CMIC HOLDINGS Management

Management criteria checks 3/4

CMIC HOLDINGS' CEO is Kazuo Nakamura, appointed in Oct 2003, has a tenure of 20.5 years. total yearly compensation is ¥100.00M, comprised of 70% salary and 30% bonuses, including company stock and options. directly owns 62.06% of the company’s shares, worth ¥27.73B. The average tenure of the management team and the board of directors is 4.1 years and 5.3 years respectively.

Key information

Kazuo Nakamura

Chief executive officer

JP¥100.0m

Total compensation

CEO salary percentage	70.0%
CEO tenure	20.5yrs
CEO ownership	62.1%
Management average tenure	4.1yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kazuo Nakamura's remuneration changed compared to CMIC HOLDINGS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥5b
Sep 30 2023	JP¥100m	JP¥70m	JP¥7b

Compensation vs Market: Kazuo's total compensation ($USD660.60K) is about average for companies of similar size in the JP market ($USD852.30K).

Compensation vs Earnings: Insufficient data to compare Kazuo's compensation with company performance.

CEO

Kazuo Nakamura (77 yo)

20.5yrs

Tenure

JP¥100,000,000

Compensation

Dr. Kazuo Nakamura, Ph.D. has been the Chairman and Chief Executive Officer of CMIC HOLDINGS Co. Ltd. since October 2003 and Division Director of Drug Discovery Support Business since October 2023 and had...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kazuo Nakamura	Founder	20.5yrs	JP¥100.00m	62.06% ¥ 27.7b
Yoichi Kuwajima	Vice Chairman & Senior Advisor	5yrs	no data	no data
Keiko Oishi	President	6yrs	no data	0% ¥ 0
Wataru Mochizuki	CFO & Corporate Director	6.3yrs	no data	0% ¥ 0
Teruo Saito	C.L.C.O.	3.3yrs	no data	no data
Makoto Matsukawa	VP, Head of Corporate Development	1.4yrs	no data	0% ¥ 0
Kei Kuchimura	Chief Human Resources Officer & Group Strategic Human Resources Lead	less than a year	no data	no data
Takashi Sano	Senior Advisor & Academy Head	15.3yrs	no data	no data
Mike Suga	Senior Vice President	no data	no data	no data
Kei Kasai	Co-Chief Executive Officer of CMIC Solutions Co.	1.4yrs	no data	no data
Akihisa Mitake	Corporate Director	no data	no data	0% ¥ 0
Gakuho Fukushi	Chief Creative Officer’s Laboratory	1.4yrs	no data	no data

4.1yrs

Average Tenure

66yo

Average Age

Experienced Management: 2309's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kazuo Nakamura	Founder	32.1yrs	JP¥100.00m	62.06% ¥ 27.7b
Yoichi Kuwajima	Vice Chairman & Senior Advisor	5yrs	no data	no data
Keiko Oishi	President	no data	no data	0% ¥ 0
Wataru Mochizuki	CFO & Corporate Director	6.3yrs	no data	0% ¥ 0
Makoto Matsukawa	VP, Head of Corporate Development	6.3yrs	no data	0% ¥ 0
Akihisa Mitake	Corporate Director	1.3yrs	no data	0% ¥ 0
Masaru Ota	External Corporate Director	1.3yrs	no data	no data
Kei Hata	External Audit & Supervisory Board Member	8.3yrs	no data	no data
Masaru Iwasaki	Independent External Corporate Director	no data	no data	no data
Takeshi Karasawa	Independent External Corporate Director	5.3yrs	no data	no data
Hidetoshi Watanabe	External Audit & Supervisory Board Member	5.3yrs	no data	no data
Gregg Lindstrom Mayer	Independent External Corporate Director	2.3yrs	no data	no data

5.3yrs

Average Tenure

66yo

Average Age

Experienced Board: 2309's board of directors are considered experienced (5.3 years average tenure).

