Starts Management

Management criteria checks 2/4

Starts' CEO is Kazuo Isozaki, appointed in Apr 2016, has a tenure of 8.08 years. directly owns 0.042% of the company’s shares, worth ¥73.92M. The average tenure of the management team and the board of directors is 8.6 years and 12.4 years respectively.

Key information

Kazuo Isozaki

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.1yrs
CEO ownership	0.04%
Management average tenure	8.6yrs
Board average tenure	12.4yrs

Recent management updates

Recent updates

Is Starts (TSE:8850) Using Too Much Debt?

Mar 18

CEO

Kazuo Isozaki (60 yo)

8.1yrs

Tenure

Mr. Kazuo Isozaki has been the President of Starts Corporation Inc. since April 7, 2016. Mr. Isozaki served as Senior Managing Director of Starts Corporation Inc. since April 2015 until April 7, 2016. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hisaji Muraishi	Executive Chairman	51.7yrs	no data	8.95% ¥ 15.6b
Kazuo Isozaki	President & Representative Director	8.1yrs	no data	0.042% ¥ 73.9m
Hisayuki Muramatsu	Accountant & Director	no data	no data	0.020% ¥ 35.2m
Takahiro Hasegawa	Head of General Affairs & Public Relations and Director	no data	no data	0.036% ¥ 63.4m
Tamotsu Naoi	MD, Head of Risk Management & Director	no data	no data	0.066% ¥ 116.2m
Hideyuki Naoi	Senior MD & Director	9.1yrs	no data	0.093% ¥ 161.9m
Manabu Nakamatsu	MD & Director	9.1yrs	no data	0.081% ¥ 140.8m
Toyotaka Muraishi	Executive VP & Representative Director	no data	no data	0.31% ¥ 542.1m
Tarouo Saitou	Senior MD & Director	8.1yrs	no data	0.087% ¥ 151.4m

8.6yrs

Average Tenure

60yo

Average Age

Experienced Management: 8850's management team is seasoned and experienced (8.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hisaji Muraishi	Executive Chairman	51.7yrs	no data	8.95% ¥ 15.6b
Kazuo Isozaki	President & Representative Director	17.9yrs	no data	0.042% ¥ 73.9m
Hisayuki Muramatsu	Accountant & Director	4.5yrs	no data	0.020% ¥ 35.2m
Takahiro Hasegawa	Head of General Affairs & Public Relations and Director	9.9yrs	no data	0.036% ¥ 63.4m
Tamotsu Naoi	MD, Head of Risk Management & Director	19.9yrs	no data	0.066% ¥ 116.2m
Hideyuki Naoi	Senior MD & Director	21.9yrs	no data	0.093% ¥ 161.9m
Manabu Nakamatsu	MD & Director	13.9yrs	no data	0.081% ¥ 140.8m
Toyotaka Muraishi	Executive VP & Representative Director	10.9yrs	no data	0.31% ¥ 542.1m
Tarouo Saitou	Senior MD & Director	10.9yrs	no data	0.087% ¥ 151.4m
Yoshio Yamamoto	Independent Outside Director	1.9yrs	no data	no data
Yutaka Maebara	External Auditor	17.9yrs	no data	no data
Naoko Takahashi	Independent Outside Director	1.9yrs	no data	no data

12.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 8850's board of directors are seasoned and experienced ( 12.4 years average tenure).

Starts Management

Management criteria checks 2/4

Key information

Recent management updates

Starts Corporation Inc., Annual General Meeting, Jun 29, 2023

No independent directors

Starts Corporation Inc., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Starts Corporation Inc. to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥55.00 per share

Is Starts (TSE:8850) Using Too Much Debt?

Third quarter 2024 earnings released: EPS: JP¥102 (vs JP¥97.87 in 3Q 2023)

Starts Corporation Inc. to Report Q3, 2024 Results on Feb 08, 2024

Second quarter 2024 earnings released: EPS: JP¥93.78 (vs JP¥100 in 2Q 2023)

Starts Corporation Inc. to Report Q2, 2024 Results on Nov 09, 2023

Upcoming dividend of JP¥50.00 per share at 3.4% yield

First quarter 2024 earnings released: EPS: JP¥97.83 (vs JP¥92.69 in 1Q 2023)

Starts Corporation Inc. to Report Q1, 2024 Results on Aug 09, 2023

Now 21% undervalued

Price target increased by 19% to JP¥3,800

Full year 2023 earnings released: EPS: JP¥407 (vs JP¥333 in FY 2022)

Starts Corporation Inc., Annual General Meeting, Jun 29, 2023

Upcoming dividend of JP¥43.00 per share at 3.5% yield

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: JP¥97.86 (vs JP¥84.20 in 3Q 2022)

Starts Corporation Inc. to Report Q3, 2023 Results on Feb 07, 2023

No independent directors

Second quarter 2023 earnings released: EPS: JP¥100 (vs JP¥72.78 in 2Q 2022)

Price target increased to JP¥3,800

Upcoming dividend of JP¥40.00 per share

Starts Corporation Inc. to Report Q2, 2023 Results on Nov 07, 2022

First quarter 2023 earnings released: EPS: JP¥92.69 (vs JP¥67.31 in 1Q 2022)

Starts Corporation Inc. to Report Q1, 2023 Results on Aug 08, 2022

Starts Corporation Inc., Annual General Meeting, Jun 29, 2022

Full year 2022 earnings: EPS exceeds analyst expectations

Price target increased to JP¥3,200

Less than half of directors are independent

Starts Corporation Inc. to Report Fiscal Year 2022 Results on May 10, 2022

Upcoming dividend of JP¥33.00 per share

Third quarter 2022 earnings: EPS exceeds analyst expectations

Second quarter 2022 earnings released: EPS JP¥72.78 (vs JP¥66.45 in 2Q 2021)

Upcoming dividend of JP¥31.00 per share

First quarter 2022 earnings released: EPS JP¥67.31 (vs JP¥59.42 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥296 (vs JP¥286 in FY 2020)

Upcoming dividend of JP¥30.00 per share

Third quarter 2021 earnings released: EPS JP¥72.85 (vs JP¥71.82 in 3Q 2020)

Revenue beats expectations, earnings disappoint

Starts Corporation Inc. to Report Q3, 2021 Results on Feb 10, 2021

Price target raised to JP¥2,870

New 90-day high: JP¥2,875

Starts Corporation Inc. to Report Q2, 2021 Results on Nov 12, 2020

Starts Corporation Inc. to Report Q1, 2021 Results on Aug 07, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age