Payroll Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Tetsuya Yuasa

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	4.0%
Management average tenure	no data
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO

Tetsuya Yuasa (65 yo)

no data

Tenure

Mr. Tetsuya Yuasa serves as the President, CEO and Director at Payroll Inc.

Board Members

Name	Position	Tenure	Compensation	Ownership
Tetsuya Yuasa	President	no data	no data	4.04% ¥ 999.0m
Takahiro Kageyama	Director	1.9yrs	no data	0% ¥ 0
Kanno Yumi	Director	no data	no data	no data
Kaoru Majima	Independent Director	no data	no data	no data
Seijin Hira	Director	no data	no data	no data
Masao Horiuchi	Independent Director	no data	no data	no data
Shuji Asai	Director	1.9yrs	no data	0% ¥ 0
Sekiguchi Hiromitsu	Director	1.9yrs	no data	no data
Masahiko Watanabe	Director	1.9yrs	no data	no data
Masakazu Kato	Director	1.9yrs	no data	0% ¥ 0
Yoko Tanaka	Independent Director	1.9yrs	no data	no data
Hiroki Sakai	Director	less than a year	no data	no data

1.9yrs

Average Tenure

51yo

Average Age

Experienced Board: 4489's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Payroll Management

Management criteria checks 0/4

Key information

Recent management updates

Less than half of directors are independent

Payroll Inc., Annual General Meeting, Jun 24, 2022

Insufficient new directors

Recent updates

TA Associates Management, L.P completed the acquisition of 89.34% stake in Payroll Inc. (TSE:4489) from group of shareholders for ¥22 billion

Payroll Inc. to Report Fiscal Year 2024 Results on May 14, 2024

Third quarter 2024 earnings released: EPS: JP¥12.49 (vs JP¥12.77 in 3Q 2023)

New major risk - Share price stability

Investor sentiment improves as stock rises 50%

Second quarter 2024 earnings released: EPS: JP¥9.50 (vs JP¥11.16 in 2Q 2023)

Now 21% undervalued

First quarter 2024 earnings released: EPS: JP¥10.13 (vs JP¥7.13 in 1Q 2023)

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Payroll Inc. to Report Q3, 2024 Results on Feb 13, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of JP¥10.00 per share at 1.4% yield

Third quarter 2023 earnings released: EPS: JP¥12.77 (vs JP¥12.87 in 3Q 2022)

Payroll Inc. Provides Earnings Guidance for the Full Year of Fiscal 2023

Payroll Inc. to Report Q3, 2023 Results on Feb 13, 2023

Second quarter 2023 earnings released

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥11.22 (vs JP¥12.87 in 2Q 2022)

Payroll Inc. to Report Q2, 2023 Results on Nov 11, 2022

Payroll Inc. (TSE:4489) announces an Equity Buyback for 130,000 shares, representing 0.72% for ¥100 million.

Payroll Inc. to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment deteriorated over the past week