GMO internet group Management

Management criteria checks 4/4

GMO internet group's CEO is Masatoshi Kumagai, appointed in Jun 2016, has a tenure of 7.92 years. total yearly compensation is ¥133.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 42.55% of the company’s shares, worth €677.95M. The average tenure of the management team and the board of directors is 11.6 years and 14.6 years respectively.

Key information

Masatoshi Kumagai

Chief executive officer

JP¥133.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.9yrs
CEO ownership	42.6%
Management average tenure	11.6yrs
Board average tenure	14.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Masatoshi Kumagai's remuneration changed compared to GMO internet group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥14b
Sep 30 2023	n/a	n/a	JP¥9b
Jun 30 2023	n/a	n/a	JP¥4b
Mar 31 2023	n/a	n/a	JP¥11b
Dec 31 2022	JP¥133m	JP¥133m	JP¥13b
Sep 30 2022	n/a	n/a	JP¥18b
Jun 30 2022	n/a	n/a	JP¥23b
Mar 31 2022	n/a	n/a	JP¥18b
Dec 31 2021	JP¥236m	JP¥125m	JP¥18b
Sep 30 2021	n/a	n/a	JP¥17b
Jun 30 2021	n/a	n/a	JP¥16b
Mar 31 2021	n/a	n/a	JP¥14b
Dec 31 2020	JP¥204m	JP¥122m	JP¥10b
Sep 30 2020	n/a	n/a	JP¥8b
Jun 30 2020	n/a	n/a	JP¥8b
Mar 31 2020	n/a	n/a	JP¥9b
Dec 31 2019	JP¥119m	JP¥119m	JP¥8b
Sep 30 2019	n/a	n/a	-JP¥20b
Jun 30 2019	n/a	n/a	-JP¥21b
Mar 31 2019	n/a	n/a	-JP¥21b
Dec 31 2018	JP¥123m	JP¥123m	-JP¥21b
Sep 30 2018	n/a	n/a	JP¥10b
Jun 30 2018	n/a	n/a	JP¥10b
Mar 31 2018	n/a	n/a	JP¥9b
Dec 31 2017	JP¥126m	JP¥126m	JP¥8b

Compensation vs Market: Masatoshi's total compensation ($USD844.42K) is below average for companies of similar size in the German market ($USD1.61M).

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

CEO

Masatoshi Kumagai (60 yo)

7.9yrs

Tenure

JP¥133,000,000

Compensation

Mr. Masatoshi Kumagai serves as Chief Executive Officer of GMO Venture Tsushin Startup Support Co. Ltd. He serves as the Chairman of the Board at GMO Venture Partners, Inc. and was its Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Masatoshi Kumagai	Founder	7.9yrs	JP¥133.00m	42.55% ¥ 678.0m
Issei Ainoura	Executive VP	no data	JP¥189.00m	0.0057% ¥ 90.8k
Masashi Yasuda	Executive VP	5.3yrs	JP¥134.00m	0.035% ¥ 560.2k
Hiroyuki Nishiyama	Executive VP	5.3yrs	JP¥134.00m	0.045% ¥ 711.7k
Yuki Kawasaki	Group Executive Officer & GM of Group Legal Department	3.2yrs	no data	no data
Kazuhiko Miyazaki	MD & GM of Sales Division	15.3yrs	no data	no data
Hirofumi Yamashita	Sr. MD, Head of Group Systems Div	15.3yrs	JP¥127.00m	no data
Katsumi Arisawa	Group Senior Managing Exec Offr	no data	JP¥117.00m	no data
Tadashi Ito	Group EVP	15.3yrs	JP¥133.00m	0.13% ¥ 2.1m
Teruhiro Arai	Head of Group Investment Strategy Offi.	4.3yrs	JP¥106.00m	no data
Toshiaki Horiuchi	Group Senior Managing Executive Officer & Executive Director	16.2yrs	JP¥107.00m	no data
Kimihiro Kodama	Group Managing Executive Officer	15.3yrs	no data	no data

