Tokyo Electron Management

Management criteria checks 3/4

Tokyo Electron's CEO is Toshiki Kawai, appointed in Jan 2016, has a tenure of 8.25 years. total yearly compensation is ¥1.43B, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth ¥3.06B. The average tenure of the management team and the board of directors is 7.1 years and 4.8 years respectively.

Key information

Toshiki Kawai

Chief executive officer

JP¥1.4b

Total compensation

CEO salary percentage	7.5%
CEO tenure	8.3yrs
CEO ownership	0.02%
Management average tenure	7.1yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

Returns On Capital At Tokyo Electron (TSE:8035) Paint A Concerning Picture

Apr 12

Investors Appear Satisfied With Tokyo Electron Limited's (TSE:8035) Prospects As Shares Rocket 29%

Feb 26

CEO Compensation Analysis

How has Toshiki Kawai's remuneration changed compared to Tokyo Electron's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥358b
Sep 30 2023	n/a	n/a	JP¥342b
Jun 30 2023	n/a	n/a	JP¥448b
Mar 31 2023	JP¥1b	JP¥107m	JP¥472b
Dec 31 2022	n/a	n/a	JP¥480b
Sep 30 2022	n/a	n/a	JP¥504b
Jun 30 2022	n/a	n/a	JP¥425b
Mar 31 2022	JP¥2b	JP¥102m	JP¥437b
Dec 31 2021	n/a	n/a	JP¥395b
Sep 30 2021	n/a	n/a	JP¥331b
Jun 30 2021	n/a	n/a	JP¥287b
Mar 31 2021	JP¥901m	JP¥102m	JP¥243b
Dec 31 2020	n/a	n/a	JP¥215b
Sep 30 2020	n/a	n/a	JP¥218b
Jun 30 2020	n/a	n/a	JP¥210b
Mar 31 2020	JP¥660m	JP¥102m	JP¥185b
Dec 31 2019	n/a	n/a	JP¥192b
Sep 30 2019	n/a	n/a	JP¥192b
Jun 30 2019	n/a	n/a	JP¥224b
Mar 31 2019	JP¥924m	JP¥102m	JP¥248b
Dec 31 2018	n/a	n/a	JP¥257b
Sep 30 2018	n/a	n/a	JP¥249b
Jun 30 2018	n/a	n/a	JP¥219b
Mar 31 2018	JP¥763m	JP¥101m	JP¥204b

Compensation vs Market: Toshiki's total compensation ($USD9.23M) is above average for companies of similar size in the JP market ($USD1.59M).

Compensation vs Earnings: Toshiki's compensation has been consistent with company performance over the past year.

CEO

Toshiki Kawai (60 yo)

8.3yrs

Tenure

JP¥1,428,000,000

Compensation

Mr. Toshiki Kawai has been the Chief Executive Officer and President at Tokyo Electron Limited since January 1, 2016 and serves as its Corporate Officer since June 21, 2022 and served as its General Manage...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Toshiki Kawai	President	8.3yrs	JP¥1.43b	0.020% ¥ 3.1b
Sadao Sasaki	Senior EVP	7.8yrs	JP¥556.00m	0.0084% ¥ 1.3b
Hiroshi Kawamoto	Senior VP	no data	no data	no data
Ken Sasagawa	Vice President of Accounting & Finance Department	6.5yrs	no data	no data
Koichi Yatsuda	Investor Relations Officer	no data	no data	no data
Tatsuya Aso	VP and GM Legal	2.3yrs	no data	no data
Takeshi Okubo	Executive VP	6.3yrs	no data	no data
Seisu Ikeda	Executive VP	7.8yrs	JP¥536.00m	no data
Tatsuya Nagakubo	EVP and GM of Global Business Platform	no data	JP¥514.00m	no data
Yoshinobu Mitano	Executive VP	no data	JP¥536.00m	no data
David Brough	Senior VP & GM of Global Strategy	8.3yrs	no data	no data
Masayuki Kojima	Senior VP & GM of Development & Production 2nd Division	1.8yrs	no data	no data

