Capcom Management

Management criteria checks 3/4

Capcom's CEO is Kenzo Tsujimoto, appointed in Apr 2001, has a tenure of 38.75 years. total yearly compensation is ¥212.00M, comprised of 64.6% salary and 35.4% bonuses, including company stock and options. directly owns 1.93% of the company’s shares, worth €125.28M. The average tenure of the management team and the board of directors is 4.3 years and 7.8 years respectively.

Key information

Kenzo Tsujimoto

Chief executive officer

JP¥212.0m

Total compensation

CEO salary percentage	64.6%
CEO tenure	23yrs
CEO ownership	1.9%
Management average tenure	4.3yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kenzo Tsujimoto's remuneration changed compared to Capcom's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥48b
Sep 30 2023	n/a	n/a	JP¥46b
Jun 30 2023	n/a	n/a	JP¥46b
Mar 31 2023	JP¥212m	JP¥137m	JP¥37b
Dec 31 2022	n/a	n/a	JP¥29b
Sep 30 2022	n/a	n/a	JP¥26b
Jun 30 2022	n/a	n/a	JP¥24b
Mar 31 2022	JP¥150m	JP¥100m	JP¥33b
Dec 31 2021	n/a	n/a	JP¥34b
Sep 30 2021	n/a	n/a	JP¥34b
Jun 30 2021	n/a	n/a	JP¥34b
Mar 31 2021	JP¥150m	JP¥100m	JP¥25b
Dec 31 2020	n/a	n/a	JP¥20b
Sep 30 2020	n/a	n/a	JP¥19b
Jun 30 2020	n/a	n/a	JP¥18b
Mar 31 2020	JP¥130m	JP¥100m	JP¥16b
Dec 31 2019	n/a	n/a	JP¥16b
Sep 30 2019	n/a	n/a	JP¥16b
Jun 30 2019	n/a	n/a	JP¥14b
Mar 31 2019	JP¥130m	JP¥100m	JP¥13b
Dec 31 2018	n/a	n/a	JP¥16b
Sep 30 2018	n/a	n/a	JP¥14b
Jun 30 2018	n/a	n/a	JP¥14b
Mar 31 2018	JP¥110m	JP¥80m	JP¥11b

Compensation vs Market: Kenzo's total compensation ($USD1.34M) is below average for companies of similar size in the German market ($USD3.42M).

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

CEO

Kenzo Tsujimoto (83 yo)

23yrs

Tenure

JP¥212,000,000

Compensation

Mr. Kenzo Tsujimoto has been the Chairman of the Board at Capcom Co. Ltd. since July 1, 2007 and has been its Chief Executive Officer since April 2001. Mr. Tsujimoto serves as the Chief Executive Officer a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenzo Tsujimoto	Chairman & CEO	23yrs	JP¥212.00m	1.93% ¥ 126.7m
Haruhiro Tsujimoto	President	16.8yrs	JP¥169.00m	2.88% ¥ 189.0m
Satoshi Miyazaki	Executive VP	2yrs	JP¥105.00m	0.00096% ¥ 63.0k
Yoichi Egawa	Executive Corporate Officer & Director	no data	JP¥102.00m	0.0043% ¥ 282.0k
Kenkichi Nomura	CFO, Executive Corporate Officer & Director	7.8yrs	no data	0.0048% ¥ 313.5k
Yoshikazu Shimauchi	Corporate Officer and Head of Finance	1.3yrs	no data	no data
Nobuyuki Matsushima	Managing Corporate Officer and Head of R&D Management Division	1.3yrs	no data	no data
Jun Takeuchi	Executive Corporate Officer	no data	no data	no data
Yoshinori Ishida	Executive Corporate Officer & Director	no data	no data	0.0014% ¥ 93.8k
Ryozo Tsujimoto	Executive Corporate Officer & Director	9.8yrs	no data	2.85% ¥ 187.1m
Yoshinobu Sasahara	Managing Corporate Officer and Head of Planning & Strategy Divisions	4.3yrs	no data	no data
Shutaro Kobayashi	Corporate Officer & Head of Quality Control Division	2yrs	no data	no data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Management: CPK's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenzo Tsujimoto	Chairman & CEO	38.8yrs	JP¥212.00m	1.93% ¥ 126.7m
Haruhiro Tsujimoto	President	26.8yrs	JP¥169.00m	2.88% ¥ 189.0m
Satoshi Miyazaki	Executive VP	2.8yrs	JP¥105.00m	0.00096% ¥ 63.0k
Yoichi Egawa	Executive Corporate Officer & Director	10.8yrs	JP¥102.00m	0.0043% ¥ 282.0k
Kenkichi Nomura	CFO, Executive Corporate Officer & Director	7.8yrs	no data	0.0048% ¥ 313.5k
Yoshinori Ishida	Executive Corporate Officer & Director	1.8yrs	no data	0.0014% ¥ 93.8k
Ryozo Tsujimoto	Executive Corporate Officer & Director	1.8yrs	no data	2.85% ¥ 187.1m
Makoto Matsuo	External Independent Director	16.8yrs	no data	0.0086% ¥ 564.6k
Kazushi Hirao	Director	7.8yrs	no data	0.010% ¥ 658.4k
Yoshihiko Iwasaki	External Independent Director	7.8yrs	no data	0.0076% ¥ 501.7k
Toru Muranaka	External Independent Director	7.8yrs	no data	0.00096% ¥ 63.0k
Yutaka Mizukoshi	External Independent Director	5.8yrs	no data	0.00096% ¥ 63.0k

