Sojitz Management

Management criteria checks 4/4

Sojitz's CEO is Masayoshi Fujimoto, appointed in Jun 2017, has a tenure of 6.83 years. total yearly compensation is ¥167.00M, comprised of 51.5% salary and 48.5% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth ¥163.52M. The average tenure of the management team and the board of directors is 2.3 years and 3.3 years respectively.

Key information

Masayoshi Fujimoto

Chief executive officer

JP¥167.0m

Total compensation

CEO salary percentage	51.5%
CEO tenure	6.8yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00

Mar 13

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00

Feb 28

CEO Compensation Analysis

How has Masayoshi Fujimoto's remuneration changed compared to Sojitz's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥78b
Sep 30 2023	n/a	n/a	JP¥80b
Jun 30 2023	n/a	n/a	JP¥88b
Mar 31 2023	JP¥167m	JP¥86m	JP¥111b
Dec 31 2022	n/a	n/a	JP¥129b
Sep 30 2022	n/a	n/a	JP¥122b
Jun 30 2022	n/a	n/a	JP¥111b
Mar 31 2022	JP¥174m	JP¥86m	JP¥82b
Dec 31 2021	n/a	n/a	JP¥72b
Sep 30 2021	n/a	n/a	JP¥57b
Jun 30 2021	n/a	n/a	JP¥42b
Mar 31 2021	JP¥103m	JP¥94m	JP¥27b
Dec 31 2020	n/a	n/a	JP¥40b
Sep 30 2020	n/a	n/a	JP¥40b
Jun 30 2020	n/a	n/a	JP¥49b
Mar 31 2020	JP¥116m	JP¥86m	JP¥61b

Compensation vs Market: Masayoshi's total compensation ($USD1.08M) is about average for companies of similar size in the JP market ($USD1.04M).

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

CEO

Masayoshi Fujimoto (65 yo)

6.8yrs

Tenure

JP¥167,000,000

Compensation

Mr. Masayoshi Fujimoto has been President, Chief Executive Officer & Representative Director at Sojitz Corporation since June 20, 2017. He served as Senior Managing Executive Officer of Corporate Planning,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Masayoshi Fujimoto	Chairman & CEO	6.8yrs	JP¥167.00m	0.019% ¥ 163.5m
Ryutaro Hirai	Executive VP	5.3yrs	JP¥118.00m	0.011% ¥ 89.2m
Kosuke Uemura	President & COO	no data	no data	no data
Makoto Shibuya	Senior Managing Exe. Officer	1.3yrs	no data	no data
Kiyoaki Tsuda	Corporate Officer & Member of Management Board	no data	no data	no data
Tatsuya Morita	Managing Executive Officer	no data	no data	no data
Toshiaki Kasai	Managing Executive Officer & COO of Human Resources Department	no data	no data	no data
Satoru Takahama	Managing Executive Officer	no data	no data	no data
Koichi Yamaguchi	Senior Managing Executive Officer and President & CEO for the Americas	no data	no data	no data
Yumie Endo	Executive Officer and COO	2.3yrs	no data	no data
Koji Izutani	Managing Executive Officer & GM of Kansai Office	5.3yrs	no data	no data
Shigeya Kusano	Managing Executive Officer	6yrs	no data	no data

2.3yrs

Average Tenure

Experienced Management: 2768's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Masayoshi Fujimoto	Chairman & CEO	6.8yrs	JP¥167.00m	0.019% ¥ 163.5m
Ryutaro Hirai	Executive VP	3.8yrs	JP¥118.00m	0.011% ¥ 89.2m
Masaaki Bito	Senior Managing Executive Officer & Director	1.8yrs	no data	0.0044% ¥ 37.1m
Yoshiki Manabe	Senior Managing Executive Officer & Representative Director	less than a year	no data	0.0040% ¥ 34.2m
Norio Otsuka	Independent Outside Director	5.8yrs	no data	0.00014% ¥ 1.2m
Tsuyoshi Kameoka	Outside Independent Director	less than a year	no data	no data
Kazuhiro Yamamoto	Outside Audit & Supervisory Board Member	2.8yrs	no data	no data
Michiko Nagasawa	Outside Audit & Supervisory Board Member	3.8yrs	no data	0.00014% ¥ 1.2m
Ungyong Shu	Independent Outside Director	2.8yrs	no data	no data
Masaaki Kushibiki	Full-Time Audit & Supervisory Board Member	3.8yrs	no data	0.0071% ¥ 60.0m
Naoko Saiki	Independent Outside Director	3.8yrs	no data	no data
Haruko Kokue	Independent Outside Director	1.8yrs	no data	no data

3.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 2768's board of directors are considered experienced (3.3 years average tenure).

Sojitz Management

Management criteria checks 4/4

Key information

Recent management updates

Sojitz Corporation Announces Executive Changes

Sojitz Corporation Announces Changes to Representative Directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Recent updates

Upcoming dividend of JP¥70.00 per share

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00

Sojitz Corporation to Report Fiscal Year 2024 Results on May 01, 2024

Moon River Capital Ltd. (TSXV:MOO) signed an agreement to acquire Sojitz Moly Resources, Inc. from Sojitz Corporation (TSE:2768).

