Tosei Management

Management criteria checks 2/4

Tosei's CEO is Seiichiro Yamaguchi, appointed in Jun 1994, has a tenure of 29.92 years. directly owns 26.61% of the company’s shares, worth ¥31.22B. The average tenure of the management team and the board of directors is 5.3 years and 6.3 years respectively.

Key information

Seiichiro Yamaguchi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	29.9yrs
CEO ownership	26.6%
Management average tenure	5.3yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

Tosei (TSE:8923) Takes On Some Risk With Its Use Of Debt

Mar 19

CEO

Seiichiro Yamaguchi (62 yo)

29.9yrs

Tenure

Mr. Seiichiro Yamaguchi has been the Chief Executive Officer of Tosei Corporation since July 2004 and its President since June 1994. Mr. Yamaguchi joined Tosei Trading Co., Ltd. in April 1986.He worked at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Seiichiro Yamaguchi	President	29.9yrs	no data	26.61% ¥ 31.2b
Noboru Hirano	CFO, Sr. Executive Officer of Administrative Division & Director	18.3yrs	no data	0.11% ¥ 131.1m
Hideki Nakanishi	COO, Senior Executive Officer of Business Division & Director	3.2yrs	no data	0.069% ¥ 81.4m
Shunsuke Yamaguchi	Managing Executive Officer	1.2yrs	no data	0.033% ¥ 39.3m
Junji Murata	Chief Compliance Officer	no data	no data	no data
Nobuto Fujiwara	Executive Officer in charge of Corporate Management Department	5.3yrs	no data	no data
Hiroyasu Yoneda	Managing Executive Officer & Director	4.3yrs	no data	0.027% ¥ 31.3m
Hitoshi Oshima	Executive Officer & Director	5.3yrs	no data	0.0056% ¥ 6.5m

5.3yrs

Average Tenure

59yo

Average Age

Experienced Management: 8923's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Seiichiro Yamaguchi	President	33.8yrs	no data	26.61% ¥ 31.2b
Noboru Hirano	CFO, Sr. Executive Officer of Administrative Division & Director	21.6yrs	no data	0.11% ¥ 131.1m
Hideki Nakanishi	COO, Senior Executive Officer of Business Division & Director	6.3yrs	no data	0.069% ¥ 81.4m
Shunsuke Yamaguchi	Managing Executive Officer	4.3yrs	no data	0.033% ¥ 39.3m
Hiroyasu Yoneda	Managing Executive Officer & Director	less than a year	no data	0.027% ¥ 31.3m
Hitoshi Oshima	Executive Officer & Director	4.3yrs	no data	0.0056% ¥ 6.5m
Kenichi Shohtoku	Outside Independent Director	12.3yrs	no data	no data
Tatsuki Nagano	Outside Audit & Supervisory Board Member	12.3yrs	no data	no data
Osamu Doi	Outside Audit & Supervisory Board Member	11.3yrs	no data	no data
Mai Ishiwatari	Independent Outside Director	less than a year	no data	no data
Hiroyuki Kobayashi	Outside Independent Director	6.3yrs	no data	no data
Hitoshi Yagi	Chairman of the Outside Audit & Supervisory Board	5.3yrs	no data	no data

6.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 8923's board of directors are considered experienced (6.3 years average tenure).

Tosei Management

Management criteria checks 2/4

Key information

Recent management updates

Tosei Corporation Announces the Resignation of Directors

Tosei Corporation Announces the Resignation of Directors

Less than half of directors are independent

Tosei Corporation, Annual General Meeting, Feb 24, 2023

Less than half of directors are independent

Less than half of directors are independent

Recent updates

First quarter 2024 earnings released: EPS: JP¥133 (vs JP¥93.53 in 1Q 2023)

Tosei (TSE:8923) Takes On Some Risk With Its Use Of Debt

Tosei Corporation Announces the Resignation of Directors

Tosei Corporation Announces the Resignation of Directors

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Tosei Corporation to Report Q3, 2024 Results on Oct 07, 2024

Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Tosei Corporation (TSE:8923) from Marunouchi Capital Fund 2 managed by Marunouchi Capital Inc. and Marunouchi Global Fund II.

