KLab Management

Management criteria checks 2/4

KLab's CEO is Hidekatsu Morita, appointed in Mar 2019, has a tenure of 5.67 years. directly owns 0.74% of the company’s shares, worth ¥65.66M. The average tenure of the management team and the board of directors is 8.9 years and 10.7 years respectively.

Key information

Hidekatsu Morita

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.7yrs
CEO ownership	0.7%
Management average tenure	8.9yrs
Board average tenure	10.7yrs

Recent management updates

Recent updates

CEO

Hidekatsu Morita (50 yo)

5.7yrs

Tenure

Mr. Hidekatsu Morita served as a Representative Director, President and CEO of KLab Inc. since March 2019. He had been the Chief Governance Officer of KLab Inc. since September 2012 till March 2019. Mr. Mo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hidekatsu Morita	Representative Director	5.7yrs	no data	0.74% ¥ 65.7m
Yosuke Igarashi	COO, Executive VP & Vice Chairman	19.4yrs	no data	0.42% ¥ 37.4m
Kazuyuki Takata	CFO, Senior MD	12.6yrs	no data	0.24% ¥ 21.3m
Yoshio Hanawa	Professional Executive Officer & CTO	no data	no data	no data
Shun Fujiyoshi	Executive Officer & Chief Gaming Architect	no data	no data	no data
Toshiyuki Yanagawa	Executive Officer	no data	no data	no data
Makoto Hatayama	Executive Officer	2.8yrs	no data	no data
Hiroyuki Sakurada	Executive Officer	no data	no data	no data

8.9yrs

Average Tenure

48yo

Average Age

Experienced Management: 3656's management team is seasoned and experienced (8.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hidekatsu Morita	Representative Director	14yrs	no data	0.74% ¥ 65.7m
Yosuke Igarashi	COO, Executive VP & Vice Chairman	19.4yrs	no data	0.42% ¥ 37.4m
Kazuyuki Takata	CFO, Senior MD	10.7yrs	no data	0.24% ¥ 21.3m
Tetsuya Sanada	Chairman	24.3yrs	no data	4.6% ¥ 405.8m
Kosuke Matsumoto	Independent Outside Director	no data	no data	0.0057% ¥ 502.5k
Hitomi Yamaguchi	Substitute Director	2.7yrs	no data	0.011% ¥ 930.1k
Yoshiki Nakane	Director	5.7yrs	no data	0.19% ¥ 16.5m
Shoji Inoue	Independent Outside Director	8.7yrs	no data	0.032% ¥ 2.8m
Tomosada Yoshikawa	Independent Outside Director	no data	no data	no data

10.7yrs

Average Tenure

53yo

Average Age

Experienced Board: 3656's board of directors are seasoned and experienced ( 10.7 years average tenure).

KLab Management

Management criteria checks 2/4

Key information

Recent management updates

KLab Inc., Annual General Meeting, Mar 28, 2024

KLab Inc., Annual General Meeting, Mar 24, 2023

Less than half of directors are independent

Less than half of directors are independent

KLab Inc., Annual General Meeting, Mar 26, 2021

Recent updates

Third quarter 2024 earnings released: JP¥8.93 loss per share (vs JP¥4.94 loss in 3Q 2023)

KLab Inc. Launches Worldwide on September 24, 2024 as the First Puzzle Game Based on the Beach TV Animation Series

Second quarter 2024 earnings released: JP¥5.80 loss per share (vs JP¥0.64 loss in 2Q 2023)

Unpleasant Surprises Could Be In Store For KLab Inc.'s (TSE:3656) Shares

KLab Inc. Launches BLEACH Soul Puzzle Worldwide in 2024

KLab Inc. to Report Q3, 2024 Results on Nov 07, 2024

New minor risk - Shareholder dilution

First quarter 2024 earnings released: JP¥27.10 loss per share (vs JP¥9.02 loss in 1Q 2023)

KLab Inc. announced that it has received ¥41.41 million in funding from Macquarie Group Limited

KLab Inc.'s (TSE:3656) 26% Share Price Plunge Could Signal Some Risk

Is KLab (TSE:3656) Using Too Much Debt?

KLab Inc. to Report Q1, 2024 Results on May 09, 2024

Full year 2023 earnings released: JP¥42.72 loss per share (vs JP¥13.95 loss in FY 2022)

KLab Inc., Annual General Meeting, Mar 28, 2024

KLab Inc. to Report Fiscal Year 2023 Results on Feb 08, 2024

Klab Inc. Announces Dividends from Surplus from Globalgear Co. Ltd

Third quarter 2023 earnings released: JP¥4.94 loss per share (vs JP¥0.90 profit in 3Q 2022)

Second quarter 2023 earnings released: JP¥0.64 loss per share (vs JP¥4.34 loss in 2Q 2022)

First quarter 2023 earnings released: JP¥9.02 loss per share (vs JP¥4.66 loss in 1Q 2022)

Full year 2022 earnings released: JP¥13.95 loss per share (vs JP¥90.38 loss in FY 2021)

Full year 2022 earnings released: JP¥13.97 loss per share (vs JP¥90.38 loss in FY 2021)

KLab Inc., Annual General Meeting, Mar 24, 2023

KLab Inc. to Report Fiscal Year 2022 Results on Feb 09, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: JP¥0.90 (vs JP¥1.62 loss in 3Q 2021)

Second quarter 2022 earnings released: JP¥4.34 loss per share (vs JP¥8.36 loss in 2Q 2021)

KLab Inc. Announces its 3D Action Game Bleach: Brave Souls Receives Massive Update to Official English Website on June 23, 2022

First quarter 2022 earnings: EPS misses analyst expectations

Price target decreased to JP¥535

Less than half of directors are independent

Full year 2021 earnings: EPS exceeds analyst expectations

KLab Inc. Revises Consolidated Earnings Guidance for the Full Fiscal Year Ending December 31, 2021

Third quarter 2021 earnings released: JP¥1.62 loss per share (vs JP¥21.92 profit in 3Q 2020)

Klab Inc Announces "Captain Tsubasa: Dream Team" New Story Next Dream Debuts In-Game on , September 24

Second quarter 2021 earnings released: JP¥22.14 loss per share (vs JP¥3.93 profit in 2Q 2020)

First quarter 2021 earnings released: JP¥35.93 loss per share (vs JP¥3.52 loss in 1Q 2020)

Investor sentiment deteriorated over the past week

Analysts lower EPS estimates to JP¥38.40

KLab Inc. Announces New School Life Cappella Project aoppella!? Featuring 11 Famous Japanese Voice Actors

New 90-day low: JP¥849

Full year 2020 earnings released: EPS JP¥20.07 (vs JP¥10.17 in FY 2019)

Revenue and earnings miss expectations

KLab Inc., Annual General Meeting, Mar 26, 2021

KLab Inc. Partners with Aiming Inc. for Game Development

KLab Inc. to Develop New Game Based on TV Anime "Is It Wrong to Try to Pick Up Girls in a Dungeon?" for Worldwide Distribution

KLab Inc. to Report Q3, 2021 Results on Nov 09, 2021

Price target raised to JP¥1,300

New 90-day high: JP¥1,041

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age