TDK Management

Management criteria checks 2/4

TDK's CEO is Noboru Saito, appointed in Apr 2022, has a tenure of 2.58 years. total yearly compensation is ¥116.00M, comprised of 66.4% salary and 33.6% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth €1.47M. The average tenure of the management team and the board of directors is 3.7 years and 2.9 years respectively.

Key information

Noboru Saito

Chief executive officer

JP¥116.0m

Total compensation

CEO salary percentage	66.4%
CEO tenure	2.6yrs
CEO ownership	0.007%
Management average tenure	3.7yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Noboru Saito's remuneration changed compared to TDK's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥176b
Jun 30 2024	n/a	n/a	JP¥170b
Mar 31 2024	JP¥116m	JP¥77m	JP¥125b

Compensation vs Market: Noboru's total compensation ($USD755.74K) is below average for companies of similar size in the German market ($USD4.74M).

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

CEO

Noboru Saito (58 yo)

2.6yrs

Tenure

JP¥116,000,000

Compensation

Mr. Noboru Saito serves as President, CEO and GM of Humidifier Countermeasures HQ at TDK Corporation since April 01, 2022. He served as Chief Executive Officer of Systems Business Company of TDK Corporatio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Noboru Saito	President	2.6yrs	JP¥116.00m	0.0067% € 1.5m
Tetsuji Yamanishi	CFO, Senior Executive VP & Director	no data	JP¥108.00m	0.0050% € 1.1m
Shigeki Sato	CTO, Senior VP	3.8yrs	no data	0.0012% € 259.4k
Ikuo Fukuchi	Corporate Officer	2.8yrs	no data	no data
Michael Pocsatko	Senior VP and GM of Corporate Marketing & Incubation HQ	3.8yrs	no data	no data
Andreas Keller	Senior VP	6.8yrs	no data	no data
Kim Guan Ong	Corporate Officer	8.4yrs	no data	no data
Takao Tsutsui	Corporate Officer	2.8yrs	no data	no data
Takeshi Takahashi	Corporate Officer	1.6yrs	no data	no data
Fumio Sashida	Corporate Officer	5.8yrs	no data	no data
Werner Lohwasser	Corporate Officer	no data	no data	no data
Taro Ikushima	Corporate Officer	3.6yrs	no data	no data

3.7yrs

Average Tenure

59yo

Average Age

Experienced Management: TDK's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Noboru Saito	President	2.4yrs	JP¥116.00m	0.0067% € 1.5m
Tetsuji Yamanishi	CFO, Senior Executive VP & Director	8.4yrs	JP¥108.00m	0.0050% € 1.1m
Shigeki Sato	CTO, Senior VP	3.4yrs	no data	0.0012% € 259.4k
Masae Yamana	Independent Outside Director	2.4yrs	no data	no data
Mutsuo Iwai	Independent Chairman of the Board	3.4yrs	no data	no data
Takakazu Momozuka	Full Time Audit & Supervisory Board Member	5.4yrs	no data	0.0024% € 516.6k
Toru Katsumoto	Independent Outside Director	less than a year	no data	no data
Masato Ishikawa	Full-time Audit & Supervisory Board Member	1.4yrs	no data	no data
Douglas K. Freeman	Independent Outside Audit & Supervisory Board Member	5.4yrs	no data	no data
Kozue Nakayama	Independent Outside Director	4.4yrs	no data	no data
Chizuko Yamamoto	Independent Outside Audit & Supervisory Board Member	1.4yrs	no data	no data
Takashi Fujino	Independent Outside Audit & Supervisory Board Member	1.4yrs	no data	no data

2.9yrs

Average Tenure

64yo

Average Age

Experienced Board: TDK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

TDK Management

Management criteria checks 2/4

Key information

Recent management updates

TDK Corporation Appoints Sandeep Pandya as Chief Executive Officer of TDK SensEI Pte. Ltd

TDK Corporation, Annual General Meeting, Jun 21, 2024

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

TDK Corporation, Annual General Meeting, Jun 24, 2022

Recent updates

Second quarter 2025 earnings released: EPS: JP¥24.29 (vs JP¥20.81 in 2Q 2024)

New minor risk - Dividend sustainability

Upcoming dividend of JP¥60.00 per share

TDK Corporation to Report Q2, 2025 Results on Nov 01, 2024

Investor sentiment deteriorates as stock falls 18%

TDK Corporation Appoints Sandeep Pandya as Chief Executive Officer of TDK SensEI Pte. Ltd

