JSR Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Eric R. Johnson

Chief executive officer

JP¥598.0m

Total compensation

CEO salary percentage	24.9%
CEO tenure	4.8yrs
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric R. Johnson's remuneration changed compared to JSR's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥2b
Sep 30 2023	n/a	n/a	-JP¥1b
Jun 30 2023	n/a	n/a	JP¥7b
Mar 31 2023	JP¥598m	JP¥149m	JP¥16b

Compensation vs Market: Eric R.'s total compensation ($USD3.79M) is about average for companies of similar size in the German market ($USD3.42M).

Compensation vs Earnings: Insufficient data to compare Eric R.'s compensation with company performance.

CEO

Eric R. Johnson (62 yo)

4.8yrs

Tenure

JP¥598,000,000

Compensation

Mr. Eric R. Johnson has been the Representative Director and Chief Executive Officer at JSR Corporation since June 2019 and serves as its President since June 16, 2023. Mr. Johnson was Managing Officer at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric R. Johnson	Representative Director	4.8yrs	JP¥598.00m	no data
Nobuo Kawahashi	Executive Advisor	less than a year	JP¥147.00m	0% ¥ 0
Kenichi Emoto	Senior Executive Officer of Accounting	2.8yrs	no data	0% ¥ 0
Motoyuki Shima	Dep, R&D	1.8yrs	no data	no data
Makoto Doi	Managing Officer of Legal Affairs & Compliance	1.8yrs	no data	no data
Kazumasa Yamawaki	Senior Officer of Plastics Business & Deputy GM of Elastomer Division	no data	no data	no data
Seiji Takahashi	Managing Officer of Mfg.	3.8yrs	no data	0% ¥ 0
Mikio Yamachika	Senior Officer of Supervising Digital Solutions Business	2.3yrs	no data	no data
Tim Lowery	Senior Officer of Life Sciences Business & GM of Life Sciences Div.	1.8yrs	no data	no data
Koichi Hara	Managing Officer of Corporate Planning & M&A and Representative Director	2.8yrs	no data	0% ¥ 0
Tadahiro Suhara	Managing Officer	4.8yrs	no data	no data
Ichiko Tachibana	Senior Executive Officer of Sustainability	2.2yrs	no data	0% ¥ 0

2.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: JYR's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric R. Johnson	Representative Director	4.8yrs	JP¥598.00m	no data
Kenichi Emoto	Senior Executive Officer of Accounting	1.8yrs	no data	0% ¥ 0
Seiji Takahashi	Managing Officer of Mfg.	1.8yrs	no data	0% ¥ 0
Koichi Hara	Managing Officer of Corporate Planning & M&A and Representative Director	less than a year	no data	0% ¥ 0
Ichiko Tachibana	Senior Executive Officer of Sustainability	1.8yrs	no data	0% ¥ 0
Kazuo Ushida	Independent Outside Director	1.8yrs	no data	no data
Tadayuki Seki	Independent Outside Director	6.8yrs	no data	0% ¥ 0
Masato Iwasaki	Independent Outside Director	1.8yrs	no data	no data
David Robert Hale	Independent Outside Director	2.8yrs	no data	no data
Tomoaki Iwabuchi	Standing Audit & Supervisory Board Member	3.8yrs	no data	0% ¥ 0
Junko Kai	Outside Audit & Supervisory Board Member	2.8yrs	no data	no data
Tokuhiro Takaaki	Outside Audit & Supervisory Board Member	1.8yrs	no data	no data

1.8yrs

Average Tenure

61yo

Average Age

Experienced Board: JYR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

JSR Management

Management criteria checks 2/4

Key information

Recent management updates

JSR Corporation Announces Resignation of Nobuo Kawahashi as Director

Less than half of directors are independent

JSR Corporation Announces Executive Resignations

Less than half of directors are independent

JSR Corporation, Annual General Meeting, Jun 17, 2022

Recent updates

JSR Corporation to Report Q4, 2024 Results on Apr 30, 2024

Nikkei to Remove JSR from Semiconductor Stock Index, Probability of Delisting the Stock

JICC-02 Co., Ltd. completed the acquisition of 84.362568% stake in JSR Corporation (TSE:4185) for approximately ¥760 billion.