7.1yrs

Average Tenure

Experienced Management: 8035's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Toshiki Kawai	President	8.8yrs	JP¥1.43b	0.020% ¥ 3.1b
Sadao Sasaki	Senior EVP	no data	JP¥556.00m	0.0084% ¥ 1.3b
Yutaka Nanasawa	Audit & Supervisory Board Member	less than a year	no data	0.0027% ¥ 407.1m
Yoshikazu Nunokawa	Chairman of the Board	4.8yrs	JP¥259.00m	0.0088% ¥ 1.3b
Michio Sasaki	Independent Outside Director	5.8yrs	no data	no data
Kazushi Tahara	Chairman of Audit & Supervisory Board	4.8yrs	no data	0.0016% ¥ 243.3m
Sachiko Ichikawa	Independent Outside Director	2.8yrs	no data	no data
Kyosuke Wagai	Outside Audit & Supervisory Board Member	6.8yrs	no data	no data
Ryota Miura	Outside Audit & Supervisory Board Member	3.8yrs	no data	no data

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 8035's board of directors are considered experienced (4.8 years average tenure).

Tokyo Electron Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024

Tokyo Electron Limited Announces Retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board Member

High number of new directors

Tokyo Electron Limited Announces Personnel Changes

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 15%

Returns On Capital At Tokyo Electron (TSE:8035) Paint A Concerning Picture

Less than half of directors are independent

Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024

Tokyo Electron Limited Announces Retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board Member

Tokyo Electron Limited to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥219 per share

Price target increased by 7.6% to JP¥37,693

Investors Appear Satisfied With Tokyo Electron Limited's (TSE:8035) Prospects As Shares Rocket 29%

New minor risk - Share price stability

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Price target increased by 7.5% to JP¥25,537

Tokyo Electron Limited to Report Q3, 2024 Results on Feb 09, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Declares Interim Dividend for the First Half of the Fiscal Year Ending March 31, 2024, Payable on December 7, 2023

Tokyo Electron Limited to Report Q2, 2024 Results on Nov 10, 2023

Upcoming dividend of JP¥128 per share at 1.6% yield

Tokyo Electron Limited Provides Dividend Guidance Second Quarter and Year Ending March 31, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Tokyo Electron Limited to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.3% to JP¥19,242

Investor sentiment improves as stock rises 16%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Dividend Guidance for the Fiscal Year Ended March 31, 2023, Payable on May 31, 2023

Price target decreased by 9.2% to JP¥17,725

Price target increased by 13% to JP¥19,552

Upcoming dividend of JP¥731 per share at 2.8% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Dividend Guidance for the Year Ending March 31, 2023

Tokyo Electron Limited to Report Q3, 2023 Results on Feb 09, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Provides Dividend Guidance for the Year Ending March 31, 2023

Now 20% undervalued after recent price drop

Price target decreased to JP¥46,900

Tokyo Electron Limited to Report Q2, 2023 Results on Nov 10, 2022

Upcoming dividend of JP¥751 per share

Tokyo Electron Limited Provides Earnings Outlook for the Six Months Ending September 30, 2022 and Fiscal Year Ending March 31, 2023

Now 25% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues miss analyst expectations

High number of new directors

Full year 2022 earnings: Revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Tokyo Electron Limited Provides Earnings Outlook for the Fiscal Year Ending March 31, 2024 and Term Ending March 31, 2027

Tokyo Electron Limited Announces Personnel Changes

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023

Less than half of directors are independent

Tokyo Electron Limited Announces Changes in Corporate Director

Upcoming dividend of JP¥693 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Provides Dividend Guidance for the Year Ending March 31, 2022

Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2022

Price target increased to JP¥57,256

Second quarter 2022 earnings released: EPS JP¥642 (vs JP¥357 in 2Q 2021)

Upcoming dividend of JP¥562 per share

Investor sentiment improved over the past week

Tokyo Electron Announces the Launch of Prexa

First quarter 2022 earnings released: EPS JP¥645 (vs JP¥363 in 1Q 2021)

Consensus EPS estimates increase to JP¥2,334

Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)

Full year 2021 earnings released: EPS JP¥1,562 (vs JP¥1,171 in FY 2020)

Tokyo Electron Limited Revises Year-End Dividend Guidance for the Fiscal Year Ended March 31, 2021

Upcoming dividend of JP¥380 per share

New 90-day high: JP¥46,300

Third quarter 2021 earnings released: EPS JP¥297 (vs JP¥316 in 3Q 2020)