New minor risk - Share price stability

First quarter 2025 earnings released: EPS: JP¥157 (vs JP¥38.82 in 1Q 2024)

Now 24% overvalued after recent price rise

Final dividend of JP¥60.00 announced

TDK Corporation to Report Q1, 2025 Results on Jul 30, 2024

Full year 2024 earnings released: EPS: JP¥329 (vs JP¥301 in FY 2023)

Investor sentiment improves as stock rises 16%

Now 20% overvalued

TDK Corporation, Annual General Meeting, Jun 21, 2024

Full year 2024 earnings released: EPS: JP¥329 (vs JP¥301 in FY 2023)

TDK Corporation Plans to Propose Dividend for the Year Ended March 31, 2024 and Provides Dividend Guidance for the Interim and Year-End Dividend for the Year 2025

TDK Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024

Upcoming dividend of JP¥58.00 per share

Third quarter 2024 earnings released: EPS: JP¥172 (vs JP¥132 in 3Q 2023)

Now 21% overvalued after recent price rise

TDK Announces New 3-Axis Accelerometer, Finalizing Transition of Smartautomotive™ Non-Safety Product Family to 105°C

TDK Corporation to Report Q3, 2024 Results on Jan 31, 2024

Second quarter 2024 earnings released: EPS: JP¥104 (vs JP¥147 in 2Q 2023)

Upcoming dividend of JP¥58.00 per share at 2.1% yield

TDK Corporation to Report Q2, 2024 Results on Nov 01, 2023

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: JP¥38.82 (vs JP¥82.88 in 1Q 2023)

Full year 2023 earnings released: EPS: JP¥301 (vs JP¥346 in FY 2022)

TDK Corporation to Report Q1, 2024 Results on Aug 02, 2023

Full year 2023 earnings released: EPS: JP¥301 (vs JP¥346 in FY 2022)

Upcoming dividend of JP¥53.00 per share at 2.3% yield

Third quarter 2023 earnings released: EPS: JP¥132 (vs JP¥129 in 3Q 2022)

Tdk Smartsound T5838/T5837 Mems Microphones and Smartsound One Development Platform Now Available

Second quarter 2023 earnings released: EPS: JP¥147 (vs JP¥110 in 2Q 2022)

Less than half of directors are independent

Tdk Corporation Announces Invensense Iim-46234 and Iim-46230 New High-Performance Fault-Tolerant Inertial Measurement Units

Second quarter 2023 earnings released: EPS: JP¥147 (vs JP¥110 in 2Q 2022)

TDK Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 2023

Upcoming dividend of JP¥53.00 per share

First quarter 2023 earnings released: EPS: JP¥82.88 (vs JP¥71.12 in 1Q 2022)

TDK Corporation to Report Q2, 2023 Results on Nov 01, 2022

TDK Corporation Provides Sales Guidance for the Second Quarter of 2022

First quarter 2023 earnings released: EPS: JP¥82.88 (vs JP¥70.37 in 1Q 2022)

TDK Corporation Plans to Pay an Interim Dividend and Year-End Dividend for the Fiscal Year 2023

TDK Corporation to Report Q1, 2023 Results on Aug 01, 2022

Less than half of directors are independent

Full year 2022 earnings released: EPS: JP¥468 (vs JP¥209 in FY 2021)

TDK Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023

TDK Corporation Revises Dividend Guidance for the Year Ended March 2022

Less than half of directors are independent

Now 20% undervalued after recent price drop

TDK Corporation, Annual General Meeting, Jun 24, 2022

Upcoming dividend of JP¥36.00 per share

Investor sentiment deteriorated over the past week

Now 23% undervalued after recent price drop

TDK Corporation Announces Executive Changes

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

Second quarter 2022 earnings released

Upcoming dividend of JP¥95.00 per share

First quarter 2022 earnings released: EPS JP¥211 (vs JP¥104 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥628 (vs JP¥457 in FY 2020)

Full year 2021 earnings released: EPS JP¥628 (vs JP¥457 in FY 2020)

Upcoming dividend of JP¥90.00 per share

TDK Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021

Third quarter 2021 earnings released: EPS JP¥244 (vs JP¥233 in 3Q 2020)

Revenue beats expectations

New 90-day high: €131

New 90-day high: €122