MODEC Management

Management criteria checks 1/4

MODEC's CEO is Hirohiko Miyata, appointed in Mar 2024, has a tenure of less than a year. directly owns 0.001% of the company’s shares, worth ¥1.98M. The average tenure of the management team and the board of directors is 2.4 years and 2.7 years respectively.

Key information

Hirohiko Miyata

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.0009%
Management average tenure	2.4yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

MODEC (TSE:6269) Will Pay A Dividend Of $30.00

Nov 15

MODEC (TSE:6269) Has Announced A Dividend Of ¥30.00

Oct 15

MODEC, Inc.'s (TSE:6269) Shares Bounce 26% But Its Business Still Trails The Market

Oct 06

MODEC (TSE:6269) Has Announced A Dividend Of ¥30.00

Aug 30

MODEC (TSE:6269) Will Pay A Dividend Of ¥30.00

Aug 11

Investors Don't See Light At End Of MODEC, Inc.'s (TSE:6269) Tunnel And Push Stock Down 30%

Aug 06

Forecast: Analysts Think MODEC, Inc.'s (TSE:6269) Business Prospects Have Improved Drastically

Jun 28

MODEC (TSE:6269) Has A Pretty Healthy Balance Sheet

Apr 09

MODEC, Inc.'s (TSE:6269) Shares Climb 30% But Its Business Is Yet to Catch Up

Feb 26

CEO

Hirohiko Miyata (62 yo)

less than a year

Tenure

Hirohiko Miyata served as Executive Vice President at MODEC, Inc. since June 1, 2023 until March 27, 2024 and serves as its President & CEO since March 27, 2024 and serves as its Director from 2023 and ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Takeshi Kanamori	Chairman & Executive Officer	6.7yrs	US$815.69k	0.026% ¥ 58.7m
Hirohiko Miyata	President	less than a year	no data	0.00088% ¥ 2.0m
Ryo Suzuki	Group CFO & Executive Managing Officer	less than a year	no data	no data
Katsuyuki Imaizumi	COO, Senior Executive Managing Officer	2.8yrs	no data	no data
Daisuke Tachibana	Accounting Manager	no data	no data	no data
Koichi Matsumiya	CTO & Executive Officer	2.6yrs	no data	no data
Osamu Toriumi	Chief Compliance Officer	no data	no data	no data
Yasuhiro Takano	Executive VP	less than a year	no data	0.0078% ¥ 17.5m
Minoru Sawada	Chief Procurement Officer	8.7yrs	no data	no data
Mitsuru Sato	Executive Officer & Head of Corporate Planning & Strategies	2.6yrs	no data	no data
Soichi Ide	Executive Managing Officer	2.6yrs	no data	no data
Arun Duggal	Executive Officer & Head of Mooring Solutions	2.2yrs	no data	no data

2.4yrs

Average Tenure

67yo

Average Age

Experienced Management: 6269's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Takeshi Kanamori	Chairman & Executive Officer	6.7yrs	US$815.69k	0.026% ¥ 58.7m
Hirohiko Miyata	President	1.8yrs	no data	0.00088% ¥ 2.0m
Yasuhiro Takano	Executive VP	2.7yrs	no data	0.0078% ¥ 17.5m
Kazuhisa Nishigai	Independent External Director	4.7yrs	no data	no data
Masato Kobayashi	Independent Outside Director	3.7yrs	no data	no data
Masaaki Amma	Independent External Director	less than a year	no data	no data
Toshihiko Fujita	Independent Outside Director	less than a year	no data	no data
Kazuko Shiraishi	Independent External Director	5.7yrs	no data	no data
Hiroko Noda	Independent External Director	5.7yrs	no data	no data
Koichi Wakana	Independent External Director	2.7yrs	no data	no data
Yoshihiro Takamura	Director	less than a year	no data	0.0015% ¥ 3.4m
Yasuchika Noma	Independent External Director	1.4yrs	no data	no data

2.7yrs

Average Tenure

64yo

Average Age

Experienced Board: 6269's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

MODEC Management

Management criteria checks 1/4

Key information

Recent management updates

MODEC, Inc., Annual General Meeting, Mar 27, 2024

High number of new directors

MODEC, Inc. to Appoint Hirohiko Miyata as Executive Vice President, Effective June 1, 2023

MODEC, Inc., Annual General Meeting, Mar 28, 2023

High number of new directors

MODEC, Inc. Announces Management Changes Effective as of September 30, 2022

Recent updates

MODEC (TSE:6269) Will Pay A Dividend Of $30.00

New major risk - Revenue and earnings growth

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 26% overvalued after recent price rise

MODEC (TSE:6269) Has Announced A Dividend Of ¥30.00

MODEC, Inc.'s (TSE:6269) Shares Bounce 26% But Its Business Still Trails The Market

Investor sentiment improves as stock rises 16%

Consensus EPS estimates increase by 24%

New major risk - Revenue and earnings growth

MODEC (TSE:6269) Has Announced A Dividend Of ¥30.00

MODEC, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

MODEC (TSE:6269) Will Pay A Dividend Of ¥30.00

Dividend of JP¥30.00 announced

Modec, Inc. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2024

Investors Don't See Light At End Of MODEC, Inc.'s (TSE:6269) Tunnel And Push Stock Down 30%

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 32%

Forecast: Analysts Think MODEC, Inc.'s (TSE:6269) Business Prospects Have Improved Drastically

Consensus revenue estimates increase by 12%

MODEC, Inc. to Report Q2, 2024 Results on Aug 08, 2024

MODEC (TSE:6269) Has A Pretty Healthy Balance Sheet

Consensus EPS estimates increase by 19%

MODEC, Inc. to Report Q1, 2024 Results on May 14, 2024

MODEC, Inc.'s (TSE:6269) Shares Climb 30% But Its Business Is Yet to Catch Up

Full year 2023 earnings released: EPS: US$1.55 (vs US$0.67 in FY 2022)

Investor sentiment improves as stock rises 19%

MODEC, Inc., Annual General Meeting, Mar 27, 2024

Consensus EPS estimates increase by 81%

Investor sentiment improves as stock rises 18%

MODEC, Inc. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2023

Modec, Inc. and Terra Drone Corporation Announce the Completion of the Drone-Based Hull Length Measurement of A Crude Oil Storage Tank of Fpso

Consensus revenue estimates increase by 18%

MODEC, Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024

MODEC, Inc. Revises Earnings Guidance for the Year Ending December 31, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

MODEC, Inc. to Report Q3, 2023 Results on Nov 09, 2023

MODEC, Inc.'s FPSO Anita Garibaldi MV33 Achieves First Oil and Starts 25-Year Time Charter

Now 21% undervalued

MODEC, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023

High number of new directors

New minor risk - Shareholder dilution

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

MODEC, Inc. to Appoint Hirohiko Miyata as Executive Vice President, Effective June 1, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates increase by 30%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

MODEC, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023

MODEC, Inc., Annual General Meeting, Mar 28, 2023

MODEC, Inc. Revises Consolidated Earnings Guidance for the Full Year Ended December 31, 2022

Now 21% undervalued after recent price drop

MODEC, Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023

Third quarter 2022 earnings released: JP¥5.48 loss per share (vs JP¥146 loss in 3Q 2021)

High number of new directors

Third quarter 2022 earnings released: JP¥5.48 loss per share (vs JP¥146 loss in 3Q 2021)

MODEC, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022

Now 20% undervalued

MODEC, Inc. Announces Management Changes Effective as of September 30, 2022

MODEC, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Second quarter 2022 earnings released: EPS: US$0.56 (vs US$0.41 loss in 2Q 2021)

MODEC, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022

Upcoming dividend of JP¥7.50 per share

Now 21% undervalued

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

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

MODEC, Inc. Provides Earning Guidance for Year Ending December 31, 2022

Price target decreased to JP¥1,550