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00

Sojitz Corporation (TSE:2768) announces an Equity Buyback for 4,000,000 shares, representing 1.81% for ¥16,000 million.

Sojitz Corporation (TSE:2768) acquired Silaba Motors S.A.

Third quarter 2024 earnings released: EPS: JP¥123 (vs JP¥129 in 3Q 2023)

Sojitz Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2024

Sojitz Corporation Announces Executive Changes

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

ArcLight Capital Partners, LLC completed the acquisition of Minority Interest in Kleen Energy Systems, LLC from Sojitz Corporation (TSE:2768).

Sojitz Corporation Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024

Upcoming dividend of JP¥65.00 per share at 3.7% yield

Sojitz Corporation (TSE:2768) agreed to acquire Orchid Wind Power Gmbh and Starwind Offshore GmbH.

Sojitz Corporation to Report Q2, 2024 Results on Oct 31, 2023

ArcLight Capital Partners, LLC agreed to acquire Kleen Energy Systems, LLC from Sojitz Corporation (TSE:2768).

Sojitz Corporation Provides Dividend Forecast for the Second Quarter and for the Year End 2024

New minor risk - Profit margin trend

Price target increased by 8.1% to JP¥3,440

Sojitz Corporation to Report Q1, 2024 Results on Aug 01, 2023

Sojitz Corporation (TSE:2768) completed the acquisition of Albert Automotive Holdings Pty Ltd.

Upcoming dividend of JP¥65.00 per share at 5.0% yield

Consensus revenue estimates increase by 14%, EPS downgraded

Sojitz Corporation Announces Changes to Representative Directors

Dai-ichi Life Holdings, Inc. (TSE:8750) completed the acquisition of 99.23% stake in ipet Holdings, Inc. (TSE:7339) from the shareholders for ¥38.7 billion.

Consensus EPS estimates increase by 11%

Sojitz Corporation to Report Q3, 2023 Results on Feb 02, 2023

SBI Financial Services Co., Ltd. completed the acquisition of 67% stake in Sojitz REIT Advisors K.K. from Sojitz Corporation (TSE:2768).

High number of new and inexperienced directors

Consensus forecasts updated

Sojitz Corporation Announces Dividend for the Second Quarter, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023

SBI Financial Services Co., Ltd. agreed to acquire 67% stake in Sojitz REIT Advisors K.K. from Sojitz Corporation (TSE:2768).

Sojitz Corporation (TSE:2768) acquired K Access Corporation.

Upcoming dividend of JP¥56.00 per share

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

Sojitz Corporation Provides Dividend Guidance for the Second Quarter of Year Ending March 31, 2023

Consensus EPS estimates increase by 13%

Sojitz Corporation Proposes Dividend for the Year Ended March 31, 2022, Payable on June 20, 2022

Sojitz Corporation Announces Dividend for the Year Ended March 31, 2022, Payable on June 20, 2022

High number of new and inexperienced directors

Sojitz Corporation to Report Fiscal Year 2022 Results on May 02, 2022

Upcoming dividend of JP¥58.00 per share

Sojitz Corporation (TSE:2768) agreed to acquire The Marine Foods Corporation from NH Foods Ltd. (TSE:2282).

Sojitz Corporation Revises Earnings Forecast for the Full Year Ending March 31, 2022

Third quarter 2022 earnings: EPS misses analyst expectations

Sojitz Corporation Revises Earnings Forecast for the Full Year 2021

Price target increased to JP¥2,042

Upcoming dividend of JP¥7.00 per share

Consensus revenue estimates increase to JP¥1.90t

Full year 2021 earnings released: EPS JP¥22.51 (vs JP¥48.91 in FY 2020)

Price target increased to JP¥340

Consensus EPS estimates increase to JP¥47.40

Price target increased to JP¥320

Sojitz Corporation Provides Consolidated Earnings Guidance for the Fiscal Full Year Ending March 31, 2022

Full year 2021 earnings released: EPS JP¥22.51 (vs JP¥48.91 in FY 2020)

Sojitz Corporation (TSE:2768) announces an Equity Buyback for 50,000,000 shares, representing 4.17% for ¥15,000 million.

Upcoming dividend of JP¥5.00 per share

Sojitz Corporation to Report Fiscal Year 2021 Results on Apr 30, 2021

Price target raised to JP¥284

New 90-day high: JP¥290

Third quarter 2021 earnings released: EPS JP¥6.31 (vs JP¥6.39 in 3Q 2020)

New 90-day high: JP¥256

Sojitz Corporation (TSE:2768) acquired TES-AMM JAPAN K.K from TES Group.

New 90-day high: JP¥246

New 90-day low: JP¥227

Sojitz Corporation to Report Q3, 2021 Results on Feb 03, 2021

Sojitz Corporation to Report Q2, 2021 Results on Oct 30, 2020

Sojitz Corporation (TSE:2768) acquired unknown stake in RYNAN Holdings Joint Stock Company.

Sojitz Corporation (TSE:2768), Sojitz Corporation of America and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development acquired CAD Railway Industries Ltd.

CEO Compensation Analysis