GMO internet group Management

Management criteria checks 4/4

GMO internet group's CEO is Masatoshi Kumagai, appointed in Jun 2016, has a tenure of 8.08 years. total yearly compensation is ¥126.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 42.18% of the company’s shares, worth ¥114.92B. The average tenure of the management team and the board of directors is 11.8 years and 8.3 years respectively.

Key information

Masatoshi Kumagai

Chief executive officer

JP¥126.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	8.1yrs
CEO ownership	42.2%
Management average tenure	11.8yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

Is GMO internet group (TSE:9449) A Risky Investment?

Jun 27

With GMO internet group, Inc. (TSE:9449) It Looks Like You'll Get What You Pay For

Apr 19

GMO internet group (TSE:9449) Takes On Some Risk With Its Use Of Debt

Feb 29

CEO Compensation Analysis

How has Masatoshi Kumagai's remuneration changed compared to GMO internet group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	JP¥16b
Dec 31 2023	JP¥126m	JP¥126m	JP¥14b
Sep 30 2023	n/a	n/a	JP¥9b
Jun 30 2023	n/a	n/a	JP¥4b
Mar 31 2023	n/a	n/a	JP¥11b
Dec 31 2022	JP¥133m	JP¥133m	JP¥13b
Sep 30 2022	n/a	n/a	JP¥18b
Jun 30 2022	n/a	n/a	JP¥23b
Mar 31 2022	n/a	n/a	JP¥18b
Dec 31 2021	JP¥236m	JP¥125m	JP¥18b
Sep 30 2021	n/a	n/a	JP¥17b
Jun 30 2021	n/a	n/a	JP¥16b
Mar 31 2021	n/a	n/a	JP¥14b
Dec 31 2020	JP¥204m	JP¥122m	JP¥10b
Sep 30 2020	n/a	n/a	JP¥8b
Jun 30 2020	n/a	n/a	JP¥8b
Mar 31 2020	n/a	n/a	JP¥9b
Dec 31 2019	JP¥119m	JP¥119m	JP¥8b
Sep 30 2019	n/a	n/a	-JP¥20b
Jun 30 2019	n/a	n/a	-JP¥21b
Mar 31 2019	n/a	n/a	-JP¥21b
Dec 31 2018	JP¥123m	JP¥123m	-JP¥21b
Sep 30 2018	n/a	n/a	JP¥10b
Jun 30 2018	n/a	n/a	JP¥10b
Mar 31 2018	n/a	n/a	JP¥9b
Dec 31 2017	JP¥126m	JP¥126m	JP¥8b

Compensation vs Market: Masatoshi's total compensation ($USD784.35K) is about average for companies of similar size in the JP market ($USD797.86K).

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

CEO

Masatoshi Kumagai (61 yo)

8.1yrs

Tenure

JP¥126,000,000

Compensation

Mr. Masatoshi Kumagai serves as Chief Executive Officer of GMO Venture Tsushin Startup Support Co. Ltd. He serves as the Chairman of the Board at GMO Venture Partners, Inc. and was its Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Masatoshi Kumagai	Founder	8.1yrs	JP¥126.00m	42.18% ¥ 114.9b
Masashi Yasuda	Executive VP	5.5yrs	JP¥134.00m	0.035% ¥ 95.0m
Hiroyuki Nishiyama	Executive VP	5.5yrs	JP¥134.00m	0.044% ¥ 120.6m
Yuki Kawasaki	Group Executive Officer & GM of Group Legal Department	3.3yrs	no data	no data
Kazuhiko Miyazaki	MD & GM of Sales Division	15.5yrs	no data	no data
Hirofumi Yamashita	Executive VP	15.5yrs	JP¥127.00m	no data
Katsumi Arisawa	Group Senior Managing Exec Offr	no data	JP¥117.00m	no data
Tadashi Ito	Group EVP	15.5yrs	JP¥133.00m	0.13% ¥ 364.4m
Teruhiro Arai	Group Sr Mang Exe Off	4.5yrs	JP¥106.00m	no data
Toshiaki Horiuchi	Sr. Managing Executive Officer & Head of Group Engineer Recruitment/Technology PR	16.3yrs	JP¥107.00m	no data
Kimihiro Kodama	Group Managing Executive Officer & Head of Domain Hosting Business Headquarters	15.5yrs	no data	no data
Issei Ainoura	Executive VP	no data	JP¥189.00m	0.0056% ¥ 15.4m

11.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 9449's management team is seasoned and experienced (11.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Masatoshi Kumagai	Founder	2.3yrs	JP¥126.00m	42.18% ¥ 114.9b
Masashi Yasuda	Executive VP	22.3yrs	JP¥134.00m	0.035% ¥ 95.0m
Hiroyuki Nishiyama	Executive VP	23.3yrs	JP¥134.00m	0.044% ¥ 120.6m
Tadashi Ito	Group EVP	16.3yrs	JP¥133.00m	0.13% ¥ 364.4m
Issei Ainoura	Executive VP	18.3yrs	JP¥189.00m	0.0056% ¥ 15.4m
Keigo Ogura	Independent Outside Director	4.8yrs	no data	0.0028% ¥ 7.7m
Eiji Masuda	Independent Outside Director	8.3yrs	no data	0.00094% ¥ 2.6m
Takashi Gunjikake	Independent Outside Director	8.3yrs	no data	0.013% ¥ 35.9m
Hideyuki Matsui	Director	1.3yrs	no data	0.0056% ¥ 15.4m

8.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 9449's board of directors are considered experienced (8.3 years average tenure).

GMO internet group Management

Management criteria checks 4/4

Key information

Recent management updates

GMO internet group, Inc., Annual General Meeting, Mar 22, 2024

GMO internet group, Inc., Annual General Meeting, Mar 24, 2023

GMO Internet, Inc., Annual General Meeting, Mar 20, 2022

GMO Internet, Inc., Annual General Meeting, Mar 20, 2021

Recent updates

Is GMO internet group (TSE:9449) A Risky Investment?

Upcoming dividend of JP¥12.45 per share

Consensus EPS estimates fall by 17%

First quarter 2024 earnings released: EPS: JP¥51.99 (vs JP¥36.83 in 1Q 2023)

First quarter dividend of JP¥12.45 announced

With GMO internet group, Inc. (TSE:9449) It Looks Like You'll Get What You Pay For

GMO internet group, Inc. to Report Q1, 2024 Results on May 10, 2024

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of JP¥10.83 per share

GMO internet group, Inc., Annual General Meeting, Mar 22, 2024

Price target increased by 9.4% to JP¥2,914

GMO internet group (TSE:9449) Takes On Some Risk With Its Use Of Debt

Consensus EPS estimates fall by 10%

Fourth quarter dividend of JP¥10.83 announced

GMO internet group, Inc. (TSE:9449) agreed to acquire an unknown minority stake in Flatt Security Co., Ltd. from Koki Ide for ¥1.3 billion.

GMO internet group, Inc. (TSE:9449) agreed to acquire 38% stake in Flatt Security Co., Ltd. from Koki Ide for ¥1.3 billion.

Full year 2023 earnings: EPS misses analyst expectations

GMO internet group, Inc. (TSE:9449) announces an Equity Buyback for 1,100,000 shares, representing 1% for ¥2,410 million.

GMO internet group, Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024

Third quarter 2023 earnings released: EPS: JP¥30.97 (vs JP¥15.47 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: JP¥22.63 (vs JP¥84.82 in 2Q 2022)

Upcoming dividend of JP¥10.05 per share at 1.7% yield

GMO internet group, Inc. to Report Q2, 2023 Results on Aug 09, 2023

First quarter 2023 earnings released: EPS: JP¥36.83 (vs JP¥59.32 in 1Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of JP¥10.10 per share at 2.0% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

GMO internet group, Inc., Annual General Meeting, Mar 24, 2023

GMO internet group, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 15%

Second quarter 2022 earnings released: EPS: JP¥84.82 (vs JP¥37.00 in 2Q 2021)

Upcoming dividend of JP¥13.00 per share

Investor sentiment deteriorated over the past week

GMO Internet, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Consensus EPS estimates fall by 16%

First quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

GMO Internet, Inc. to Report Q1, 2022 Results on May 12, 2022

Upcoming dividend of JP¥13.50 per share

Consensus forecasts updated

Price target decreased to JP¥3,056

Now 23% undervalued after recent price drop

GMO Internet, Inc., Annual General Meeting, Mar 20, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

GMO Internet, Inc. (TSE:9449) announces an Equity Buyback for 3,000,000 shares, representing 2.74% for ¥5,000 million.

GMO Internet, Inc. (TSE:9449) agreed to acquire 50% stake in Ierae Security Inc. from Yuya Kuratomi and other for ¥9.2 billion.

Consensus EPS estimates increase to JP¥117

GMO Internet, Inc. (TSE:9449) agreed to acquire Setagaya Business Square from Tokyu Real Estate Investment Management Inc. for ¥22.8 billion.

Third quarter 2021 earnings released: EPS JP¥32.61 (vs JP¥23.43 in 3Q 2020)

Price target decreased to JP¥3,515

GMO Internet, Inc. (TSE:9449) completed the acquisition of OMAKASE Co., Ltd from Shunpei Asai, Kenta Takahashi, Shuhei Ogata and Hirotatsu Suzuki.

GMO Internet, Inc. (TSE:9449) agreed to acquire OMAKASE Co., Ltd from Shunpei Asai, Kenta Takahashi, Shuhei Ogata and Hirotatsu Suzuki for ¥8.3 billion.

Consensus EPS estimates increase to JP¥126

Price target increased to JP¥3,934

First quarter 2021 earnings released: EPS JP¥51.77 (vs JP¥19.92 in 1Q 2020)

Upcoming dividend of JP¥6.00 per share

GMO-Z.com Trust Company Launches First Regulated JPY-Pegged Stablecoin

Price target raised to JP¥3,316

GMO Internet, Inc., Annual General Meeting, Mar 20, 2021

Full year 2020 earnings released: EPS JP¥92.99 (vs JP¥73.16 in FY 2019)

Revenue beats expectations, earnings disappoint

New 90-day high: JP¥3,550

Investor sentiment improved over the past week

Analysts update estimates

Investor sentiment improved over the past week

GMO Internet, Inc. to Report Q4, 2020 Results on Feb 12, 2021

New 90-day high: JP¥3,140

GMO Internet, Inc. to Report Q3, 2020 Results on Nov 11, 2020

CEO Compensation Analysis