Trusco Nakayama Management

Management criteria checks 4/4

Trusco Nakayama's CEO is Tetsuya Nakayama, appointed in Dec 1994, has a tenure of 29.33 years. total yearly compensation is ¥205.00M, comprised of 65.9% salary and 34.1% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth ¥155.14M. The average tenure of the management team and the board of directors is 4.3 years and 5.3 years respectively.

Key information

Tetsuya Nakayama

Chief executive officer

JP¥205.0m

Total compensation

CEO salary percentage	65.9%
CEO tenure	29.3yrs
CEO ownership	0.09%
Management average tenure	4.3yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

Trusco Nakayama (TSE:9830) Is Increasing Its Dividend To ¥24.00

Apr 25

Trusco Nakayama (TSE:9830) Has Announced That It Will Be Increasing Its Dividend To ¥24.00

Apr 11

Trusco Nakayama (TSE:9830) Has Some Way To Go To Become A Multi-Bagger

Apr 03

CEO Compensation Analysis

How has Tetsuya Nakayama's remuneration changed compared to Trusco Nakayama's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥12b
Sep 30 2023	n/a	n/a	JP¥13b
Jun 30 2023	n/a	n/a	JP¥12b
Mar 31 2023	n/a	n/a	JP¥11b
Dec 31 2022	JP¥205m	JP¥135m	JP¥11b
Sep 30 2022	n/a	n/a	JP¥11b
Jun 30 2022	n/a	n/a	JP¥11b
Mar 31 2022	n/a	n/a	JP¥11b
Dec 31 2021	JP¥191m	JP¥121m	JP¥12b
Sep 30 2021	n/a	n/a	JP¥10b
Jun 30 2021	n/a	n/a	JP¥9b
Mar 31 2021	n/a	n/a	JP¥8b
Dec 31 2020	JP¥170m	JP¥110m	JP¥8b
Sep 30 2020	n/a	n/a	JP¥8b
Jun 30 2020	n/a	n/a	JP¥9b
Mar 31 2020	n/a	n/a	JP¥9b
Dec 31 2019	JP¥152m	JP¥107m	JP¥10b

Compensation vs Market: Tetsuya's total compensation ($USD1.31M) is about average for companies of similar size in the JP market ($USD1.01M).

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

CEO

Tetsuya Nakayama (65 yo)

29.3yrs

Tenure

JP¥205,000,000

Compensation

Mr. Tetsuya Nakayama serves as the President at Trusco Nakayama Corporation since 1994 and serves as its Representative Director since 1984. He served as Executive Director since 1987 until 1991. He joined...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tetsuya Nakayama	President & Representative Director	29.3yrs	JP¥205.00m	0.093% ¥ 155.1m
Tetsuhiro Mori	General Manager of the Accounting Division	3.3yrs	no data	no data
Mikio Adachi	GM of the Administration Division & Manager of the Property Section	5.3yrs	no data	no data
Kazuo Nakai	Director	4.3yrs	no data	0.013% ¥ 21.8m
Takashi Nakai	Advisor	16.8yrs	no data	no data
Hideki Naoyoshi	Director & GM of the Distribution Department	3.3yrs	no data	0.011% ¥ 18.8m
Atsushi Kazumi	Director	4.3yrs	no data	0.013% ¥ 21.3m
Tatsuya Nakayama	Senior VP & General Manager of the Product Department	3.3yrs	no data	0.0062% ¥ 10.4m
Tetsuya Nakayama	GM of Commodity Division & Director	no data	no data	no data
Mayumi Takada	Manager of the Corporate Planning & Public Relations - IR Section	no data	no data	no data
Mika Takahashi	Officer of Corporate Planning & Public Relations - IR Section	no data	no data	no data
Kyoko Yoshimi	Manager of Public Relations & Investor Relations	no data	no data	no data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 9830's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tetsuya Nakayama	President & Representative Director	40.3yrs	JP¥205.00m	0.093% ¥ 155.1m
Kazuo Nakai	Director	5.3yrs	no data	0.013% ¥ 21.8m
Hideki Naoyoshi	Director & GM of the Distribution Department	5.3yrs	no data	0.011% ¥ 18.8m
Atsushi Kazumi	Director	5.3yrs	no data	0.013% ¥ 21.3m
Tetsuya Nakayama	GM of Commodity Division & Director	1.1yrs	no data	no data
Kuniaki Hagihara	Independent External Director	8.3yrs	no data	0.0058% ¥ 9.6m
Hiroaki Imagawa	Full Time Audit & Supervisory Board	4.1yrs	no data	0.030% ¥ 50.8m
Hiroho Kamakura	External Part-Time Auditor	11.8yrs	no data	0.0080% ¥ 13.5m
Kenichi Saito	Independent External Director	8.3yrs	no data	0.0073% ¥ 12.2m
Takako Suzuki	Independent External Director	4.3yrs	no data	0.0038% ¥ 6.3m
Takeshi Hineno	Part-time Audit & Supervisory Board Member	1.1yrs	no data	no data