7.8yrs

Average Tenure

65yo

Average Age

Experienced Board: CPK's board of directors are considered experienced (7.8 years average tenure).

Capcom Management

Management criteria checks 3/4

Key information

Recent management updates

Capcom Co., Ltd., Annual General Meeting, Jun 20, 2023

Capcom Co., Ltd., Annual General Meeting, Jun 23, 2022

Less than half of directors are independent

Capcom Announces Management Appointments

Recent updates

Capcom Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024

New minor risk - Dividend sustainability

Upcoming dividend of JP¥38.00 per share

Now 22% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: JP¥44.71 (vs JP¥35.71 in 3Q 2023)

Capcom Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024

Capcom Announces Monster Hunter Wilds!

Capcom Reveals Dragon's Dogma 2 Scheduled to Launch March 22, 2024

Second quarter 2024 earnings released: EPS: JP¥34.07 (vs JP¥34.09 in 2Q 2023)

Capcom Co., Ltd. to Report Q2, 2024 Results on Oct 26, 2023

Upcoming dividend of JP¥27.00 per share at 1.0% yield

Capcom Co., Ltd. Announces Monster Hunter Now Launches Worldwide on Mobile

New major risk - Earnings quality

Capcom Co., Ltd. (TSE:9697) acquired Swordcanes Studio Co., Ltd.

First quarter 2024 earnings released: EPS: JP¥86.86 (vs JP¥42.19 in 1Q 2023)

Capcom Co., Ltd. Releases its New Game Exoprimal

Capcom Co., Ltd. to Report Q1, 2024 Results on Jul 26, 2023

Full year 2023 earnings released: EPS: JP¥175 (vs JP¥152 in FY 2022)

Capcom Co., Ltd., Annual General Meeting, Jun 20, 2023

Full year 2023 earnings released: EPS: JP¥175 (vs JP¥152 in FY 2022)

Upcoming dividend of JP¥23.00 per share at 1.0% yield

Third quarter 2023 earnings released: EPS: JP¥35.71 (vs JP¥21.03 in 3Q 2022)

Capcom Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2023

Capcom Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: JP¥34.09 (vs JP¥22.85 in 2Q 2022)

Capcom Co., Ltd. to Report Q2, 2023 Results on Oct 26, 2022

Upcoming dividend of JP¥23.00 per share

First quarter 2023 earnings released: EPS: JP¥42.19 (vs JP¥81.22 in 1Q 2022)

Investor sentiment improved over the past week

Capcom Co., Ltd. to Report Q1, 2023 Results on Jul 26, 2022

Full year 2022 earnings released: EPS: JP¥152 (vs JP¥117 in FY 2021)

Capcom Co., Ltd., Annual General Meeting, Jun 23, 2022

Less than half of directors are independent

Capcom Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022

Upcoming dividend of JP¥18.00 per share

Now 21% undervalued

Now 22% undervalued after recent price drop

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

Second quarter 2022 earnings released: EPS JP¥22.85 (vs JP¥24.25 in 2Q 2021)

Upcoming dividend of JP¥18.00 per share

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS JP¥81.22 (vs JP¥36.60 in 1Q 2021)

Full year 2021 earnings released

Full year 2021 earnings released: EPS JP¥233 (vs JP¥74.70 in FY 2020)

Upcoming dividend of JP¥35.00 per share

Third quarter 2021 earnings released: EPS JP¥42.44 (vs JP¥30.15 in 3Q 2020)

Revenue beats expectations

New 90-day high: €54.90

Capcom Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021

New 90-day high: €52.60

Market pulls back on stock over the past week

Semi-annual earnings released: Revenue beats expectations

First half earnings released

Capcom Announces Management Appointments

Capcom Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020

New 90-day high: €49.31

New 90-day high - €45.89

New 90-day high - €43.11

First quarter earnings released

New 90-day high - €39.40

Capcom Co., Ltd. to Report Q1, 2021 Results on Aug 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure