Showa Sangyo Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Hideyuki Tsukagoshi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.03%
Management average tenure	5.8yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO

Hideyuki Tsukagoshi (58 yo)

less than a year

Tenure

Mr. Hideyuki Tsukagoshi is a Representative Director of Showa Sangyo Co., Ltd and served as its Managing Executive Officer since June 2021. He is the President and CEO of Showa Sangyo Co., Ltd. since Apri...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hideyuki Tsukagoshi	Representative Director	less than a year	no data	0.028% ¥ 32.7m
Junji Kokuryo	Senior Managing Executive Officer & Director	5.8yrs	no data	0.063% ¥ 73.0m
Tatsuya Yamaguchi	Managing Executive Officer & Director	5.8yrs	no data	0.074% ¥ 85.8m
Yoshihiro Hosoi	Managing Executive Officer & Director	no data	no data	0.0084% ¥ 9.7m

5.8yrs

Average Tenure

62yo

Average Age

Experienced Management: 2004's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hideyuki Tsukagoshi	Representative Director	no data	no data	0.028% ¥ 32.7m
Junji Kokuryo	Senior Managing Executive Officer & Director	5.8yrs	no data	0.063% ¥ 73.0m
Tatsuya Yamaguchi	Managing Executive Officer & Director	5.8yrs	no data	0.074% ¥ 85.8m
Yoshihiro Hosoi	Managing Executive Officer & Director	less than a year	no data	0.0084% ¥ 9.7m
Takashi Yanagiya	Independent Outside Director	8.8yrs	no data	0.0096% ¥ 11.1m
Kazuhiko Niitsuma	Chairman	11.8yrs	no data	0.18% ¥ 210.6m
Naoko Mikami	Independent Outside Director	2.8yrs	no data	0.0021% ¥ 2.4m
Joji Sugo	Outside Independent Director	less than a year	no data	no data
Susumu Oyanagi	Director	5.8yrs	no data	0.064% ¥ 74.7m
Masashi Ono	Director	no data	no data	0.017% ¥ 20.2m
Toshihiro Teshima	Outside Independent Director	less than a year	no data	no data

5.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 2004's board of directors are considered experienced (5.8 years average tenure).

Showa Sangyo Management

Management criteria checks 2/4

Key information

Recent management updates

Showa Sangyo Co., Ltd., Annual General Meeting, Jun 23, 2023

Less than half of directors are independent

Showa Sangyo Co., Ltd., Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

Recent updates

Upcoming dividend of JP¥50.00 per share

Showa Sangyo Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024

Consensus EPS estimates increase by 13%

Price target increased by 28% to JP¥4,330

Third quarter 2024 earnings released: EPS: JP¥138 (vs JP¥62.67 in 3Q 2023)

Showa Sangyo Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Showa Sangyo Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024

Consensus EPS estimates increase by 25%, revenue downgraded

Consensus EPS estimates increase by 20%, revenue downgraded

Showa Sangyo Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2024

Second quarter 2024 earnings released: EPS: JP¥88.07 (vs JP¥15.58 in 2Q 2023)

Upcoming dividend of JP¥30.00 per share at 2.0% yield

Showa Sangyo Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023

Consensus EPS estimates increase by 20%

Price target increased by 26% to JP¥3,220

Showa Sangyo Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023

Full year 2023 earnings: EPS misses analyst expectations

Showa Sangyo Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024

Showa Sangyo Co., Ltd., Annual General Meeting, Jun 23, 2023

Upcoming dividend of JP¥30.00 per share at 2.4% yield

Third quarter 2023 earnings released: EPS: JP¥62.67 (vs JP¥44.27 in 3Q 2022)

Consensus forecasts updated

Showa Sangyo Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023

Second quarter 2023 earnings released: EPS: JP¥15.58 (vs JP¥29.28 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥15.58 (vs JP¥29.28 in 2Q 2022)

Showa Sangyo Co., Ltd. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023

Upcoming dividend of JP¥30.00 per share

Price target increased to JP¥2,645

Showa Sangyo Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022

First quarter 2023 earnings released: EPS: JP¥42.69 (vs JP¥25.24 in 1Q 2022)

Showa Sangyo Co., Ltd. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023

Showa Sangyo Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022

Consensus forecasts updated

Price target decreased to JP¥2,560

Full year 2022 earnings: EPS misses analyst expectations

Showa Sangyo Co., Ltd. Announces Dividend for the Year Ended March 31, 2022, Payable on June 27, 2022

Showa Sangyo Co., Ltd., Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

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

Upcoming dividend of JP¥30.00 per share

Third quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Chateraise Co.,Ltd. agreed to acquire Saikado Co., Ltd. from Showa Sangyo Co., Ltd. (TSE:2004).

Price target decreased to JP¥2,865

Price target decreased to JP¥2,865

Second quarter 2022 earnings released: EPS JP¥29.28 (vs JP¥159 in 2Q 2021)

Upcoming dividend of JP¥30.00 per share

Price target decreased to JP¥3,175

First quarter 2022 earnings released: EPS JP¥25.24 (vs JP¥61.52 in 1Q 2021)

Price target decreased to JP¥3,250

Full year 2021 earnings released: EPS JP¥320 (vs JP¥216 in FY 2020)

Upcoming dividend of JP¥35.00 per share

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

New 90-day high: JP¥3,295

Third quarter 2021 earnings released: EPS JP¥69.28 (vs JP¥77.35 in 3Q 2020)

Analysts update estimates

New 90-day low: JP¥3,150

Showa Sangyo Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021

Showa Sangyo Co., Ltd. (TSE:2004) entered into an agreement to acquire San-Ei Sucrochemical Co.,Ltd. from Mitsui & Co., Ltd. (TSE:8031) for ¥15 billion.

Showa Sangyo Co., Ltd. to Report Q2, 2021 Results on Nov 16, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age