Okabe Management

Management criteria checks 2/4

Okabe's CEO is Hirohide Kawase, appointed in Mar 2021, has a tenure of 3.17 years. directly owns 0.16% of the company’s shares, worth ¥58.53M. The average tenure of the management team and the board of directors is 3.2 years and 5.2 years respectively.

Key information

Hirohide Kawase

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.2yrs
CEO ownership	0.2%
Management average tenure	3.2yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

Okabe (TSE:5959) Will Pay A Larger Dividend Than Last Year At ¥15.00

Apr 25

Okabe's (TSE:5959) Dividend Will Be Increased To ¥15.00

Apr 11

CEO

Hirohide Kawase (58 yo)

3.2yrs

Tenure

Mr. Hirohide Kawase served as Chairman and Executive Officer of Okabe Co., Ltd. since 2021. Mr. Hirohide Kawase serves as the Representative Director at Okabe Co., Ltd.since March 28, 2019 and was its Gen...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Makoto Hirowatari	Chairman & Executive Officer	11.2yrs	no data	0.23% ¥ 83.1m
Hirohide Kawase	CEO, President & Representative Director	3.2yrs	no data	0.16% ¥ 58.5m
Hisanori Ekawa	Operating Officer	no data	no data	no data
Toshinori Kai	Senior Operating Officer	3.2yrs	no data	0.063% ¥ 22.9m
Daikan Kobayashi	Operating Officer & GM of Human Resources & General Affairs Department in Administrative Division	no data	no data	no data
Yasushi Hosomichi	Senior Managing Executive Officer & Director	no data	no data	0.12% ¥ 43.5m
Yasunobu Yamazaki	Senior Operating Officer	no data	no data	no data
Toshinari Endou	Senior Operating Officer	4.2yrs	no data	0.084% ¥ 30.8m
Toshihiko Mikami	Managing Executive Officer in charge of R&D Division and Director	no data	no data	0.11% ¥ 38.8m

3.2yrs

Average Tenure

61yo

Average Age

Experienced Management: 5959's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Makoto Hirowatari	Chairman & Executive Officer	11.2yrs	no data	0.23% ¥ 83.1m
Hirohide Kawase	CEO, President & Representative Director	5.2yrs	no data	0.16% ¥ 58.5m
Toshinori Kai	Senior Operating Officer	3.2yrs	no data	0.063% ¥ 22.9m
Yasushi Hosomichi	Senior Managing Executive Officer & Director	8.2yrs	no data	0.12% ¥ 43.5m
Toshinari Endou	Senior Operating Officer	6.2yrs	no data	0.084% ¥ 30.8m
Toshihiko Mikami	Managing Executive Officer in charge of R&D Division and Director	5.2yrs	no data	0.11% ¥ 38.8m
Kazuhisa Nishigai	Independent Outside Director	no data	no data	no data
Akitoshi Ishimoto	Independent Outside Director	5.2yrs	no data	no data
Yoshiharu Nohara	Director	3.3yrs	no data	0.063% ¥ 22.9m
Katsuyuki Yamazaki	Independent Outside Director	no data	no data	0.041% ¥ 15.0m
Hiroko Noda	Independent Outside Director	5.2yrs	no data	no data
Naoya Hasegawa	Independent Outside Director	3.2yrs	no data	0.0043% ¥ 1.6m

5.2yrs

Average Tenure

63yo

Average Age

Experienced Board: 5959's board of directors are considered experienced (5.2 years average tenure).

Okabe Management

Management criteria checks 2/4

Key information

Recent management updates

Okabe Co., Ltd. Appoints Akira Hoshi as President, PT. Okabe Hardware Indonesia from General Manager of International Officer Division, in Charge of Asia, Effective May 1, 2024

Okabe Co., Ltd., Annual General Meeting, Mar 28, 2024

Okabe Co., Ltd., Annual General Meeting, Mar 30, 2023

Less than half of directors are independent

Less than half of directors are independent

Okabe Co., Ltd., Annual General Meeting, Mar 30, 2022

Recent updates

First quarter 2024 earnings released: EPS: JP¥12.52 (vs JP¥11.44 in 1Q 2023)

Okabe (TSE:5959) Will Pay A Larger Dividend Than Last Year At ¥15.00

Okabe's (TSE:5959) Dividend Will Be Increased To ¥15.00

Final dividend increased to JP¥15.00

Okabe Co., Ltd. Appoints Akira Hoshi as President, PT. Okabe Hardware Indonesia from General Manager of International Officer Division, in Charge of Asia, Effective May 1, 2024

