Adjuvant HoldingsLtd Management

Management criteria checks 1/4

Adjuvant HoldingsLtd's CEO is Yutaka Nakamura, appointed in Jan 2021, has a tenure of 3.33 years. directly owns 22.42% of the company’s shares, worth ¥1.53B. The average tenure of the management team and the board of directors is 8.1 years and 2.9 years respectively.

Key information

Yutaka Nakamura

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	22.4%
Management average tenure	8.1yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO

Yutaka Nakamura (77 yo)

3.3yrs

Tenure

Mr. Yutaka Nakamura has been Chairman of the Board at Adjuvant Cosme Japan Co., Ltd. since June 16, 2016 and serves as President. Mr. Nakamura has been President at K.K.Adjuvant since 1992. Mr. Nakamura E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yutaka Nakamura	Chairman & President	3.3yrs	no data	22.42% ¥ 1.5b
Hideo Nakagawa	GM of Administration & Director	13.6yrs	no data	0.14% ¥ 9.9m
Takeshi Fujiwara	GM of Sales & Director	3.2yrs	no data	0.030% ¥ 2.0m
Junko Tanaka	Senior MD & Director	12.8yrs	no data	15.19% ¥ 1.0b

8.1yrs

Average Tenure

70.5yo

Average Age

Experienced Management: 4929's management team is seasoned and experienced (8.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yutaka Nakamura	Chairman & President	33.1yrs	no data	22.42% ¥ 1.5b
Hideo Nakagawa	GM of Administration & Director	12.9yrs	no data	0.14% ¥ 9.9m
Takeshi Fujiwara	GM of Sales & Director	1.2yrs	no data	0.030% ¥ 2.0m
Junko Tanaka	Senior MD & Director	no data	no data	15.19% ¥ 1.0b
Masamitsu Minami	Independent Outside Director	2.9yrs	no data	0.031% ¥ 2.1m
Junji Mimura	Independent Outside Director	2.9yrs	no data	0.050% ¥ 3.4m
Kiyoharu Kageta	Independent Outside Director	2.9yrs	no data	0.025% ¥ 1.7m
Hirokazu Ohshima	Director	1.2yrs	no data	no data

2.9yrs

Average Tenure

70.5yo

Average Age

Experienced Board: 4929's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Adjuvant HoldingsLtd Management

Management criteria checks 1/4

Key information

Recent management updates

Adjuvant Holdings Co.,Ltd., Annual General Meeting, Jun 13, 2024

Less than half of directors are independent

Less than half of directors are independent

Adjuvant Holdings Co.,Ltd., Annual General Meeting, Jun 16, 2022

Recent updates

Adjuvant Holdings Co.,Ltd., Annual General Meeting, Jun 13, 2024

Full year 2024 earnings released: JP¥12.38 loss per share (vs JP¥50.38 profit in FY 2023)

Upcoming dividend of JP¥24.00 per share

Adjuvant Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2024

Third quarter 2024 earnings released: EPS: JP¥15.50 (vs JP¥15.88 in 3Q 2023)

Adjuvant Holdings Co.,Ltd. to Report Q3, 2024 Results on Jan 19, 2024

Second quarter 2024 earnings released: JP¥12.13 loss per share (vs JP¥1.13 profit in 2Q 2023)

New major risk - Dividend sustainability

New minor risk - Profit margin trend

First quarter 2024 earnings released: JP¥5.39 loss per share (vs JP¥24.74 profit in 1Q 2023)

Full year 2023 earnings released: EPS: JP¥50.38 (vs JP¥49.11 in FY 2022)

Adjuvant Holdings Co.,Ltd. to Report Q2, 2024 Results on Oct 20, 2023

Full year 2023 earnings released: EPS: JP¥50.38 (vs JP¥49.11 in FY 2022)

Upcoming dividend of JP¥24.00 per share at 2.3% yield

Third quarter 2023 earnings released: EPS: JP¥15.88 (vs JP¥19.89 in 3Q 2022)

Adjuvant Holdings Co.,Ltd. to Report Q3, 2023 Results on Jan 20, 2023

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥1.13 (vs JP¥10.76 in 2Q 2022)

Adjuvant Holdings Co.,Ltd. to Report Q2, 2023 Results on Oct 21, 2022

First quarter 2023 earnings released: EPS: JP¥24.74 (vs JP¥10.76 in 1Q 2022)

Full year 2022 earnings released: EPS: JP¥49.11 (vs JP¥17.78 in FY 2021)

Adjuvant Holdings Co.,Ltd. to Report Q1, 2023 Results on Jul 22, 2022

Less than half of directors are independent

Adjuvant Holdings Co.,Ltd. (TSE:4929) announces an Equity Buyback for 50,000 shares, representing 0.62% for ¥52.5 million.

Adjuvant Holdings Co.,Ltd., Annual General Meeting, Jun 16, 2022

Upcoming dividend of JP¥24.00 per share

Adjuvant Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 22, 2022

Now 20% undervalued after recent price drop

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS JP¥10.76 (vs JP¥11.14 loss in 2Q 2021)

First quarter 2022 earnings released: EPS JP¥10.76 (vs JP¥0.63 loss in 1Q 2021)

Full year 2021 earnings released: EPS JP¥17.78 (vs JP¥28.51 loss in FY 2020)

Full year 2021 earnings released: EPS JP¥21.79 (vs JP¥28.51 loss in FY 2020)

Upcoming Dividend of JP¥24.00 Per Share

New 90-day high: JP¥1,099

An undisclosed buyer entered into a share transfer agreement to acquire 90% stake in EXCEED system. Co., Ltd., from Adjuvant Cosme Japan Co.,Ltd. (TSE:4929).

New 90-day high: JP¥1,072

Third quarter 2021 earnings released: EPS JP¥24.78

New 90-day high: JP¥1,043

Adjuvant Cosme Japan Co.,Ltd. to Report Q3, 2021 Results on Jan 22, 2021

Adjuvant Cosme Japan Co.,Ltd. to Report Q2, 2021 Results on Oct 23, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age