KDDI Management

Management criteria checks 4/4

KDDI's CEO is Makoto Takahashi, appointed in Apr 2018, has a tenure of 6.08 years. total yearly compensation is ¥164.00M, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth €1.02M. The average tenure of the management team and the board of directors is 3.3 years and 3.9 years respectively.

Key information

Makoto Takahashi

Chief executive officer

JP¥164.0m

Total compensation

CEO salary percentage	39.0%
CEO tenure	6.1yrs
CEO ownership	0.002%
Management average tenure	3.3yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Makoto Takahashi's remuneration changed compared to KDDI's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥691b
Sep 30 2023	n/a	n/a	JP¥692b
Jun 30 2023	n/a	n/a	JP¥663b
Mar 31 2023	JP¥164m	JP¥64m	JP¥677b
Dec 31 2022	n/a	n/a	JP¥651b
Sep 30 2022	n/a	n/a	JP¥665b
Jun 30 2022	n/a	n/a	JP¥674b
Mar 31 2022	JP¥219m	JP¥78m	JP¥672b
Dec 31 2021	n/a	n/a	JP¥620b
Sep 30 2021	n/a	n/a	JP¥640b
Jun 30 2021	n/a	n/a	JP¥659b
Mar 31 2021	JP¥205m	JP¥78m	JP¥651b
Dec 31 2020	n/a	n/a	JP¥658b
Sep 30 2020	n/a	n/a	JP¥665b
Jun 30 2020	n/a	n/a	JP¥660b
Mar 31 2020	JP¥198m	JP¥78m	JP¥640b
Dec 31 2019	n/a	n/a	JP¥643b
Sep 30 2019	n/a	n/a	JP¥620b
Jun 30 2019	n/a	n/a	JP¥602b
Mar 31 2019	JP¥148m	JP¥78m	JP¥618b

Compensation vs Market: Makoto's total compensation ($USD1.07M) is below average for companies of similar size in the German market ($USD5.58M).

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

CEO

Makoto Takahashi (62 yo)

6.1yrs

Tenure

JP¥164,000,000

Compensation

Mr. Makoto Takahashi served as Executive Director of Corporate & Marketing Communications at KDDI Corporation since April 2019 until 2023 and is its Chief Executive Officer since 2023. He has been the Pres...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Makoto Takahashi	President	6.1yrs	JP¥164.00m	0.0018% ¥ 1.0m
Toshitake Amamiya	Executive VP	5.1yrs	JP¥103.00m	0.0021% ¥ 1.1m
Nanae Saishoji	Managing Executive Officer	no data	no data	no data
Kazuyuki Yoshimura	Senior Managing Executive Officer	4.1yrs	no data	0.00039% ¥ 218.3k
Ikuko Hongou	General Manager of Investor Relations Department	no data	no data	no data
Hirokuni Takeyama	Senior Managing Executive Officer & GM of Consumer Sales Headquarters	no data	no data	no data
Hiroyuki Soshi	Managing Executive Officer & GM of Global Consumer Business Sector	3.3yrs	no data	no data
Masumi Nagai	Managing Executive Officer & GM of Connected Business Division	3.3yrs	no data	no data
Kazuhiro Yamamoto	Managing Exe. Officer	1.3yrs	no data	no data
Yasuaki Kuwahara	Sr. Managing Exe. Offr.	2.3yrs	no data	0.00035% ¥ 195.9k
Hiroshi Takezawa	Managing Exe. Officer	2.3yrs	no data	no data
Masatoshi Natani	Managing Executive Officer & GM of Business Design Headquarters	2.3yrs	no data	no data

3.3yrs

Average Tenure

62yo

Average Age

Experienced Management: DIP's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Makoto Takahashi	President	16.9yrs	JP¥164.00m	0.0018% ¥ 1.0m
Toshitake Amamiya	Executive VP	4.9yrs	JP¥103.00m	0.0021% ¥ 1.1m
Kazuyuki Yoshimura	Senior Managing Executive Officer	3.9yrs	no data	0.00039% ¥ 218.3k
Yasuaki Kuwahara	Sr. Managing Exe. Offr.	less than a year	no data	0.00035% ¥ 195.9k
Hiromichi Matsuda	Executive Officer	less than a year	no data	0.00038% ¥ 212.7k
Goro Yamaguchi	Independent Outside Director	6.9yrs	no data	0.00066% ¥ 369.4k
Takashi Tanaka	Chairman of the Board	16.9yrs	JP¥164.00m	0.0030% ¥ 1.7m
Tsutomu Tannowa	Independent Outside Director	1.9yrs	no data	0.00010% ¥ 56.0k
Junko Okawa	Independent Outside Director	1.9yrs	no data	no data
Keiji Yamamoto	Independent Outside Director	4.9yrs	no data	0.000060% ¥ 33.6k
Shigeki Goto	Outside Independent Director	3.9yrs	no data	0.00015% ¥ 84.0k
Kyoko Okumiya	Outside Independent Director	less than a year	no data	no data

3.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: DIP's board of directors are considered experienced (3.9 years average tenure).

