EM Systems Management

Management criteria checks 2/4

EM Systems' CEO is Hiromasa Kunimitsu, appointed in Jun 2020, has a tenure of 4.42 years. directly owns 2.95% of the company’s shares, worth ¥1.10B. The average tenure of the management team and the board of directors is 4.4 years and 4 years respectively.

Key information

Hiromasa Kunimitsu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.4yrs
CEO ownership	2.9%
Management average tenure	4.4yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO

Hiromasa Kunimitsu (50 yo)

4.4yrs

Tenure

Mr. Hiromasa Kunimitsu serves as Representative Director, Chief Executive Officer and President at EM Systems Co., Ltd. Since June 2020. He had been the Managing Director at EM Systems Co., Ltd since June...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenji Oishi	Executive Chairman	5.4yrs	no data	0.72% ¥ 268.7m
Hiromasa Kunimitsu	President	4.4yrs	no data	2.95% ¥ 1.1b
Kozo Kunimitsu	Chief Advisor & Director	4.4yrs	no data	no data
Gen Aota	Director	16.2yrs	no data	0.36% ¥ 133.3m
Megumi Seki	Senior Executive Officer	1.7yrs	no data	0.079% ¥ 29.4m
Ryoko Mitsuhashi	Senior Executive Officer	13.4yrs	no data	no data
Kanae Sato	Executive Officer & Head of Planning Headquarters	no data	no data	no data
Koji Togawa	Executive Officer & Head of Medical Sales Division - Sales Headquarters	no data	no data	no data
Yasuhiro Matsubara	Director	no data	no data	0.020% ¥ 7.6m

4.4yrs

Average Tenure

62yo

Average Age

Experienced Management: 4820's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenji Oishi	Executive Chairman	5.4yrs	no data	0.72% ¥ 268.7m
Hiromasa Kunimitsu	President	22.3yrs	no data	2.95% ¥ 1.1b
Kozo Kunimitsu	Chief Advisor & Director	44.8yrs	no data	no data
Gen Aota	Director	15.4yrs	no data	0.36% ¥ 133.3m
Megumi Seki	Senior Executive Officer	4.4yrs	no data	0.079% ¥ 29.4m
Yasuhiro Matsubara	Director	3.7yrs	no data	0.020% ¥ 7.6m
Hidenori Akabane	Independent Outside Director	1.7yrs	no data	no data
Takeshi Miyata	Independent Outside Director	3.7yrs	no data	no data
Shinobu Okamoto	Independent Outside Director	2.7yrs	no data	no data
Miwako Kamei	Independent Outside Director	2.7yrs	no data	no data

4.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 4820's board of directors are considered experienced (4 years average tenure).

EM Systems Management

Management criteria checks 2/4

Key information

Recent management updates

EM Systems Co., Ltd., Annual General Meeting, Mar 28, 2024

Less than half of directors are independent

Less than half of directors are independent

EM Systems Co., Ltd., Annual General Meeting, Mar 18, 2022

EM Systems Co., Ltd., Annual General Meeting, Mar 17, 2021

Recent updates

EM Systems Co., Ltd. to Report Q3, 2024 Results on Nov 14, 2024

Second quarter 2024 earnings released: EPS: JP¥5.89 (vs JP¥3.93 in 2Q 2023)

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of JP¥7.00 per share

EM Systems Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024

First quarter 2024 earnings released: EPS: JP¥8.09 (vs JP¥7.23 in 1Q 2023)

EM Systems Co., Ltd. to Report Q1, 2024 Results on May 14, 2024

Now 21% undervalued

Now 21% undervalued

EM Systems Co., Ltd., Annual General Meeting, Mar 28, 2024

Full year 2023 earnings released: EPS: JP¥27.76 (vs JP¥26.74 in FY 2022)

EM Systems Co., Ltd. (TSE:4820) announces an Equity Buyback for 1,600,000 shares, representing 2.26% for ¥1,000 million.

Upcoming dividend of JP¥7.00 per share at 2.2% yield

EM Systems Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: EPS: JP¥8.03 (vs JP¥7.86 in 3Q 2022)

EM Systems Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023

New major risk - Revenue and earnings growth

New minor risk - Dividend sustainability

Upcoming dividend of JP¥5.00 per share at 1.5% yield

EM Systems Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023

First quarter 2023 earnings released: EPS: JP¥7.23 (vs JP¥7.92 in 1Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.7% to JP¥1,200

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued

Upcoming dividend of JP¥7.00 per share

EM Systems Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: JP¥7.86 (vs JP¥8.12 in 3Q 2021)

Investor sentiment deteriorated over the past week

EM Systems Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings released

EM Systems Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022

Upcoming dividend of JP¥4.00 per share

Investor sentiment improved over the past week

Consensus EPS estimates increase by 18%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to JP¥1,200

Less than half of directors are independent

EM Systems Co., Ltd. to Report Q1, 2022 Results on May 13, 2022

EM Systems Co., Ltd., Annual General Meeting, Mar 18, 2022

EM Systems Co., Ltd. (TSE:4820) announces an Equity Buyback for 900,000 shares, representing 1.26% for ¥500 million.

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of JP¥6.00 per share

Consensus forecasts updated

EM Systems Co., Ltd. (TSE:4820) agreed to acquire additional 28.83% stake in Good Cycle System Inc. for ¥460 million.

EM Systems Co., Ltd. to Report Q1, 2021 Results on May 14, 2021

Analysts lower revenue estimates to JP¥15.2b

New 90-day low: JP¥823

Third quarter 2021 earnings released: EPS JP¥3.21 (vs JP¥4.37 in 3Q 2020)

EM Systems Co., Ltd., Annual General Meeting, Mar 17, 2021

EM Systems Co., Ltd. (TSE:4820) acquired minority stake in NHOSA Corporation from CLSA Sunrise Capital III managed by CLSA Capital Partners.

New 90-day high: JP¥922

EM Systems Co., Ltd. to Report Fiscal Year 2020 Results on Feb 10, 2021

Price target lowered to JP¥850

EM Systems Co., Ltd. to Report Q2, 2021 Results on Nov 11, 2020

EM Systems Co., Ltd. to Report Q1, 2021 Results on Aug 12, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age