Tosei Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for Fiscal Year Ending November 30, 2023

Upcoming dividend of JP¥64.00 per share at 3.1% yield

Tosei Corporation Revises Non Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023

Third quarter 2023 earnings: EPS misses analyst expectations

Tosei Corporation to Report Fiscal Year 2023 Results on Jan 12, 2024

Price target increased by 22% to JP¥2,250

Less than half of directors are independent

Tosei Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023

Tosei Corporation Announces Establishment of Subsidiary and Business Succession Through Absorption-Type Company Split

First quarter 2023 earnings released: EPS: JP¥93.53 (vs JP¥76.09 in 1Q 2022)

Now 22% undervalued

Now 21% undervalued

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 22% undervalued

Tosei Corporation to Report Q2, 2023 Results on Jul 05, 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Tosei Corporation, Annual General Meeting, Feb 24, 2023

Upcoming dividend of JP¥51.00 per share

Less than half of directors are independent

Tosei Corporation Revises Consolidated and Non Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022

Tosei Corporation to Report Fiscal Year 2022 Results on Jan 12, 2023

Third quarter 2022 earnings released: EPS: JP¥22.59 (vs JP¥20.46 in 3Q 2021)

Tosei Corporation to Report Q3, 2022 Results on Oct 05, 2022

Second quarter 2022 earnings released: EPS: JP¥52.40 (vs JP¥64.74 in 2Q 2021)

Tosei Corporation (TSE:8923) announces an Equity Buyback for 600,000 shares, representing 1.27% for ¥500 million.

Tosei Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022

Less than half of directors are independent

Tosei Corp Ordinary Shares to Be Deleted from Other OTC

Tosei Corporation to Report Q2, 2022 Results on Jul 05, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Tosei Corporation Provides Year-End Dividend Guidance for the Fiscal Year Ending November 30, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Tosei Corporation to Report Q1, 2022 Results on Apr 05, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Tosei Corporation Provides Consolidated and Non- Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022

Upcoming dividend of JP¥38.00 per share

Third quarter 2021 earnings released: EPS JP¥20.46 (vs JP¥27.98 in 3Q 2020)

Tosei Corporation (TSE : 8923) agreed to acquire ICOMPANY, Inc. from Hirotoshi Deguchi.

Second quarter 2021 earnings released: EPS JP¥64.75 (vs JP¥51.36 loss in 2Q 2020)

Tosei Corporation Revises Consolidated and Non Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2021

First quarter 2021 earnings released: EPS JP¥65.31 (vs JP¥75.37 in 1Q 2020)

Tosei Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2021

Full year 2020 earnings released: EPS JP¥76.04 (vs JP¥176 in FY 2019)

Earnings beat expectations, revenue disappoints

Full-Time Outside Audit & Supervisory Board Member has left the company

Tosei Corporation to Report Q1, 2021 Results on Apr 05, 2021

Earnings beat expectations, revenue disappoints

New 90-day low: JP¥1,038

Full year 2020 earnings released: EPS JP¥76.05

Tosei Corporation, Annual General Meeting, Feb 25, 2021

New 90-day high: JP¥1,206

Tosei Asset Advisors, Inc. and Tosei Reit Investment Corporation (TSE:3451) entered into an agreement to acquire four real estate properties from Tosei Corporation (TSE:8923) for ¥2.9 billion.

Tosei Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ended November 30, 2020

Tosei Corporation to Report Fiscal Year 2020 Results on Jan 12, 2021

Tosei Corporation (TSE:8923) signed a contract to acquire NBF Shinkawa Building from Nippon Building Fund Incorporation (TSE:8951) for ¥11.9 billion.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure