Central Glass Management

Management criteria checks 1/4

Central Glass' CEO is Kazuhiko Maeda, appointed in Jan 2023, has a tenure of 1.33 years. directly owns 0.022% of the company’s shares, worth ¥15.28M. The average tenure of the management team and the board of directors is 2.3 years and 2.4 years respectively.

Key information

Kazuhiko Maeda

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.3yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO

Kazuhiko Maeda (64 yo)

1.3yrs

Tenure

Kazuhiko Maeda served as Senior Executive Vice President at Central Glass Co., Ltd. since 2022 until June 2023. Kazuhiko Maeda served as Senior Executive Managing Officer at Central Glass Co., Ltd.since 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kazuhiko Maeda	President	1.3yrs	no data	0.022% ¥ 15.3m
Nobuyuki Tokunaga	Executive Managing Officer & Director	3.3yrs	no data	0.020% ¥ 13.9m
Minoru Irisawa	Senior Executive Managing Officer & Director	no data	no data	0.016% ¥ 11.1m
Akihiro Ishii	Executive Managing Officer & Director	3.3yrs	no data	0.011% ¥ 7.5m
Hidehisa Nanai	Executive Managing Officer	2.3yrs	no data	no data
Shoichi Tsujioka	Executive Managing Officer	2.3yrs	no data	no data
Yoshinori Akamatsu	Executive Managing Officer & Director	2.3yrs	no data	0.0073% ¥ 5.0m
Isamu Mori	Executive Managing Officer	1.3yrs	no data	no data
Tetsuo Kanai	Executive Managing Officer	1.3yrs	no data	no data

2.3yrs

Average Tenure

62yo

Average Age

Experienced Management: 4044's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kazuhiko Maeda	President	5.3yrs	no data	0.022% ¥ 15.3m
Nobuyuki Tokunaga	Executive Managing Officer & Director	less than a year	no data	0.020% ¥ 13.9m
Minoru Irisawa	Senior Executive Managing Officer & Director	no data	no data	0.016% ¥ 11.1m
Akihiro Ishii	Executive Managing Officer & Director	no data	no data	0.011% ¥ 7.5m
Yoshinori Akamatsu	Executive Managing Officer & Director	less than a year	no data	0.0073% ¥ 5.0m
Masaya Kawata	Independent Outside Director	2.9yrs	no data	no data
Tadashi Shimizu	Chairman	less than a year	no data	0.11% ¥ 78.3m
Toshihide Nishimura	Outside Corporate Auditor	no data	no data	no data
Tetsuo Nishide	Independent Outside Director	no data	no data	no data
Kimi Koinuma	Independent Outside Director	2.9yrs	no data	no data
Takao Tomioka	Full-Time Corporate Auditor	2.9yrs	no data	0.0032% ¥ 2.2m
Masanori Murata	Full-time Corporate Auditor	1.9yrs	no data	0.0028% ¥ 1.9m

2.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 4044's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Central Glass Management

Management criteria checks 1/4

Key information

Recent management updates

Central Glass Co., Ltd., Annual General Meeting, Jun 29, 2023

Less than half of directors are independent

Central Glass Co., Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Central Glass Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥57.50 per share

Consensus EPS estimates increase by 10%, revenue downgraded

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: JP¥146 (vs JP¥142 in 3Q 2023)

Consensus EPS estimates fall by 26%

Central Glass Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024

Second quarter 2024 earnings released: EPS: JP¥115 (vs JP¥268 in 2Q 2023)

Central Glass Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023

Upcoming dividend of JP¥57.50 per share at 3.8% yield

First quarter 2024 earnings released: EPS: JP¥114 (vs JP¥154 in 1Q 2023)

Central Glass Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023

Now 21% undervalued

Consensus EPS estimates increase by 12%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Central Glass Co., Ltd., Annual General Meeting, Jun 29, 2023

Upcoming dividend of JP¥77.50 per share at 3.9% yield

Price target increased by 11% to JP¥4,400

Third quarter 2023 earnings released: EPS: JP¥142 (vs JP¥31.88 in 3Q 2022)

Central Glass Co., Ltd. to Report Q3, 2023 Results on Feb 01, 2023

Price target increased to JP¥4,090

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥268 (vs JP¥38.43 in 2Q 2022)

Upcoming dividend of JP¥37.50 per share

Central Glass Co., Ltd. (TSE:4044) announces an Equity Buyback for 14,285,600 shares, representing 36.51% for ¥49,999.95 million.

Central Glass Co., Ltd. to Report Q2, 2023 Results on Nov 01, 2022

Evotec SE (XTRA:EVT) agreed to acquire Central Glass Germany GmbH from Central Glass Co., Ltd. (TSE:4044) for €1.

First quarter 2023 earnings released: EPS: JP¥154 (vs JP¥34.13 in 1Q 2022)

Central Glass Co., Ltd. to Report Q1, 2023 Results on Aug 01, 2022

Price target increased to JP¥3,020

Full year 2022 earnings: EPS misses analyst expectations

Central Glass Co., Ltd., Annual General Meeting, Jun 29, 2022

Central Glass Co., Ltd. (TSE:4044) announces an Equity Buyback for 5,000,000 shares, representing 12.35% for ¥10,000 million.

Less than half of directors are independent

Central Glass Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022

Upcoming dividend of JP¥37.50 per share

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Second quarter 2022 earnings released: EPS JP¥38.43 (vs JP¥64.22 loss in 2Q 2021)

Upcoming dividend of JP¥37.50 per share

First quarter 2022 earnings released: EPS JP¥34.13 (vs JP¥15.05 in 1Q 2021)

Consensus EPS estimates fall to JP¥98.80

Full year 2021 earnings released: EPS JP¥30.39 (vs JP¥159 in FY 2020)

Upcoming dividend of JP¥37.50 per share

Analysts update estimates

Third quarter 2021 earnings released: EPS JP¥50.33 (vs JP¥42.90 in 3Q 2020)

Revenue and earnings beat expectations

New 90-day low: JP¥2,191

AGC Inc. Announces Termination of Discussions with Central Glass Co., Ltd. on Integration of Architectural Glass Business in Japan

New 90-day high: JP¥2,348

Central Glass Co., Ltd. to Report Q3, 2021 Results on Feb 01, 2021

Price target lowered to JP¥2,230

Central Glass Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020

Central Glass Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020

Central Glass Co., Ltd.(TSE:4044) dropped from S&P Japan 500

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age