GREE Management

Management criteria checks 3/4

GREE's CEO is Yoshikazu Tanaka, appointed in Dec 2004, has a tenure of 19.92 years. total yearly compensation is ¥105.00M, comprised of 28.6% salary and 71.4% bonuses, including company stock and options. directly owns 64.78% of the company’s shares, worth €289.77M. The average tenure of the management team and the board of directors is 12.7 years and 11.2 years respectively.

Key information

Yoshikazu Tanaka

Chief executive officer

JP¥105.0m

Total compensation

CEO salary percentage	28.6%
CEO tenure	19.9yrs
CEO ownership	64.8%
Management average tenure	12.7yrs
Board average tenure	11.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yoshikazu Tanaka's remuneration changed compared to GREE's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥2b
Jun 30 2024	n/a	n/a	JP¥5b
Mar 31 2024	n/a	n/a	JP¥8b
Dec 31 2023	n/a	n/a	JP¥9b
Sep 30 2023	n/a	n/a	JP¥9b
Jun 30 2023	JP¥105m	JP¥30m	JP¥9b

Compensation vs Market: Yoshikazu's total compensation ($USD681.14K) is below average for companies of similar size in the German market ($USD1.03M).

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

CEO

Yoshikazu Tanaka (47 yo)

19.9yrs

Tenure

JP¥105,000,000

Compensation

Mr. Yoshikazu Tanaka founded Gree, Inc. in December 2004 and has been its Chairman since September 2014. Mr. Tanaka has been Chief Executive Officer of Gree, Inc., since December 2004. Mr. Yoshikazu Tanaka...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yoshikazu Tanaka	Founder	19.9yrs	JP¥105.00m	64.78% € 289.8m
Toshiki Oya	SVP, CFO	5.1yrs	no data	0.085% € 379.1k
Masaki Fujimoto	SVP, CTO	14.3yrs	no data	1.07% € 4.8m
Sanku Shino	Senior VP	15.3yrs	no data	0.20% € 889.0k
Eiji Araki	Senior VP	7.2yrs	no data	0.030% € 136.0k
Yuta Maeda	SVP, Head of Game & Animation Business Division and Director	11.2yrs	no data	0.15% € 674.6k
Kazuhisa Adachi	Vice President	no data	no data	no data

12.7yrs

Average Tenure

46yo

Average Age

Experienced Management: V3U's management team is seasoned and experienced (12.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yoshikazu Tanaka	Founder	19.9yrs	JP¥105.00m	64.78% € 289.8m
Toshiki Oya	SVP, CFO	6.2yrs	no data	0.085% € 379.1k
Masaki Fujimoto	SVP, CTO	19.4yrs	no data	1.07% € 4.8m
Sanku Shino	Senior VP	11.2yrs	no data	0.20% € 889.0k
Eiji Araki	Senior VP	11.2yrs	no data	0.030% € 136.0k
Yuta Maeda	SVP, Head of Game & Animation Business Division and Director	11.2yrs	no data	0.15% € 674.6k
Takeshi Natsuno	Independent Outside Director	15.2yrs	no data	0.020% € 91.5k
Koichi Shima	Independent Outside Director	4.2yrs	no data	no data
Kazunobu Iijima	Independent Outside Director	12.2yrs	no data	0.0029% € 13.1k
Nobuyuki Watanabe	Independent Outside Director	4.2yrs	no data	no data
Kenichiro Takagi	Independent Outside Director	less than a year	no data	no data
Michiko Ashizawa	Independent Outside Director	1.2yrs	no data	no data

11.2yrs

Average Tenure

52yo

Average Age

Experienced Board: V3U's board of directors are seasoned and experienced ( 11.2 years average tenure).