11.6yrs

Average Tenure

52yo

Average Age

Experienced Management: IQ3's management team is seasoned and experienced (11.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Masatoshi Kumagai	Founder	2.2yrs	JP¥133.00m	42.55% ¥ 678.0m
Issei Ainoura	Executive VP	18.2yrs	JP¥189.00m	0.0057% ¥ 90.8k
Masashi Yasuda	Executive VP	22.2yrs	JP¥134.00m	0.035% ¥ 560.2k
Hiroyuki Nishiyama	Executive VP	23.2yrs	JP¥134.00m	0.045% ¥ 711.7k
Hirofumi Yamashita	Sr. MD, Head of Group Systems Div	13.2yrs	JP¥127.00m	no data
Katsumi Arisawa	Group Senior Managing Exec Offr	19.2yrs	JP¥117.00m	no data
Tadashi Ito	Group EVP	16.1yrs	JP¥133.00m	0.13% ¥ 2.1m
Teruhiro Arai	Head of Group Investment Strategy Offi.	19.2yrs	JP¥106.00m	no data
Toshiaki Horiuchi	Group Senior Managing Executive Officer & Executive Director	13.2yrs	JP¥107.00m	no data
Kimihiro Kodama	Group Managing Executive Officer	12.2yrs	no data	no data
Makoto Hashiguchi	Head of Group Advertisement Division & Director	7yrs	no data	no data
Yasuo Hayashi	Group Managing Exec Officer	6.2yrs	JP¥110.00m	no data

14.6yrs

Average Tenure

52yo

Average Age

Experienced Board: IQ3's board of directors are seasoned and experienced ( 14.6 years average tenure).

GMO internet group Management

Management criteria checks 4/4

Key information

Recent management updates

GMO internet group, Inc., Annual General Meeting, Mar 22, 2024

GMO internet group, Inc., Annual General Meeting, Mar 24, 2023

GMO Internet, Inc., Annual General Meeting, Mar 20, 2022

GMO Internet, Inc., Annual General Meeting, Mar 20, 2021

Recent updates

GMO internet group, Inc. to Report Q1, 2024 Results on May 10, 2024

GMO internet group, Inc., Annual General Meeting, Mar 22, 2024

GMO internet group, Inc. (TSE:9449) agreed to acquire an unknown minority stake in Flatt Security Co., Ltd. from Koki Ide for ¥1.3 billion.

GMO internet group, Inc. (TSE:9449) agreed to acquire 38% stake in Flatt Security Co., Ltd. from Koki Ide for ¥1.3 billion.

GMO internet group, Inc. (TSE:9449) announces an Equity Buyback for 1,100,000 shares, representing 1% for ¥2,410 million.

GMO internet group, Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024

GMO internet group, Inc. to Report Q2, 2023 Results on Aug 09, 2023

GMO internet group, Inc., Annual General Meeting, Mar 24, 2023

GMO internet group, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023

GMO Internet, Inc. to Report Q2, 2022 Results on Aug 08, 2022

GMO Internet, Inc. to Report Q1, 2022 Results on May 12, 2022

Upcoming dividend of JP¥13.50 per share

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

GMO Internet, Inc., Annual General Meeting, Mar 20, 2022

GMO Internet, Inc. (TSE:9449) announces an Equity Buyback for 3,000,000 shares, representing 2.74% for ¥5,000 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

GMO Internet, Inc. (TSE:9449) agreed to acquire 50% stake in Ierae Security Inc. from Yuya Kuratomi and other for ¥9.2 billion.

GMO Internet, Inc. (TSE:9449) agreed to acquire Setagaya Business Square from Tokyu Real Estate Investment Management Inc. for ¥22.8 billion.

Third quarter 2021 earnings released: EPS JP¥32.61 (vs JP¥23.43 in 3Q 2020)

GMO Internet, Inc. (TSE:9449) completed the acquisition of OMAKASE Co., Ltd from Shunpei Asai, Kenta Takahashi, Shuhei Ogata and Hirotatsu Suzuki.

GMO Internet, Inc. (TSE:9449) agreed to acquire OMAKASE Co., Ltd from Shunpei Asai, Kenta Takahashi, Shuhei Ogata and Hirotatsu Suzuki for ¥8.3 billion.

First quarter 2021 earnings released: EPS JP¥51.77 (vs JP¥19.92 in 1Q 2020)

Upcoming dividend of JP¥6.00 per share

GMO-Z.com Trust Company Launches First Regulated JPY-Pegged Stablecoin

GMO Internet, Inc., Annual General Meeting, Mar 20, 2021

Full year 2020 earnings released: EPS JP¥92.99 (vs JP¥73.16 in FY 2019)

Revenue beats expectations

Investor sentiment improved over the past week

New 90-day high: €28.40

Investor sentiment improved over the past week

New 90-day high: €26.60

GMO Internet, Inc. to Report Q4, 2020 Results on Feb 12, 2021

Revenue misses expectations

Third quarter 2020 earnings released: EPS JP¥23.43

Third quarter 2020 earnings released: EPS JP¥23.43

Revenue misses expectations

GMO Internet, Inc. to Report Q3, 2020 Results on Nov 11, 2020

New 90-day low - €21.40

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age