IBJ Management

Management criteria checks 1/4

IBJ's CEO is Shigeru Ishizaka, appointed in Feb 2006, has a tenure of 18.25 years. directly owns 31.7% of the company’s shares, worth ¥6.71B. The average tenure of the management team and the board of directors is 4.7 years and 2.2 years respectively.

Key information

Shigeru Ishizaka

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	18.3yrs
CEO ownership	31.7%
Management average tenure	4.7yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

CEO

Shigeru Ishizaka (52 yo)

18.3yrs

Tenure

Mr. Shigeru Ishizaka servers as Chief Executive Officer at IBJ, Inc. and had been the President since February 2006. Mr. Ishizaka joined The Industrial Bank of Japan, Ltd. (now Mizuho Corporate Bank, Ltd.)...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shigeru Ishizaka	President & Representative Director	18.3yrs	no data	31.7% ¥ 6.7b
Kenjiro Tsuchiya	MD & Director	7.1yrs	no data	5.84% ¥ 1.2b
Masahiro Ono	Senior Executive Officer	2.3yrs	no data	no data
Daisuke Nakano	Senior Executive Officer	2.3yrs	no data	no data
Yusuke Sawamura	Senior Executive Officer	no data	no data	no data

4.7yrs

Average Tenure

50yo

Average Age

Experienced Management: 6071's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shigeru Ishizaka	President & Representative Director	18.3yrs	no data	31.7% ¥ 6.7b
Kenjiro Tsuchiya	MD & Director	16.6yrs	no data	5.84% ¥ 1.2b
Nobuyuki Teramura	Outside Auditor	16.6yrs	no data	0.079% ¥ 16.8m
Yasuyuki Yokogawa	Director	7.2yrs	no data	0.052% ¥ 11.0m
Yuki Futatsuya	Full Time Auditor	1.2yrs	no data	0.071% ¥ 15.0m
Kozo Umezu	Independent Outside Director	2.2yrs	no data	0.0029% ¥ 615.8k
Shuhei Takahashi	Auditor	less than a year	no data	no data
Mai Satou	Independent Outside Director	less than a year	no data	no data
Megumu Murakami	Independent Outside Director	less than a year	no data	no data

2.2yrs

Average Tenure

50yo

Average Age

Experienced Board: 6071's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

IBJ Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

IBJ, Inc., Annual General Meeting, Mar 25, 2024

Less than half of directors are independent

IBJ, Inc., Annual General Meeting, Mar 24, 2023

IBJ, Inc., Annual General Meeting, Mar 28, 2022

IBJ, Inc., Annual General Meeting, Mar 29, 2021

Recent updates

High number of new and inexperienced directors

IBJ, Inc. to Report Q1, 2024 Results on May 10, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 11%

IBJ, Inc. (TSE:6071) announces an Equity Buyback for 500,000 shares, representing 1.31% for ¥300 million.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

IBJ, Inc., Annual General Meeting, Mar 25, 2024

Upcoming dividend of JP¥6.00 per share at 0.8% yield

IBJ, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024

Third quarter 2023 earnings released: EPS: JP¥14.28 (vs JP¥10.56 in 3Q 2022)

IBJ, Inc. (TSE:6071) announces an Equity Buyback for 800,000 shares, representing 2.04% for ¥500 million.

IBJ, Inc. to Report Q3, 2023 Results on Nov 10, 2023

IBJ, Inc. (TSE:6071) announces an Equity Buyback for 800,000 shares, representing 1.97% for ¥500 million.

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: JP¥10.88 (vs JP¥9.50 in 2Q 2022)

IBJ, Inc. (TSE:6071) announces an Equity Buyback for 800,000 shares, representing 1.97% for ¥500 million.

IBJ, Inc. to Report Q2, 2023 Results on Aug 10, 2023

First quarter 2023 earnings released: EPS: JP¥9.07 (vs JP¥9.02 in 1Q 2022)

Less than half of directors are independent

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 17%

Investor sentiment deteriorates as stock falls 17%

Now 32% undervalued after recent price drop

Full year 2022 earnings: EPS and revenues miss analyst expectations

IBJ, Inc., Annual General Meeting, Mar 24, 2023

IBJ, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023

Upcoming dividend of JP¥6.00 per share

Third quarter 2022 earnings released: EPS: JP¥10.59 (vs JP¥6.72 in 3Q 2021)

IBJ, Inc. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2022

Third quarter 2022 earnings released: EPS: JP¥10.56 (vs JP¥6.72 in 3Q 2021)

IBJ, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Investor sentiment improved over the past week

IBJ, Inc. Provides Earnings Guidance for the Year Ending March 31, 2023

Second quarter 2022 earnings released: EPS: JP¥9.50 (vs JP¥2.87 in 2Q 2021)

IBJ, Inc. to Report Q2, 2022 Results on Aug 10, 2022

IBJ, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending December 31, 2022

First quarter 2022 earnings: EPS exceeds analyst expectations

Hiroshi Tsumoto, President and Chief Executive Officer of Diverse Inc. agreed to acquire an additional 40.05% stake in Diverse Inc. from IBJ, Inc. (TSE:6071).

Price target increased to JP¥1,500

IBJ, Inc. to Report Q1, 2022 Results on May 10, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Full year 2021 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS exceeds analyst expectations

IBJ, Inc. Declares Dividend for the Fiscal Year Ended December 31, 2022, Payable on March 29, 2022

IBJ, Inc., Annual General Meeting, Mar 28, 2022

Yuji Hara and Nippon Growing Co., Ltd. agreed to acquire Kamome Corporation and IBJ Wedding Co., Ltd. from IBJ, Inc. (TSE:6071).

Upcoming dividend of JP¥6.00 per share

Third quarter 2021 earnings released: EPS JP¥6.72 (vs JP¥3.35 in 3Q 2020)

Second quarter 2021 earnings released: EPS JP¥2.87 (vs JP¥2.80 loss in 2Q 2020)

First quarter 2021 earnings released: EPS JP¥6.30 (vs JP¥8.09 in 1Q 2020)

Full year 2020 earnings released: EPS JP¥17.14 (vs JP¥38.48 in FY 2019)

IBJ, Inc. to Report Q1, 2021 Results on May 11, 2021

Investor sentiment improved over the past week

New 90-day high: JP¥1,097

Full year 2020 earnings released: EPS JP¥17.14 (vs JP¥38.48 in FY 2019)

Revenue and earnings beat expectations

IBJ, Inc., Annual General Meeting, Mar 29, 2021

Investor sentiment improved over the past week

New 90-day high: JP¥1,020

New 90-day low: JP¥746

IBJ, Inc. to Report Fiscal Year 2020 Results on Feb 10, 2021

Price target raised to JP¥1,300

IBJ, Inc. to Report Q3, 2020 Results on Nov 12, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age