KDX Realty Investment Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Hikaru Teramoto

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO

Hikaru Teramoto (53 yo)

1.3yrs

Tenure

Mr. Hikaru Teramoto has been President and Chief Executive Officer of KDX Realty Investment Corporation (formerly known as Kenedix Office Investment Corporation) since January 2023 and serves as its Repres...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hikaru Teramoto	CEO, President & Representative Director	1.3yrs	no data	no data
Moyuru Watanabe	Finance & Accounting Manager and Director	no data	no data	no data
Tetsushi Ichikawa	COO & GM-Private REIT Division	2.2yrs	no data	no data
Hirotoshi Momoi	Director	1.3yrs	no data	no data
Atsuhiko Murata	GM of Investment Department & Director	2.5yrs	no data	no data
Hiroaki Momoi	Executive Director	1.3yrs	no data	no data

1.3yrs

Average Tenure

Experienced Management: 8972's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Hikaru Teramoto	CEO, President & Representative Director	1.3yrs	no data	no data
Moyuru Watanabe	Finance & Accounting Manager and Director	4.2yrs	no data	no data
Tetsushi Ichikawa	COO & GM-Private REIT Division	2.2yrs	no data	no data
Hirotoshi Momoi	Director	1.3yrs	no data	no data
Atsuhiko Murata	GM of Investment Department & Director	2.5yrs	no data	no data
Hiroaki Momoi	Executive Director	1.3yrs	no data	no data
Satoru Yamanaka	Supervisory Director	no data	no data	no data
Akiko Yamakawa	Supervisory Director	no data	no data	no data
Osamu Utsunomiya	Supervisory Director	no data	no data	no data
Akiko Tokuma	Supervisory Director	2.3yrs	no data	no data
Masayuki Kobayashi	Part-Time Auditor	3.2yrs	no data	no data
Kazuo Matsumoto	Part-Time Auditor	7.9yrs	no data	no data

2.3yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 8972's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

KDX Realty Investment Management

Management criteria checks 0/4

Key information

Recent management updates

No independent directors

No independent directors

No independent directors

Recent updates

Upcoming dividend of JP¥3,800 per share

Price target increased by 14% to JP¥191,750

KDX Realty Investment Corporation (TSE:8972) announces an Equity Buyback for 81,500 shares, representing 1.97% for ¥10,000 million.

KDX Realty Investment Corporation (TSE:8972) agreed to acquire remaining 30% stake in Trust Beneficiary Interests of iias Kasugai for ¥6.1 billion from unknown seller.

Final dividend of JP¥3,800 announced

Full year 2023 earnings released: FFO per share: JP¥6.9k (vs JP¥6,606 loss in FY 2022)

First half 2024 earnings released: EPS: JP¥3,873 (vs JP¥3,784 in 1H 2023)

New major risk - Shareholder dilution

Price target decreased by 10.0% to JP¥163,750

Upcoming dividend of JP¥7,600 per share at 4.6% yield

Full year 2023 earnings released: FFO per share: JP¥10.3k (vs JP¥9,891 in FY 2022)

Kenedix Office Investment Corporation Declares Distribution for the Six Months Ended April 30, 2023, Payable on July 14, 2023

Full year 2023 earnings released

Kenedix Office Investment Corporation to Report Q4, 2023 Results on Jun 13, 2023

Upcoming dividend of JP¥7,250 per share at 4.8% yield

No independent directors

First half 2023 earnings released: FFO per share: JP¥10.3k (vs JP¥9,891 in 1H 2022)

Kenedix Office Investment Corporation Provides Earnings Guidance for the Six Months Ending April 30, 2023 and October 31, 2023

First half 2023 earnings released: EPS: JP¥7,567 (vs JP¥6,896 in 1H 2022)

No independent directors

Upcoming dividend of JP¥14,290 per share

Kenedix Office Investment Corporation (TSE:8972) agreed to acquire Shionogi Kobe Building for ¥3.5 billion.

Kenedix Office Investment Corporation Provides Earnings Guidance for the Six Months Ending October 31, 2022 and Fiscal Year Ending April 30, 2023

An unknown buyer singed a contract to acquire Trust beneficiary interest in KDX Kiba Building from Kenedix Office Investment Corporation (TSE:8972) for ¥1.7 billion.

Kenedix Office Investment Corporation (TSE:8972) agreed to acquire Sendai Honcho Building from G.K. KRF69 for approximately ¥6.4 billion.

No independent directors

Upcoming dividend of JP¥14,000 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of JP¥14,000 per share

Full year 2021 earnings released: FFO JP¥40,631 per share (vs JP¥39,465 in FY 2020)

Full year 2021 earnings released

Upcoming dividend of JP¥15,180 per share

New 90-day high: JP¥720,000

New 90-day high: JP¥691,000

First half 2021 earnings released: EPS JP¥17,060

New 90-day high: JP¥675,000

Price target lowered to JP¥698,375

Kenedix Office Investment Corporation to Report Fiscal Year 2020 Results on Dec 14, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age