Densan Management

Management criteria checks 2/4

Densan's CEO is Kazuta Todoroki, appointed in Jun 2011, has a tenure of 12.92 years. directly owns 0.99% of the company’s shares, worth ¥85.17M. The average tenure of the management team and the board of directors is 2.4 years and 5.1 years respectively.

Key information

Kazuta Todoroki

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.9yrs
CEO ownership	1.0%
Management average tenure	2.4yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO

Kazuta Todoroki (77 yo)

12.9yrs

Tenure

Mr. Kazuta Todoroki has been the President of Densan Co. Ltd. since June 2011. Mr. Todoroki served as Director and Chief, General Affairs Bureau since June 2000.Mr. Todoroki served as Managing Director; C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kazuta Todoroki	President & Representative Director	12.9yrs	no data	0.99% ¥ 85.2m
Naomi Hogawa	GM of Administration & Director	1.9yrs	no data	0.054% ¥ 4.6m
Fumio Muramatsu	MD, In Charge of Sales & Director	less than a year	no data	0.086% ¥ 7.4m
Takumi Maruyama	Executive MD & Director	no data	no data	0.20% ¥ 17.0m
Yorikazu Yoda	GM of Development & Director	2.9yrs	no data	0.048% ¥ 4.2m

2.4yrs

Average Tenure

61yo

Average Age

Experienced Management: 3640's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kazuta Todoroki	President & Representative Director	12.9yrs	no data	0.99% ¥ 85.2m
Naomi Hogawa	GM of Administration & Director	1.9yrs	no data	0.054% ¥ 4.6m
Fumio Muramatsu	MD, In Charge of Sales & Director	no data	no data	0.086% ¥ 7.4m
Takumi Maruyama	Executive MD & Director	9.9yrs	no data	0.20% ¥ 17.0m
Yorikazu Yoda	GM of Development & Director	4.3yrs	no data	0.048% ¥ 4.2m
Sadayuki Koide	External Auditor	10.9yrs	no data	0.016% ¥ 1.3m
Hideaki Kobayashi	Independent External Director	12.9yrs	no data	0.11% ¥ 9.2m
Shinichi Utsunomiya	Independent Outside Director	no data	no data	0.23% ¥ 19.5m
Yoshinori Yoshikawa	Director	5.3yrs	no data	0.079% ¥ 6.8m
Naoyoshi Miyasaka	Outside Corporate Auditor	4.9yrs	no data	no data
Kazuhiko Ishida	Outside Corporate Auditor	4.9yrs	no data	no data
Masayoshi Watanabe	Independent Outside director	2.3yrs	no data	0.0086% ¥ 744.3k

5.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 3640's board of directors are considered experienced (5.1 years average tenure).

Densan Management

Management criteria checks 2/4

Key information

Recent management updates

Densan Co., Ltd., Annual General Meeting, Jun 28, 2023

Less than half of directors are independent

Densan Co., Ltd., Annual General Meeting, Jun 28, 2022

Less than half of directors are independent

Recent updates

Upcoming dividend of JP¥20.00 per share

Densan Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024

Third quarter 2024 earnings released: JP¥14.24 loss per share (vs JP¥45.63 profit in 3Q 2023)

Densan Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024

New minor risk - Shareholder dilution

Densan Co., Ltd. announced that it expects to receive ¥124.4 million in funding from Toppan Edge Services Inc.

Densan Co., Ltd. announced that it expects to receive ¥124.4 million in funding from Toppan Edge Services Inc.

Upcoming dividend of JP¥17.00 per share at 2.3% yield

Densan Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023

First quarter 2024 earnings released: EPS: JP¥9.57 (vs JP¥10.99 in 1Q 2023)

Densan Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023

Densan Co., Ltd., Annual General Meeting, Jun 28, 2023

Full year 2023 earnings released: EPS: JP¥321 (vs JP¥172 in FY 2022)

Upcoming dividend of JP¥28.00 per share at 2.0% yield

Investor sentiment improves as stock rises 25%

Third quarter 2023 earnings released: EPS: JP¥45.62 (vs JP¥9.19 loss in 3Q 2022)

Densan Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023

Second quarter 2023 earnings released: EPS: JP¥19.94 (vs JP¥29.99 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥19.94 (vs JP¥29.99 in 2Q 2022)

Upcoming dividend of JP¥17.00 per share

Densan Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022

First quarter 2023 earnings released: EPS: JP¥10.99 (vs JP¥28.62 in 1Q 2022)

Densan Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022

Full year 2022 earnings released: EPS: JP¥172 (vs JP¥110 in FY 2021)

Densan Co., Ltd., Annual General Meeting, Jun 28, 2022

Less than half of directors are independent

Densan Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥18.00 per share

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

Upcoming dividend of JP¥17.00 per share

First quarter 2022 earnings released: EPS JP¥28.62 (vs JP¥29.61 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥110 (vs JP¥46.88 in FY 2020)

Upcoming dividend of JP¥21.00 per share

Densan Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021

Third quarter 2021 earnings released: JP¥18.27 loss per share (vs JP¥67.29 profit in 3Q 2020)

New 90-day high: JP¥2,585

Third quarter 2021 earnings released: JP¥18.26 loss per share (vs JP¥67.29 profit in 3Q 2020)

New 90-day high: JP¥2,487

Densan Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age