2%
CEO tenure	3.8yrs
CEO ownership	0.01%
Management average tenure	2yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Noriyuki Hara's remuneration changed compared to MS&AD Insurance Group Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥355b
Sep 30 2023	n/a	n/a	JP¥283b
Jun 30 2023	n/a	n/a	JP¥213b
Mar 31 2023	JP¥124m	JP¥66m	JP¥162b
Dec 31 2022	n/a	n/a	JP¥146b
Sep 30 2022	n/a	n/a	JP¥104b
Jun 30 2022	n/a	n/a	JP¥204b
Mar 31 2022	JP¥130m	JP¥66m	JP¥263b
Dec 31 2021	n/a	n/a	JP¥199b
Sep 30 2021	n/a	n/a	JP¥173b
Jun 30 2021	n/a	n/a	JP¥166b
Mar 31 2021	JP¥129m	JP¥66m	JP¥144b
Dec 31 2020	n/a	n/a	JP¥23b
Sep 30 2020	n/a	n/a	JP¥76b
Jun 30 2020	n/a	n/a	JP¥144b
Mar 31 2020	JP¥130m	JP¥66m	JP¥143b

Compensation vs Market: Noriyuki's total compensation ($USD785.29K) is below average for companies of similar size in the German market ($USD5.66M).

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

CEO

Noriyuki Hara (68 yo)

3.8yrs

Tenure

JP¥124,000,000

Compensation

Mr. Noriyuki Hara serves as a Director at Mitsui Sumitomo Insurance Co., Ltd., since April 2012 and serves as Representative Chairman of the Board since April 1, 2021. He has been President & Chief Executi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yasuyoshi Karasawa	Chairman & Executive Officer	16yrs	JP¥111.00m	0.010% ¥ 2.6m
Noriyuki Hara	President	3.8yrs	JP¥124.00m	0.010% ¥ 2.7m
Yasuzo Kanasugi	Vice Chairman of the Board & Executive Officer	9.8yrs	JP¥104.00m	0.011% ¥ 3.0m
Takuya Tsuda	Executive Officer	2yrs	no data	no data
Toshiya Kawabe	Executive Officer and GM of Human Resources & General Administration Dept.	no data	no data	no data
Mitsuteru Miyake	Head of Corporate Communications & Investor Relations	no data	no data	no data
Tetsuji Higuchi	Executive VP	no data	no data	0.0042% ¥ 1.1m
Naomi Motojima	Managing Executive Officer & Chief Sustainability Officer	less than a year	no data	no data
Yusuke Shirai	Director & Executive Officer	1.8yrs	no data	0.0020% ¥ 513.1k
Satoru Tamura	Senior Executive Officer & Chief Risk Officer	2yrs	no data	no data
Tomoyuki Motoyama	Executive Officer & Chief Digitalization Officer	less than a year	no data	no data
Tomoyuki Shimazu	Executive Officer & Director	no data	no data	0.0035% ¥ 922.1k

2.0yrs

Average Tenure

60yo

Average Age

Experienced Management: 59M's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yasuyoshi Karasawa	Chairman & Executive Officer	16yrs	JP¥111.00m	0.010% ¥ 2.6m
Noriyuki Hara	President	7.8yrs	JP¥124.00m	0.010% ¥ 2.7m
Yasuzo Kanasugi	Vice Chairman of the Board & Executive Officer	9.8yrs	JP¥104.00m	0.011% ¥ 3.0m
Tetsuji Higuchi	Executive VP	3.8yrs	no data	0.0042% ¥ 1.1m
Yusuke Shirai	Director & Executive Officer	1.8yrs	no data	0.0020% ¥ 513.1k
Tomoyuki Shimazu	Executive Officer & Director	less than a year	no data	0.0035% ¥ 922.1k
Mariko Bando	Independent Outside Director	6.8yrs	no data	0.0013% ¥ 325.6k
Junichi Tobimatsu	Independent Outside Director	5.8yrs	no data	no data
Jun Suzuki	Outside Independent Director	less than a year	no data	0.00047% ¥ 122.4k
Akemi Ishiwata	Independent Outside Director	1.8yrs	no data	0.000020% ¥ 5.2k
Rochelle Kopp	Independent Outside Director	3.8yrs	no data	no data
Keiji Suzuki	Chairperson of Audit & Supervisory Board Member	less than a year	no data	0.00040% ¥ 104.2k

3.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 59M's board of directors are considered experienced (3.8 years average tenure).