GREE Management

Management criteria checks 3/4

Key information

Recent management updates

GREE, Inc., Annual General Meeting, Sep 27, 2024

GREE, Inc., Annual General Meeting, Sep 27, 2023

Less than half of directors are independent

GREE, Inc., Annual General Meeting, Sep 27, 2022

Less than half of directors are independent

Recent updates

First quarter 2025 earnings released: JP¥9.61 loss per share (vs JP¥6.93 profit in 1Q 2024)

Full year 2024 earnings released: EPS: JP¥27.10 (vs JP¥54.07 in FY 2023)

GREE, Inc. to Report Q1, 2025 Results on Nov 05, 2024

Full year 2024 earnings released: EPS: JP¥27.10 (vs JP¥54.07 in FY 2023)

GREE, Inc., Annual General Meeting, Sep 27, 2024

New minor risk - Share price stability

GREE, Inc. to Report Q4, 2024 Results on Aug 01, 2024

Now 23% undervalued

Dividend of JP¥16.50 announced

GREE, Inc. Resolves to Change Its Dividend Policy

Now 20% undervalued after recent price drop

GREE, Inc. to Report Q3, 2024 Results on May 08, 2024

GREE, Inc. has filed a Follow-on Equity Offering in the amount of ¥3.872 billion.

Now 21% undervalued after recent price drop

GREE, Inc. has filed a Follow-on Equity Offering in the amount of ¥3.872 billion.

Second quarter 2024 earnings released: JP¥2.71 loss per share (vs JP¥5.16 loss in 2Q 2023)

GREE, Inc. to Report Q2, 2024 Results on Feb 07, 2024

First quarter 2024 earnings released: EPS: JP¥6.93 (vs JP¥10.46 in 1Q 2023)

GREE, Inc. to Report Q1, 2024 Results on Nov 02, 2023

Now 21% undervalued after recent price drop

GREE, Inc., Annual General Meeting, Sep 27, 2023

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: JP¥54.07 (vs JP¥54.58 in FY 2022)

GREE, Inc. to Report Q4, 2023 Results on Aug 03, 2023

Upcoming dividend of JP¥11.00 per share at 1.7% yield

Third quarter 2023 earnings released: EPS: JP¥18.80 (vs JP¥17.03 in 3Q 2022)

Second quarter 2023 earnings released: JP¥5.11 loss per share (vs JP¥9.56 profit in 2Q 2022)

GREE, Inc. to Report Q2, 2023 Results on Feb 08, 2023

Less than half of directors are independent

First quarter 2023 earnings released: EPS: JP¥10.46 (vs JP¥8.97 in 1Q 2022)

Alphabet Inc. (NasdaqGS:GOOGL) acquired Alter from Plug & Play Ventures and others for $100 million.

GREE, Inc. to Report Q1, 2023 Results on Nov 01, 2022

GREE, Inc., Annual General Meeting, Sep 27, 2022

Full year 2022 earnings released: EPS: JP¥54.58 (vs JP¥61.44 in FY 2021)

Upcoming dividend of JP¥11.00 per share

Third quarter 2022 earnings released: EPS: JP¥17.03 (vs JP¥23.28 in 3Q 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

GREE, Inc. to Report Q3, 2022 Results on May 12, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

First quarter 2022 earnings released: EPS JP¥8.97 (vs JP¥5.17 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS JP¥61.44 (vs JP¥11.78 in FY 2020)

Full year 2021 earnings released: EPS JP¥61.44 (vs JP¥11.78 in FY 2020)

Upcoming dividend of JP¥11.00 per share

Third quarter 2021 earnings released: EPS JP¥23.28 (vs JP¥5.13 in 3Q 2020)

GREE, Inc. to Report Q3, 2021 Results on May 10, 2021

New 90-day low: €4.28

Revenue misses expectations

Second quarter 2021 earnings released: EPS JP¥14.44 (vs JP¥11.07 in 2Q 2020)

New 90-day high: €4.92

GREE, Inc.(TSE:3632) dropped from FTSE All-World Index (USD)

GREE, Inc. to Report Q2, 2021 Results on Feb 12, 2021

New 90-day high: €4.72

New 90-day high: €4.62

First-quarter earnings released: Revenue misses expectations

First quarter earnings released

New 90-day high: €4.50

Full year earnings released - EPS €11.78

New 90-day high: €4.06

GREE, Inc. to Report Q1, 2021 Results on Oct 27, 2020

Earnings released

GREE, Inc. to Report Fiscal Year 2020 Results on Aug 20, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation