V-cube Management

Management criteria checks 2/4

V-cube's CEO is Naoaki Mashita, appointed in Mar 2022, has a tenure of 2.17 years. directly owns 15.18% of the company’s shares, worth ¥916.21M. The average tenure of the management team and the board of directors is 5.1 years and 5.7 years respectively.

Key information

Naoaki Mashita

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.2yrs
CEO ownership	15.2%
Management average tenure	5.1yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

Cautious Investors Not Rewarding V-cube, Inc.'s (TSE:3681) Performance Completely

Mar 12

CEO

Naoaki Mashita (46 yo)

2.2yrs

Tenure

Mr. Naoaki Mashita serves as Independent Outside Director at Sumitomo Mitsui Trust Bank, Limited since June 23, 2023. He serves as Group Chief Executive Officer at V-cube, Inc. since March 2022 and is its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Naoaki Mashita	Founder	2.2yrs	no data	15.18% ¥ 916.2m
Masaya Takada	President	18.1yrs	no data	1.24% ¥ 75.0m
Kazuki Yamamoto	CFO, GM of Corporate Planning Division & Director	5.1yrs	no data	0.025% ¥ 1.5m
Jun Mizutani	COO, VP	2.2yrs	no data	0.036% ¥ 2.2m
Yosuke Kamezaki	CTO & Director	11.3yrs	no data	0.21% ¥ 12.4m

5.1yrs

Average Tenure

45yo

Average Age

Experienced Management: 3681's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Naoaki Mashita	Founder	20.3yrs	no data	15.18% ¥ 916.2m
Masaya Takada	President	11.4yrs	no data	1.24% ¥ 75.0m
Kazuki Yamamoto	CFO, GM of Corporate Planning Division & Director	3.2yrs	no data	0.025% ¥ 1.5m
Jun Mizutani	COO, VP	8.2yrs	no data	0.036% ¥ 2.2m
Yosuke Kamezaki	CTO & Director	12.2yrs	no data	0.21% ¥ 12.4m
Kenichi Nishimura	Independent Outside Director	9.2yrs	no data	0.031% ¥ 1.9m
Kikuo Fukushima	Independent Outside Director	1.2yrs	no data	no data
Daiko Matsuyama	Independent Outside Director	1.2yrs	no data	no data
David Kovalcik	Director	1.2yrs	no data	no data
Hidehito Akimoto	Independent Outside Director	1.2yrs	no data	no data

5.7yrs

Average Tenure

46.5yo

Average Age

Experienced Board: 3681's board of directors are considered experienced (5.7 years average tenure).

V-cube Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

V-cube, Inc. Announces Board Retirements

V-cube, Inc., Annual General Meeting, Mar 27, 2024

V-cube, Inc., Annual General Meeting, Mar 28, 2023

Less than half of directors are independent

Less than half of directors are independent

Recent updates

New major risk - Dividend sustainability

Less than half of directors are independent

V-cube, Inc. to Report Q1, 2024 Results on May 15, 2024

New minor risk - Shareholder dilution

Cautious Investors Not Rewarding V-cube, Inc.'s (TSE:3681) Performance Completely

V-cube, Inc. announced that it expects to receive ¥347.472 million in funding

V-cube, Inc. announced that it expects to receive ¥347.472 million in funding

V-cube, Inc. announced that it expects to receive ¥347.472 million in funding

V-cube, Inc. Announces Board Retirements

New minor risk - Share price stability

New major risk - Revenue and earnings growth

V-cube, Inc., Annual General Meeting, Mar 27, 2024

V-cube, Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: JP¥19.74 loss per share (vs JP¥5.56 loss in 3Q 2022)

V-cube, Inc. to Report Q3, 2023 Results on Nov 14, 2023

New major risk - Financial position

Second quarter 2023 earnings released: JP¥1.11 loss per share (vs JP¥9.02 profit in 2Q 2022)

New minor risk - Share price stability

V-cube, Inc. to Report Q2, 2023 Results on Aug 10, 2023

First quarter 2023 earnings released: EPS: JP¥1.28 (vs JP¥12.36 in 1Q 2022)

Consensus EPS estimates fall by 25%

Full year 2022 earnings: EPS misses analyst expectations

V-Cube, Inc. Provides Financial Guidance for the Six Months Ending June 30, 2023 and for the Fiscal Year Ending December 31, 2023

Investor sentiment deteriorates as stock falls 16%

V-cube, Inc., Annual General Meeting, Mar 28, 2023

Upcoming dividend of JP¥8.00 per share

V-cube, Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023

Consensus EPS estimates fall by 62%

Less than half of directors are independent

V-Cube, Inc. Provides Dividend Guidance for the Year Ending December 31, 2022

Investor sentiment deteriorated over the past week

V-Cube, Inc. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2022

Investor sentiment deteriorated over the past week

V-cube, Inc. to Report Q3, 2022 Results on Nov 11, 2022

Consensus EPS estimates fall by 13%

Second quarter 2022 earnings released: EPS: JP¥9.02 (vs JP¥5.08 in 2Q 2021)

V-Cube, Inc. Provides Year End Dividend Guidance for the Full Year Ending December 31, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

V-cube, Inc. to Report Q2, 2022 Results on Jul 28, 2022

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

Price target decreased to JP¥1,500

Less than half of directors are independent

Investor sentiment improved over the past week

V-cube, Inc. to Report Q1, 2022 Results on Apr 28, 2022

V-cube, Inc., Annual General Meeting, Mar 29, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

V-cube, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2022 and Fiscal Year Ending December 31, 2022

V-cube, Inc. Revises Earnings Guidance for the Fiscal Year Ended December 31, 2021

Upcoming dividend of JP¥8.00 per share

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS JP¥2.77 (vs JP¥8.81 in 3Q 2020)

Investor sentiment improved over the past week

V-cube, Inc. (TSE:3681) announces an Equity Buyback for 200,000 shares, representing 0.83% for ¥300 million.

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

V-cube, Inc. (TSE:3681) agreed to acquire XYVID from David Kovalcik and others for $15 million

First quarter 2021 earnings released: EPS JP¥32.43 (vs JP¥3.03 in 1Q 2020)

V-Cube, Inc. Revises Consolidated Earnings Forecast for the First-Half Year Ending June 30, 2021 and Fiscal Year Ending December 2021

Full year 2020 earnings released: EPS JP¥47.09 (vs JP¥1.41 in FY 2019)

New 90-day low: JP¥2,570

Full year 2020 earnings released: EPS JP¥47.09 (vs JP¥1.41 in FY 2019)

V-cube, Inc., Annual General Meeting, Mar 25, 2021

Upcoming Dividend of JP¥4.00 Per Share

V-cube, Inc. to Report Q4, 2020 Results on Feb 12, 2021

New 90-day high: JP¥3,460

V-cube, Inc. to Report Q3, 2020 Results on Nov 12, 2020

CEO

Tenure