KDDI Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

KDDI Corporation, Annual General Meeting, Jun 21, 2023

KDDI Corporation, Annual General Meeting, Jun 22, 2022

Recent updates

KDDI Corporation (TSE:9433) completed the acquisition of additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion.

KDDI Corporation (TSE:9433) agreed to acquire LivePocket business of Avex Live Creative Inc for ¥4.65 billion.

Upcoming dividend of JP¥70.00 per share

KDDI Corporation to Report Fiscal Year 2024 Results between May 01, 2024 and May 15, 2024

Third quarter 2024 earnings released: EPS: JP¥84.59 (vs JP¥81.80 in 3Q 2023)

KDDI Corporation to Report Q3, 2024 Results on Feb 02, 2024

Second quarter 2024 earnings released: EPS: JP¥89.77 (vs JP¥74.08 in 2Q 2023)

KDDI Corporation to Report Q2, 2024 Results on Nov 02, 2023

Upcoming dividend of JP¥70.00 per share at 3.0% yield

First quarter 2024 earnings released: EPS: JP¥82.02 (vs JP¥87.01 in 1Q 2023)

KDDI Corporation (TSE:9433) announces an Equity Buyback for 64,102,500 shares, for ¥249,999.75 million.

Full year 2023 earnings released: EPS: JP¥310 (vs JP¥300 in FY 2022)

Less than half of directors are independent

KDDI Corporation to Report Q1, 2024 Results on Jul 28, 2023

KDDI Corporation (TSE:9433) entered into an agreement to acquire Network-dense, carrier-neutral, urban-data-centre (UDC) portfolio in Downtown Toronto from Allied Properties Real Estate Investment Trust (TSX:AP.UN) for CAD 1.4 billion.

Full year 2023 earnings released: EPS: JP¥310 (vs JP¥300 in FY 2022)

KDDI Corporation, Annual General Meeting, Jun 21, 2023

KDDI Corporation (TSE:9433) announces an Equity Buyback for 92,000,000 shares, representing 4.26% for ¥300,000 million.

Now 21% undervalued after recent price drop

Upcoming dividend of JP¥70.00 per share at 3.4% yield

Third quarter 2023 earnings released: EPS: JP¥81.80 (vs JP¥69.82 in 3Q 2022)

KDDI Corporation to Report Q3, 2023 Results on Jan 27, 2023

Second quarter 2023 earnings released: EPS: JP¥74.07 (vs JP¥76.21 in 2Q 2022)

Upcoming dividend of JP¥65.00 per share

KDDI Corporation to Report First Half, 2023 Results between Oct 24, 2022 and Nov 04, 2022

First quarter 2023 earnings released: EPS: JP¥87.01 (vs JP¥84.04 in 1Q 2022)

Full year 2022 earnings released: EPS: JP¥300 (vs JP¥284 in FY 2021)

KDDI Corporation, Annual General Meeting, Jun 22, 2022

KDDI Corporation to Report Fiscal Year 2022 Results between May 10, 2022 and May 20, 2022

Upcoming dividend of JP¥65.00 per share

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

Second quarter 2022 earnings released: EPS JP¥76.21 (vs JP¥82.86 in 2Q 2021)

Upcoming dividend of JP¥60.00 per share

First quarter 2022 earnings released: EPS JP¥84.04 (vs JP¥79.27 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥284 (vs JP¥276 in FY 2020)

KDDI Corporation (TSE:9433) announces an Equity Buyback for 52,000,000 shares, representing 2.29% for ¥150,000 million.

Upcoming Dividend of JP¥60.00 Per Share

DENSO and KDDI Research 5G’s use in Automated Driving to Achieve Safe and Secure Mobility

KDDI Corporation to Report Fiscal Year 2021 Results on May 14, 2021

New 90-day high: €26.80

Third quarter 2021 earnings released: EPS JP¥76.83 (vs JP¥79.46 in 3Q 2020)

Revenue beats expectations

KDDI Corporation announced that it has received ¥52.2144648 billion in funding from Toyota Motor Corporation

Change Inc. and KDDI Corporation Enter into Joint Venture Agreement

KDDI Overseas Subsidiaries Partner with Vuzix to Provide Vuzix Smart Glasses Solutions to Customers Across the Globe

New 90-day high: €25.80

First half earnings released

Semi-annual earnings released: Revenue misses expectations

KDDI Corporation Partners with Orange Business Services to Equip More Than One Million Vehicles in Europe with Connected IoT Services

KDDI Corporation (TSE:9433) completed the acquisition of UQ mobile Business of UQ Communications Inc.

KDDI Corporation to Report First Half, 2021 Results on Oct 30, 2020

New 90-day low: €21.80

New 90-day low - €24.80

Mt. Fuji Springs Inc. agree to acquire Water distribution business of KDDI Corporation (TSE:9433) for ¥1.1 billion

KDDI Corporation (TSE:9433) completed the acquisition of 20% stake in Loyalty Marketing, Inc. from Mitsubishi Corporation (TSE:8058).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age