CMIC HOLDINGS Management

Management criteria checks 3/4

Key information

Recent management updates

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 15, 2023

Less than half of directors are independent

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 15, 2022

Less than half of directors are independent

Yoshiyuki Hano, Corporate Director and Shinji Kobayashi, External Corporate Director of CMIC HOLDINGS Co., Ltd. to Retire as Directors

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 16, 2020

Recent updates

CMIC HOLDINGS Co., Ltd. Ordinary Shares to be Deleted from OTC Equity

CMIC HOLDINGS Co., Ltd. to Delist from Prime Section of Tokyo Stock Exchange, Effective March 28, 2024

First quarter 2024 earnings released: EPS: JP¥7.40 (vs JP¥112 in 1Q 2023)

CMIC HOLDINGS Co., Ltd. to Report Q1, 2024 Results on Jan 31, 2024

CMIC HOLDINGS Co., Ltd. Announces Dividend for the Year Ended September 30, 2023, Payable on December 1,2023

New minor risk - Share price stability

Full year 2023 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 23%

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 15, 2023

CMIC HOLDINGS Co., Ltd. (TSE:2309) signed a contract to acquire Hamamatsu Pharma Research Inc. from Hiroyuki Takamatsu.

Upcoming dividend of JP¥45.00 per share at 2.8% yield

Third quarter 2023 earnings released: EPS: JP¥63.81 (vs JP¥137 in 3Q 2022)

CMIC HOLDINGS Co., Ltd. to Report Q3, 2023 Results on Jul 31, 2023

Second quarter 2023 earnings released: EPS: JP¥266 (vs JP¥77.48 in 2Q 2022)

Upcoming dividend of JP¥5.00 per share at 2.0% yield

First quarter 2023 earnings released: EPS: JP¥112 (vs JP¥116 in 1Q 2022)

CMIC HOLDINGS Co., Ltd. to Report Q1, 2023 Results on Jan 31, 2023

Less than half of directors are independent

Price target increased to JP¥2,600

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 15, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

CMIC HOLDINGS Co., Ltd. (TSE:2309) announces an Equity Buyback for 730,000 shares, representing 4.13% for ¥1,200 million.

CMIC HOLDINGS Co., Ltd. Provides Special Dividend Guidance for the Year End of September 2022

CMIC HOLDINGS Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ended September 30, 2022

Upcoming dividend of JP¥29.00 per share

CMIC HOLDINGS Co., Ltd. to Report Fiscal Year 2022 Results on Nov 08, 2022

Consensus EPS estimates increase by 17%

Third quarter 2022 earnings released: EPS: JP¥137 (vs JP¥39.86 in 3Q 2021)

CMIC HOLDINGS Co., Ltd. Provides Dividend Guidance for the Financial Year Ending September 30, 2022

CMIC HOLDINGS Co., Ltd. to Report Q3, 2022 Results on Jul 29, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to JP¥2,100

Less than half of directors are independent

Now 20% undervalued

CMIC HOLDINGS Co., Ltd. to Report Q2, 2022 Results on Apr 28, 2022

Upcoming dividend of JP¥5.00 per share

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus revenue estimates increase by 10%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

CMIC HOLDINGS Co., Ltd. (TSE:2309) announces an Equity Buyback for 670,000 shares, representing 3.7% for ¥1,000 million.

Price target increased to JP¥2,400

Full year 2021 earnings released: EPS JP¥112 (vs JP¥83.22 in FY 2020)

Upcoming dividend of JP¥22.00 per share

Third quarter 2021 earnings released: EPS JP¥39.85 (vs JP¥49.42 in 3Q 2020)

Second quarter 2021 earnings released: EPS JP¥36.54 (vs JP¥55.19 in 2Q 2020)

Upcoming dividend of JP¥5.00 per share

CMIC HOLDINGS Co., Ltd. to Report Q2, 2021 Results on Apr 28, 2021

First quarter 2021 earnings released: EPS JP¥31.01 (vs JP¥26.62 in 1Q 2020)

New 90-day high: JP¥1,597

New 90-day high: JP¥1,443

CMIC HOLDINGS Co., Ltd. to Report Q1, 2021 Results on Feb 01, 2021

Yoshiyuki Hano, Corporate Director and Shinji Kobayashi, External Corporate Director of CMIC HOLDINGS Co., Ltd. to Retire as Directors

CMIC HOLDINGS Co., Ltd., Annual General Meeting, Dec 16, 2020

CMIC HOLDINGS Co., Ltd. to Report Fiscal Year 2020 Results on Nov 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age