MS&AD Insurance Group Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

MS&AD Insurance Group Holdings, Inc. Announces Board Changes

MS&AD Insurance Group Holdings, Inc. Announces Change of Executive Officers

MS&AD Insurance Group Holdings, Inc., Annual General Meeting, Jun 26, 2023

Less than half of directors are independent

Less than half of directors are independent

MS&AD Insurance Group Holdings, Inc. Announces Executive Changes

Recent updates

MS&AD Insurance Group Holdings, Inc. Announces Board Changes

MS&AD Insurance Group Holdings, Inc. to Report Q3, 2025 Results on Feb 14, 2025

Upcoming dividend of JP¥120 per share

MS&AD Insurance Group Holdings, Inc. Announces Change of Executive Officers

Third quarter 2024 earnings released: EPS: JP¥366 (vs JP¥227 in 3Q 2023)

MS&AD Insurance Group Holdings, Inc. to Report Q3, 2024 Results on Feb 14, 2024

Second quarter 2024 earnings released: JP¥45.36 loss per share (vs JP¥174 loss in 2Q 2023)

MS&AD Insurance Group Holdings, Inc. (TSE:8725) announces an Equity Buyback for 3,000,000 shares, representing 0.56% for ¥10,000 million.

Upcoming dividend of JP¥120 per share at 4.2% yield

MS&AD Insurance Group Holdings, Inc. to Report Q2, 2024 Results on Nov 17, 2023

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: JP¥209 (vs JP¥111 in 1Q 2023)

New minor risk - Earnings quality

MS&AD Insurance Group Holdings, Inc. to Report Q1, 2024 Results on Aug 08, 2023

Full year 2023 earnings released: EPS: JP¥300 (vs JP¥475 in FY 2022)

MS&AD Insurance Group Holdings, Inc., Annual General Meeting, Jun 26, 2023

Upcoming dividend of JP¥100.00 per share at 4.8% yield

Third quarter 2023 earnings released: EPS: JP¥227 (vs JP¥144 in 3Q 2022)

MS&AD Insurance Group Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2023

MS&AD Insurance Group Holdings, Inc. to Report Q3, 2023 Results on Feb 14, 2023

Second quarter 2023 earnings released: JP¥174 loss per share (vs JP¥10.94 profit in 2Q 2022)

Ms&Ad Insurance Group Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2023; Announces Dividend for the Second Quarter Ended September 30, 2022, Payable on December 5, 2022

Less than half of directors are independent

MS&AD Insurance Group Holdings, Inc. to Report Q2, 2023 Results on Nov 18, 2022

Upcoming dividend of JP¥92.50 per share

MS&AD Insurance Group Holdings, Inc. to Report September,2022 Results on Oct 06, 2022

First quarter 2023 earnings released: EPS: JP¥111 (vs JP¥213 in 1Q 2022)

MS&AD Insurance Group Holdings, Inc. Provides Earning Guidance for the Year Ending March 31, 2023

MS&AD Insurance Group Holdings, Inc. to Report Q1, 2023 Results on Aug 05, 2022

MS&AD Insurance Group Holdings, Inc. (TSE:8725) announces an Equity Buyback for 20,000,000 shares, representing 3.65% for ¥50,000 million.

Full year 2022 earnings released: EPS: JP¥475 (vs JP¥256 in FY 2021)

Ms&Ad Insurance Group Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2023

Less than half of directors are independent

MS&AD Insurance Group Holdings, Inc. to Report Fiscal Year 2022 Results on May 20, 2022

Upcoming dividend of JP¥82.50 per share

MS&AD Insurance Group Holdings, Inc. Announces Executive Changes

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

MS&AD Insurance Group Holdings, Inc. Provides Earning Guidance for the Year Ending March 31, 2022

Upcoming dividend of JP¥80.00 per share

First quarter 2022 earnings released: EPS JP¥213 (vs JP¥170 in 1Q 2021)

Director Hisahito Suzuki has left the company

Director Satoru Tamura has left the company

Full year 2021 earnings released: EPS JP¥256 (vs JP¥248 in FY 2020)

Ms&Ad Insurance Group Holdings, Inc. Announces Dividend for the Fourth Quarter Ended March 31, 2021, Payable on June 29, 2021; Provides Dividend Guidance for the Second Quarter Ending March 31, 2022

Upcoming dividend of JP¥75.00 per share

New 90-day low: €22.80

MS&AD Insurance Group Holdings, Inc. Announces Executive Changes, Effective April 1, 2021

Third quarter 2021 earnings released: EPS JP¥94.64 (vs JP¥185 in 3Q 2020)

Revenue beats expectations

New 90-day high: €24.40

Mitsui Sumitomo Insurance Group Holdings, Inc. (TSE: 8725) and Nippon Life Insurance Company made an offer to acquire 10% stake in Bangkok Life Assurance Limited for $11.1 million.

MS&AD Insurance Group Holdings, Inc. to Report Q2, 2021 Results on Nov 19, 2020

MS&AD Insurance Group Holdings, Inc. to Report ,2020 Results on Sep 04, 2020

Earnings released

New 90-day low - €21.40

MS&AD Insurance Group Holdings, Inc. to Report Q1, 2021 Results on Aug 07, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age