Raysum Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tsuyoshi Komachi

Chief executive officer

JP¥158.0m

Total compensation

CEO salary percentage	43.0%
CEO tenure	7.6yrs
CEO ownership	n/a
Management average tenure	5.5yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

If You Had Bought Raysum's (TYO:8890) Shares Three Years Ago You Would Be Down 41%

Jan 08

Three Things You Should Check Before Buying Raysum Co., Ltd. (TYO:8890) For Its Dividend

Dec 18

We're Not So Sure You Should Rely on Raysum's (TYO:8890) Statutory Earnings

Nov 25

CEO Compensation Analysis

How has Tsuyoshi Komachi's remuneration changed compared to Raysum's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥9b
Jun 30 2024	n/a	n/a	JP¥10b
Mar 31 2024	JP¥158m	JP¥68m	JP¥12b

Compensation vs Market: Tsuyoshi's total compensation ($USD1.03M) is about average for companies of similar size in the JP market ($USD913.82K).

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

CEO

Tsuyoshi Komachi (52 yo)

7.6yrs

Tenure

JP¥158,000,000

Compensation

Mr. Tsuyoshi Komachi is CEO and President of Raysum Co., Ltd. since April 2017 and has been its Director since June 2018. He joined the Raysum Co., Ltd.in March 2005.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tsuyoshi Komachi	CEO, President & Director	7.6yrs	JP¥158.00m	no data
Tatsuya Iizuka	Executive VP & Director	17yrs	JP¥207.00m	0% ¥ 0
Kiyoshi Isogai	Senior MD	7.5yrs	JP¥139.00m	0% ¥ 0
Taro Someya	MD, Director & GM of Real Estate Headquarters	3.4yrs	JP¥116.00m	0% ¥ 0
Daisuke Inoue	GM of Real Estate Department	1.4yrs	no data	0% ¥ 0
Nobuyuki Ozawa	GM of Legal Department and Legal Structuring Office & Director	1.4yrs	no data	0% ¥ 0
Kazuhisa Horie	Deputy GM of Real Estate Headquarters & Director	no data	no data	0% ¥ 0

5.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 8890's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tsuyoshi Komachi	CEO, President & Director	6.4yrs	JP¥158.00m	no data
Tatsuya Iizuka	Executive VP & Director	7.5yrs	JP¥207.00m	0% ¥ 0
Kiyoshi Isogai	Senior MD	10.4yrs	JP¥139.00m	0% ¥ 0
Taro Someya	MD, Director & GM of Real Estate Headquarters	3.4yrs	JP¥116.00m	0% ¥ 0
Daisuke Inoue	GM of Real Estate Department	1.4yrs	no data	0% ¥ 0
Nobuyuki Ozawa	GM of Legal Department and Legal Structuring Office & Director	1.4yrs	no data	0% ¥ 0
Kazuhisa Horie	Deputy GM of Real Estate Headquarters & Director	1.4yrs	no data	0% ¥ 0
Takashi Fukai	Independent Outside Director	6.4yrs	no data	0% ¥ 0
Shinichi Nakase	Independent Outside Director	2.4yrs	no data	0% ¥ 0
Hideaki Okada	Director	10.4yrs	no data	0% ¥ 0
Harumi Kobe	Independent Outside Director	1.4yrs	no data	no data
Yuji Shinohara	Director	1.8yrs	no data	no data

2.9yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 8890's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Raysum Management

Management criteria checks 2/4

Key information

Recent management updates

Raysum Co., Ltd., Annual General Meeting, Jun 25, 2024

Raysum Co., Ltd., Annual General Meeting, Jun 23, 2023

Less than half of directors are independent

Raysum Co., Ltd., Annual General Meeting, Jun 23, 2022

No independent directors

Recent updates

New minor risk - Shareholder dilution

Raysum's (TSE:8890) Soft Earnings Are Actually Better Than They Appear

New major risk - Earnings quality

Second quarter 2025 earnings released: EPS: JP¥84.89 (vs JP¥131 in 2Q 2024)

Hulic Co., Ltd. (TSE:3003) completed the acquisition of 29.13491% stake in Raysum Co., Ltd. (TSE:8890) for ¥49.5 billion.

New minor risk - Share price stability

Investor sentiment improves as stock rises 22%

Raysum Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024

First quarter 2025 earnings released: EPS: JP¥30.83 (vs JP¥86.26 in 1Q 2024)

Investor sentiment deteriorates as stock falls 23%

Now 21% overvalued

Now 19% overvalued

Now 20% overvalued

Raysum Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024

Now 20% overvalued

Now 21% undervalued

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Raysum Co., Ltd., Annual General Meeting, Jun 25, 2024

Upcoming dividend of JP¥175 per share

Raysum Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024

New major risk - Financial position

Raysum Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024

Second quarter 2024 earnings released: EPS: JP¥131 (vs JP¥56.82 in 2Q 2023)

Raysum Co., Ltd. (TSE:8890) announces an Equity Buyback for 2,841,700 shares, representing 9.94% for ¥8,982.61 million.

Raysum Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023

New major risk - Earnings quality

New major risk - Financial position

First quarter 2024 earnings released: EPS: JP¥86.26 (vs JP¥13.82 in 1Q 2023)

Raysum Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023

Investor sentiment improves as stock rises 91%

Raysum Co., Ltd., Annual General Meeting, Jun 23, 2023

Full year 2023 earnings released: EPS: JP¥270 (vs JP¥181 in FY 2022)

Investor sentiment improves as stock rises 16%

Upcoming dividend of JP¥50.00 per share at 3.3% yield

Third quarter 2023 earnings released: JP¥12.63 loss per share (vs JP¥93.73 profit in 3Q 2022)

Raysum Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥56.82 (vs JP¥45.83 in 2Q 2022)

Raysum Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022

Rays Company (HongKong) Limited entered into an tender agreement to acquire 64.21% stake in Raysum Co., Ltd. (TSE:8890)

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: JP¥13.82 (vs JP¥2.21 loss in 1Q 2022)

Raysum Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022

Raysum Co., Ltd. (TSE:8890) announces an Equity Buyback for 8,000,000 shares, representing 21.86% for ¥7,824 million.

Full year 2022 earnings released: EPS: JP¥181 (vs JP¥18.10 in FY 2021)

Raysum Co., Ltd., Annual General Meeting, Jun 23, 2022

No independent directors

Raysum Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥35.00 per share

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

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS JP¥45.83 (vs JP¥1.12 in 2Q 2021)

First quarter 2022 earnings released: JP¥2.21 loss per share (vs JP¥9.19 loss in 1Q 2021)

Full year 2021 earnings released: EPS JP¥18.10 (vs JP¥208 in FY 2020)

Full year 2021 earnings released: EPS JP¥18.10 (vs JP¥208 in FY 2020)

Is Raysum Co., Ltd. (TYO:8890) A Good Fit For Your Dividend Portfolio?

Raysum Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021

New 90-day high: JP¥988

Raysum (TYO:8890) Takes On Some Risk With Its Use Of Debt

Third quarter 2021 earnings released: EPS JP¥23.54 (vs JP¥5.74 loss in 3Q 2020)

How Much Of Raysum Co., Ltd. (TYO:8890) Do Insiders Own?

New 90-day low: JP¥899

If You Had Bought Raysum's (TYO:8890) Shares Three Years Ago You Would Be Down 41%

Raysum Co., Ltd. to Report Q4, 2021 Results on Feb 12, 2021

New 90-day low: JP¥928

Three Things You Should Check Before Buying Raysum Co., Ltd. (TYO:8890) For Its Dividend

We're Not So Sure You Should Rely on Raysum's (TYO:8890) Statutory Earnings

New 90-day high: JP¥1,036

Second quarter 2021 earnings released: EPS JP¥1.12

New 90-day high: JP¥979