Okabe Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Okabe Co., Ltd. Announces Change in Dividend Policy

Full year 2023 earnings released: JP¥153 loss per share (vs JP¥81.30 profit in FY 2022)

Okabe Co., Ltd., Annual General Meeting, Mar 28, 2024

Okabe Co., Ltd. Maintains Dividend Guidance for the Year-End December 31, 2023

Okabe Co., Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024

Upcoming dividend of JP¥12.50 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: JP¥18.64 (vs JP¥22.18 in 3Q 2022)

Okabe Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023

Okabe Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: JP¥14.04 loss per share (vs JP¥30.13 profit in 2Q 2022)

Okabe Co., Ltd. to Report Q2, 2023 Results on Jul 28, 2023

Upcoming dividend of JP¥12.50 per share at 3.1% yield

Okabe Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2023

First quarter 2023 earnings released: EPS: JP¥11.44 (vs JP¥14.95 in 1Q 2022)

Full year 2022 earnings released: EPS: JP¥81.30 (vs JP¥54.13 in FY 2021)

Okabe Co., Ltd., Annual General Meeting, Mar 30, 2023

Upcoming dividend of JP¥12.00 per share

Okabe Co., Ltd. to Report Fiscal Year 2022 Results on Feb 09, 2023

Third quarter 2022 earnings released: EPS: JP¥22.18 (vs JP¥18.63 in 3Q 2021)

Less than half of directors are independent

Okabe Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending December 31, 202

Third quarter 2022 earnings released: EPS: JP¥22.18 (vs JP¥18.63 in 3Q 2021)

Okabe Co., Ltd. (TSE:5959) announces an Equity Buyback for 1,500,000 shares, representing 3.16% for ¥1,000 million.

Okabe Co., Ltd. to Report Q3, 2022 Results on Oct 28, 2022

Okabe Co., Ltd. Revises Consolidated Earnings Forecast for the Fiscal Year Ending December 31, 2022

Okabe Co., Ltd. Provides Consolidated Financial Guidance for the Full Year Ending December 31, 2022

Okabe Co., Ltd. Revises Consolidated Earnings Forecast for the First Six Months of the Fiscal Year Ending December 31, 2022

Second quarter 2022 earnings released: EPS: JP¥30.13 (vs JP¥16.66 in 2Q 2021)

Upcoming dividend of JP¥11.00 per share

Okabe Co., Ltd. to Report Q2, 2022 Results on Jul 29, 2022

Okabe Co., Ltd. Provides Consolidated Financial Guidance for the First Half and Full Year Ending December 31, 2022

First quarter 2022 earnings: EPS misses analyst expectations

Price target increased to JP¥760

Less than half of directors are independent

Okabe Co., Ltd. to Report Q1, 2022 Results on Apr 28, 2022

Okabe Co., Ltd. Provides Earnings Guidance for the Full Year of Fiscal 2022, 2023 and 2024

Okabe Co., Ltd. Provides Dividend Forecast for the Second Quarter and Year Ending December 31, 2022

Okabe Co., Ltd., Annual General Meeting, Mar 30, 2022

Full year 2021 earnings: EPS misses analyst expectations

Upcoming dividend of JP¥10.00 per share

Okabe Co., Ltd. Provides Financial Guidance for the Fiscal Year Ending December 31, 2021

Third quarter 2021 earnings released: EPS JP¥18.63 (vs JP¥15.14 in 3Q 2020)

Second quarter 2021 earnings released: EPS JP¥16.66 (vs JP¥13.42 in 2Q 2020)

Upcoming dividend of JP¥10.00 per share

First quarter 2021 earnings released: EPS JP¥6.00 (vs JP¥5.64 in 1Q 2020)

Full year 2020 earnings released: EPS JP¥54.88 (vs JP¥67.07 in FY 2019)

Okabe Co., Ltd. to Report Q1, 2021 Results on Apr 28, 2021

New 90-day high: JP¥807

Okabe Co., Ltd., Annual General Meeting, Mar 26, 2021

Full year 2020 earnings released: EPS JP¥54.88 (vs JP¥67.07 in FY 2019)

Okabe Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended December 31, 2020

New 90-day low: JP¥754

New 90-day low: JP¥780

Price target lowered to JP¥800

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age