Third quarter 2024 earnings released: EPS: JP¥36.16 (vs JP¥23.36 in 3Q 2023)

JSR Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

JSR Corporation to Report Q3, 2024 Results on Feb 05, 2024

Second quarter 2024 earnings released: EPS: JP¥2.12 (vs JP¥43.37 in 2Q 2023)

New minor risk - Earnings quality

First quarter 2024 earnings released: JP¥12.44 loss per share (vs JP¥27.09 profit in 1Q 2023)

JSR Corporation to Report Q2, 2024 Results on Nov 06, 2023

JICC-02 Co., Ltd. made a tender offer to acquire JSR Corporation (TSE:4185) for approximately ¥900 billion.

JICC-02 Co., Ltd. made a tender offer to acquire JSR Corporation (TSE:4185) for approximately ¥900 billion.

New minor risk - Share price stability

Investor sentiment improves as stock rises 33%

JSR Corporation to Report Q1, 2024 Results on Aug 07, 2023

JSR Corporation Announces Resignation of Nobuo Kawahashi as Director

Full year 2023 earnings released: EPS: JP¥75.56 (vs JP¥163 in FY 2022)

Upcoming dividend of JP¥35.00 per share at 2.3% yield

JSR Corporation to Report Q4, 2023 Results on Apr 27, 2023

Third quarter 2023 earnings released: EPS: JP¥23.33 (vs JP¥72.02 in 3Q 2022)

JSR Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023

JSR Corporation (TSE:4185) completed the acquisition of remaining 60% stake in JSR Electronic Materials Korea Co.,Ltd from PERI Corporation.

Less than half of directors are independent

Now 23% undervalued after recent price drop

JSR Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2023

JSR Corporation to Report Q3, 2023 Results on Feb 06, 2023

Second quarter 2023 earnings released: EPS: JP¥43.37 (vs JP¥38.79 in 2Q 2022)

JSR Corporation (TSE:4185) agreed to acquire remaining 60% stake in JSR Electronic Materials Korea Co.,Ltd from PERI Corporation.

Upcoming dividend of JP¥35.00 per share

JSR Corporation Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023

Investor sentiment deteriorated over the past week

JSR Corporation to Report Q2, 2023 Results on Oct 01, 2022

First quarter 2023 earnings released: EPS: JP¥27.09 (vs JP¥36.55 in 1Q 2022)

Full year 2022 earnings released: EPS: JP¥163 (vs JP¥257 loss in FY 2021)

Investor sentiment deteriorated over the past week

JSR Corporation Announces Fiscal Year-End Dividend for the Year Ended March 31, 2022, Payable on June 20, 2022

JSR Corporation Announces Executive Resignations

Full year 2022 earnings released: EPS: JP¥163 (vs JP¥257 loss in FY 2021)

Less than half of directors are independent

JSR Corporation (TSE:4185) announces an Equity Buyback for 10,000,000 shares, representing 4.65% for ¥30,000 million.

JSR Corporation, Annual General Meeting, Jun 17, 2022

Upcoming dividend of JP¥35.00 per share

Now 22% undervalued after recent price drop

JSR Corporation Announces Dividend Guidance for the Fiscal Year Ending March 2022

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

JSR Corporation to Report Q4, 2022 Results on Apr 25, 2022

Second quarter 2022 earnings released: EPS JP¥38.79 (vs JP¥8.40 loss in 2Q 2021)

Upcoming dividend of JP¥30.00 per share

JSR Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022

First quarter 2022 earnings released: EPS JP¥36.55 (vs JP¥5.25 in 1Q 2021)

Full year 2021 earnings released: JP¥257 loss per share (vs JP¥103 profit in FY 2020)

ENEOS Corporation signed an agreement to acquire Elastomers Business from JSR Corporation (TSE:4185).

Kumho Petrochemical Co., Ltd. (KOSE:A011780) agreed to acquire remaining 50% stake in Kumho Polychem Co., Ltd. from JSR Corporation (TSE:4185).

Full year 2021 earnings released: JP¥257 loss per share (vs JP¥103 profit in FY 2020)

Upcoming Dividend of JP¥30.00 Per Share

Third quarter 2021 earnings released: EPS JP¥34.20 (vs JP¥25.49 in 3Q 2020)

Revenue beats expectations

JSR Corporation to Report Fiscal Year 2021 Results on Apr 26, 2021

Revenue beats expectations

New 90-day high: €25.40

New 90-day high: €23.80

JSR Corporation (TSE:4185) completed the acquisition of an additional 41.91% stake in Medical & Biological Laboratories Co., Ltd. (JASDAQ:4557) for ¥9.5 billion.

New 90-day high: €20.60

Revenue misses expectations

Second quarter 2021 earnings released: JP¥8.40 loss per share

JSR Corporation to Report Q3, 2021 Results on Jan 25, 2021

First half earnings released

Semi-annual earnings released: Revenue misses expectations