5.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 9830's board of directors are considered experienced (5.3 years average tenure).

Trusco Nakayama Management

Management criteria checks 4/4

Key information

Recent management updates

Trusco Nakayama Corporation, Annual General Meeting, Mar 28, 2024

Trusco Nakayama Corporation, Annual General Meeting, Mar 24, 2023

Less than half of directors are independent

Less than half of directors are independent

Trusco Nakayama Corporation, Annual General Meeting, Mar 18, 2022

Trusco Nakayama Corporation, Annual General Meeting, Mar 18, 2021

Recent updates

Trusco Nakayama (TSE:9830) Is Increasing Its Dividend To ¥24.00

Trusco Nakayama (TSE:9830) Has Announced That It Will Be Increasing Its Dividend To ¥24.00

Final dividend increased to JP¥24.00

Trusco Nakayama (TSE:9830) Has Some Way To Go To Become A Multi-Bagger

Trusco Nakayama Corporation to Report Q1, 2024 Results on Apr 30, 2024

Trusco Nakayama Corporation, Annual General Meeting, Mar 28, 2024

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of JP¥23.50 per share at 1.9% yield

Trusco Nakayama Corporation to Report Fiscal Year 2023 Results on Feb 09, 2024

Third quarter 2023 earnings: EPS misses analyst expectations

Trusco Nakayama Corporation to Report Q3, 2023 Results on Oct 31, 2023

Consensus EPS estimates increase by 12%

Second quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of JP¥19.00 per share at 1.8% yield

Trusco Nakayama Corporation to Report Q2, 2023 Results on Aug 10, 2023

Full year 2022 earnings: EPS exceeds analyst expectations

Full year 2022 earnings: EPS exceeds analyst expectations

Trusco Nakayama Corporation, Annual General Meeting, Mar 24, 2023

Upcoming dividend of JP¥21.50 per share

Trusco Nakayama Corporation to Report Fiscal Year 2022 Results on Feb 09, 2023

Price target increased to JP¥4,100

Less than half of directors are independent

Third quarter 2022 earnings: EPS misses analyst expectations

Now 21% undervalued

Trusco Nakayama Corporation to Report Q3, 2022 Results on Oct 31, 2022

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

Upcoming dividend of JP¥18.00 per share

Trusco Nakayama Corporation to Report Q2, 2022 Results on Aug 09, 2022

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Trusco Nakayama Corporation to Report Q1, 2022 Results on Apr 28, 2022

Trusco Nakayama Corporation, Annual General Meeting, Mar 18, 2022

Full year 2021 earnings: EPS misses analyst expectations

Upcoming dividend of JP¥16.50 per share

Third quarter 2021 earnings released: EPS JP¥34.01 (vs JP¥20.94 in 3Q 2020)

Price target increased to JP¥4,000

Second quarter 2021 earnings released: EPS JP¥38.29 (vs JP¥30.51 in 2Q 2020)

Upcoming dividend of JP¥20.50 per share

Consensus EPS estimates increase to JP¥156

First quarter 2021 earnings released: EPS JP¥41.13 (vs JP¥35.20 in 1Q 2020)

New 90-day low: JP¥2,539

Trusco Nakayama Corporation, Annual General Meeting, Mar 18, 2021

Revenue behind estimates

Full year 2020 earnings released: EPS JP¥121 (vs JP¥146 in FY 2019)

Trusco Nakayama Corporation to Report Fiscal Year 2020 Results on Feb 12, 2021

New 90-day high: JP¥2,944

Price target lowered to JP¥3,330

Trusco Nakayama Corporation to Report Q3, 2020 Results on Oct 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age