ASJ Management

Management criteria checks 2/4

ASJ's CEO is Haruaki Maruyama, appointed in Apr 2023, has a tenure of 1.42 years. directly owns 24.8% of the company’s shares, worth ¥843.97M. The average tenure of the management team and the board of directors is 16.3 years and 16.3 years respectively.

Key information

Haruaki Maruyama

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.4yrs
CEO ownership	24.8%
Management average tenure	16.3yrs
Board average tenure	16.3yrs

Recent management updates

Recent updates

ASJ Inc.'s (TSE:2351) 34% Cheaper Price Remains In Tune With Earnings

Aug 05

Subdued Growth No Barrier To ASJ Inc. (TSE:2351) With Shares Advancing 38%

Apr 11

CEO

Haruaki Maruyama (71 yo)

1.4yrs

Tenure

Mr. Haruaki Maruyama Established ASJ Inc. in February 1984 and serves as its Co-Chief Executive Officer since April 2023. Mr. Maruyama has been the Chairman of ASJ Inc. since January 2005 and had been its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Haruaki Maruyama	Chairman of Board & Co-CEO	1.4yrs	no data	24.8% ¥ 844.0m
Kuninori Aoki	President	16.4yrs	no data	1.4% ¥ 47.8m
Yoshiro Numaguchi	CTO, Senior MD	19.4yrs	no data	0.17% ¥ 5.8m
Taketomo Nii	Head of IR Office	16.3yrs	no data	0.063% ¥ 2.1m
Toshihide Hoshi	Director & GM of Development Dept.	no data	no data	0.28% ¥ 9.6m
Hiroyuki Tashiro	GM of Business Promotion Division & Director	no data	no data	1.05% ¥ 35.7m

16.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 2351's management team is seasoned and experienced (16.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Haruaki Maruyama	Chairman of Board & Co-CEO	19.7yrs	no data	24.8% ¥ 844.0m
Kuninori Aoki	President	24.8yrs	no data	1.4% ¥ 47.8m
Yoshiro Numaguchi	CTO, Senior MD	22.3yrs	no data	0.17% ¥ 5.8m
Taketomo Nii	Head of IR Office	16.3yrs	no data	0.063% ¥ 2.1m
Toshihide Hoshi	Director & GM of Development Dept.	16.3yrs	no data	0.28% ¥ 9.6m
Hiroyuki Tashiro	GM of Business Promotion Division & Director	16.3yrs	no data	1.05% ¥ 35.7m
Kimikazu Tamura	Director	9.3yrs	no data	1.49% ¥ 50.8m
Takashi Yasunaga	Independent Outside Director	9.3yrs	no data	0.19% ¥ 6.5m
Yuji Ishii	Independent Outside Director	7.3yrs	no data	0.034% ¥ 1.2m
Sadayoshi Okuwaki	Independent Outside Director	2.3yrs	no data	0.0038% ¥ 128.3k

16.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 2351's board of directors are seasoned and experienced ( 16.3 years average tenure).

ASJ Management

Management criteria checks 2/4

Key information

Recent management updates

ASJ Inc., Annual General Meeting, Jun 25, 2024

Less than half of directors are independent

Asj Inc., Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

Recent updates

ASJ Inc. to Report Q2, 2025 Results on Nov 14, 2024

First quarter 2025 earnings released: JP¥0.50 loss per share (vs JP¥5.66 loss in 1Q 2024)

ASJ Inc. to Report Q1, 2025 Results on Aug 14, 2024

ASJ Inc.'s (TSE:2351) 34% Cheaper Price Remains In Tune With Earnings

Investor sentiment deteriorates as stock falls 25%

Full year 2024 earnings released: EPS: JP¥14.09 (vs JP¥7.80 in FY 2023)

ASJ Inc., Annual General Meeting, Jun 25, 2024

ASJ Inc. to Report Fiscal Year 2024 Results on May 14, 2024

Subdued Growth No Barrier To ASJ Inc. (TSE:2351) With Shares Advancing 38%

New minor risk - Share price stability

Upcoming dividend of JP¥2.00 per share

Third quarter 2024 earnings released: EPS: JP¥1.01 (vs JP¥2.14 in 3Q 2023)

ASJ Inc. to Report Q3, 2024 Results on Feb 14, 2024

Second quarter 2024 earnings released: EPS: JP¥1.64 (vs JP¥2.52 in 2Q 2023)

Asj Inc. to Report Q2, 2024 Results on Nov 14, 2023

New minor risk - Share price stability

First quarter 2024 earnings released: JP¥5.66 loss per share (vs JP¥2.01 loss in 1Q 2023)

Asj Inc. to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings released: EPS: JP¥7.80 (vs JP¥61.06 loss in FY 2022)

Asj Inc. to Report Fiscal Year 2023 Results on May 12, 2023

Upcoming dividend of JP¥2.00 per share at 0.4% yield

Third quarter 2023 earnings released: EPS: JP¥2.26 (vs JP¥2.77 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: JP¥2.52 (vs JP¥0.38 loss in 2Q 2022)

Less than half of directors are independent

First quarter 2023 earnings released: JP¥2.01 loss per share (vs JP¥3.05 loss in 1Q 2022)

Asj Inc. to Report Q1, 2023 Results on Aug 12, 2022

Asj Inc., Annual General Meeting, Jun 24, 2022

Full year 2022 earnings released: JP¥61.06 loss per share (vs JP¥5.47 profit in FY 2021)

Asj Inc. to Report Fiscal Year 2022 Results on May 13, 2022

Now 22% undervalued

Less than half of directors are independent

Upcoming dividend of JP¥2.00 per share

Now 20% undervalued after recent price drop

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

Asj Inc. to Report Q3, 2022 Results on Feb 10, 2022

Second quarter 2022 earnings released: JP¥0.38 loss per share (vs JP¥1.27 loss in 2Q 2021)

Full year 2021 earnings released: EPS JP¥5.47 (vs JP¥3.06 in FY 2020)

Upcoming dividend of JP¥2.00 per share

New 90-day high: JP¥889

Third quarter 2021 earnings released: EPS JP¥6.36 (vs JP¥1.15 in 3Q 2020)

Asj Inc. to Report Q3, 2021 Results on Feb 12, 2021

New 90-day low: JP¥866

Asj Inc. to Report Q2, 2021 Results on Nov 13, 2020

Asj Inc. announced that it expects to receive ¥9.009 million in funding from SMBC Nikko Securities Inc., Investment Arm

Asj Inc. to Report Q1, 2021 Results on Aug 14, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age