Hokuetsu Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sekio Kishimoto

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	16yrs
CEO ownership	0.2%
Management average tenure	4.3yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Sekio Kishimoto (77 yo)

16yrs

Tenure

Mr. Sekio Kishimoto has been the President of Hokuetsu Kishu Paper Co., Ltd. (Hokuetsu Corporation) since April 1, 2008 and serves as its Chief Executive Officer. Mr. Kishimoto served as Vice President of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sekio Kishimoto	CEO, President & Representative Director	16yrs	no data	0.16% ¥ 360.4m
Makoto Yanagisawa	CFO, CRO	1.3yrs	no data	0.0095% ¥ 21.3m
Shigeharu Tachibana	Senior MD	no data	no data	0.034% ¥ 77.1m
Shigeru Wakamoto	Sr. MD, COO of Prod. Tech. Div.	no data	no data	0.029% ¥ 63.8m
Maou Sugimoto	Corporate Officer and COO of Safety	5.3yrs	no data	no data
Kunihiko Kashima	Corporate Officer & COO of Group Business Investment Division	no data	no data	no data
Satoshi Miyake	Corporate Officer	4.3yrs	no data	no data
Tomoyuki Iida	COO of Resources & Raw Material Div.	4.3yrs	no data	0.0060% ¥ 13.3m
Satoshi Okamoto	Corporate Officer	4.3yrs	no data	no data
Yutaka Ishizuka	Niigata Mill Manager & Director	no data	no data	0.0077% ¥ 17.3m
Koji Goto	Corporate Officer & GM of Containerboard Sales Department	3yrs	no data	no data
Kunihiro Ando	Corporate Officer	no data	no data	no data

4.3yrs

Average Tenure

Experienced Management: 3865's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sekio Kishimoto	CEO, President & Representative Director	no data	no data	0.16% ¥ 360.4m
Makoto Yanagisawa	CFO, CRO	1.3yrs	no data	0.0095% ¥ 21.3m
Shigeharu Tachibana	Senior MD	6.8yrs	no data	0.034% ¥ 77.1m
Shigeru Wakamoto	Sr. MD, COO of Prod. Tech. Div.	5.3yrs	no data	0.029% ¥ 63.8m
Tomoyuki Iida	COO of Resources & Raw Material Div.	1.3yrs	no data	0.0060% ¥ 13.3m
Yutaka Ishizuka	Niigata Mill Manager & Director	1.3yrs	no data	0.0077% ¥ 17.3m
Mitsuyasu Iwata	Independent Outside Director	no data	no data	no data
Kazuo Nakase	Independent Outside Director	no data	no data	no data
Jun Itoigawa	Outside Audit & Supervisory Board Member	12.3yrs	no data	no data
Keiji Watanabe	Outside Audit & Supervisory Board Member	6.8yrs	no data	no data
Hiroko Nihei	Independent Outside Director	1.8yrs	no data	no data
Hiromitsu Kuramoto	Independent Outside Director	3.3yrs	no data	0.0012% ¥ 2.7m

3.3yrs

Average Tenure

Experienced Board: 3865's board of directors are considered experienced (3.3 years average tenure).

Hokuetsu Management

Management criteria checks 2/4

Key information

Recent management updates

Hokuetsu Corporation, Annual General Meeting, Jun 29, 2023

Less than half of directors are independent

Hokuetsu Corporation, Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 19%

Is Hokuetsu (TSE:3865) Using Too Much Debt?

Hokuetsu Corporation to Report Fiscal Year 2024 Results on May 15, 2024

Investor sentiment improves as stock rises 20%

Upcoming dividend of JP¥9.00 per share

Shareholders Should Be Pleased With Hokuetsu Corporation's (TSE:3865) Price

Investor sentiment improves as stock rises 23%

Investors Will Want Hokuetsu's (TSE:3865) Growth In ROCE To Persist

Third quarter 2024 earnings released: JP¥12.59 loss per share (vs JP¥11.69 profit in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

Hokuetsu Corporation to Report Q3, 2024 Results on Feb 13, 2024

Second quarter 2024 earnings released: EPS: JP¥18.32 (vs JP¥10.30 loss in 2Q 2023)

Hokuetsu Corporation to Report Q2, 2024 Results on Nov 10, 2023

Upcoming dividend of JP¥9.00 per share at 1.7% yield

First quarter 2024 earnings released: EPS: JP¥37.62 (vs JP¥21.96 in 1Q 2023)

Price target increased by 14% to JP¥810

Hokuetsu Corporation to Report Q1, 2024 Results on Aug 10, 2023

Oasis Management Issues Statement in Response to the Hokuetsu Board of Directors

Oasis Management Urges Hokuetsu Shareholders to Vote Against CEO Re-Election

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Hokuetsu Corporation, Annual General Meeting, Jun 29, 2023

Upcoming dividend of JP¥9.00 per share at 2.1% yield

Consensus EPS estimates fall by 56%

Hokuetsu Corporation to Report Q3, 2023 Results on Feb 14, 2023

Second quarter 2023 earnings released: JP¥10.30 loss per share (vs JP¥51.30 profit in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: JP¥10.30 loss per share (vs JP¥51.30 profit in 2Q 2022)

Hokuetsu Corporation to Report Q2, 2023 Results on Nov 11, 2022

Upcoming dividend of JP¥9.00 per share

First quarter 2023 earnings released: EPS: JP¥21.96 (vs JP¥44.65 in 1Q 2022)

Now 21% undervalued after recent price drop

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Hokuetsu Corporation, Annual General Meeting, Jun 29, 2022

Price target increased to JP¥755

Less than half of directors are independent

Hokuetsu Corporation to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥17.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings released: EPS JP¥51.30 (vs JP¥3.76 loss in 2Q 2021)

Price target increased to JP¥625

Upcoming dividend of JP¥7.00 per share

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS JP¥44.65 (vs JP¥14.83 in 1Q 2021)

Consensus EPS estimates fall to JP¥67.30

Price target increased to JP¥520

Consensus revenue estimates increase to JP¥251.8b

Full year 2021 earnings released: EPS JP¥84.40 (vs JP¥43.45 in FY 2020)

Upcoming dividend of JP¥7.00 per share

Hokuetsu Corporation to Report Fiscal Year 2021 Results on May 14, 2021

New 90-day high: JP¥527

Revenue beats expectations

Third quarter 2021 earnings released: EPS JP¥32.89 (vs JP¥20.41 loss in 3Q 2020)

Price target raised to JP¥437

New 90-day high: JP¥440

New 90-day high: JP¥421

New 90-day high: JP¥387

Hokuetsu Corporation to Report Q3, 2021 Results on Feb 10, 2021

Hokuetsu Corporation to Report Q2, 2021 Results on Nov 13, 2020

Hokuetsu Corporation to Report Q1, 2021 Results on Aug 07, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure