JTOWER Management

Management criteria checks 2/4

JTOWER's CEO is Atsushi Tanaka, appointed in Jun 2012, has a tenure of 11.83 years. directly owns 25.32% of the company’s shares, worth ¥21.64B. The average tenure of the management team and the board of directors is 8 years and 4.8 years respectively.

Key information

Atsushi Tanaka

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	11.8yrs
CEO ownership	25.3%
Management average tenure	8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Atsushi Tanaka (49 yo)

11.8yrs

Tenure

Mr. Atsushi Tanaka founded JTOWER, Inc. in June 2012 and has been its President since June 2012. Mr. Tanaka joined Goldman Sachs (now: Goldman Sachs Securities Co., Ltd.) in May 1997. Mr. Tanaka joined eAc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Atsushi Tanaka	Founder	11.8yrs	no data	25.32% ¥ 21.6b
Ryosuke Nakamura	MD, CFO	10.3yrs	no data	0.12% ¥ 104.6m
Yusuke Kiriya	Senior MD	5.8yrs	no data	0.53% ¥ 449.5m
Nobuo Nezu	Advisor	2.8yrs	no data	no data

8.0yrs

Average Tenure

47yo

Average Age

Experienced Management: 4485's management team is seasoned and experienced (8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Atsushi Tanaka	Founder	11.8yrs	no data	25.32% ¥ 21.6b
Ryosuke Nakamura	MD, CFO	8yrs	no data	0.12% ¥ 104.6m
Yusuke Kiriya	Senior MD	10.7yrs	no data	0.53% ¥ 449.5m
Yoshiaki Uchida	Independent Outside Director	2.8yrs	no data	no data
Naoki Ota	Independent Outside Director	4.8yrs	no data	no data
Mutsuko Oba	Independent Outside Director	2.8yrs	no data	0.0051% ¥ 4.3m
Akihiro Yamada	Outside Audit & Supervisory Board Member	4.8yrs	no data	0.0047% ¥ 4.0m
Toshiko Nagayama	Outside Audit & Supervisory Board Member	4.8yrs	no data	no data
Yukiko Nishiura	Full-Time Audit & Supervisory Board Member	2.8yrs	no data	no data
Shingo Ishida	Independent Outside Director	less than a year	no data	no data

4.8yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 4485's board of directors are considered experienced (4.8 years average tenure).

JTOWER Management

Management criteria checks 2/4

Key information

Recent management updates

JTOWER Inc. Announces the Resignation of Yoshitaka Hiramoto as Outside Director

JTOWER Inc., Annual General Meeting, Jun 27, 2023

High number of new directors

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

High number of new and inexperienced directors

High number of new directors

Recent updates

Consensus estimates of losses per share improve by 11%

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: JP¥5.40 loss per share (vs JP¥62.79 loss in 3Q 2023)

Consensus EPS estimates fall by 33%

Second quarter 2024 earnings released: EPS: JP¥2.18 (vs JP¥4.05 in 2Q 2023)

Price target decreased by 8.8% to JP¥6,938

New major risk - Share price stability

JTOWER Inc. (TSE:4485) entered into the master transaction agreement to acquire 1,552 Telecommunication Towers of NTT DOCOMO, INC for ¥17 billion.

New minor risk - Profitability

Consensus EPS estimates upgraded to JP¥22.86 loss

First quarter 2024 earnings released: EPS: JP¥3.09 (vs JP¥6.09 in 1Q 2023)

Consensus EPS estimates fall by 195%

JTOWER Inc. to Report Q2, 2024 Results on Nov 08, 2023

Price target decreased by 8.3% to JP¥7,604

JTOWER Inc. Announces the Resignation of Yoshitaka Hiramoto as Outside Director

Full year 2023 earnings: EPS exceeds analyst expectations

Jtower Inc. Provides Earning Guidance for the Fiscal Year Ending March 31, 2024

JTOWER Inc., Annual General Meeting, Jun 27, 2023

Price target decreased by 8.0% to JP¥8,456

Third quarter 2023 earnings released: JP¥62.84 loss per share (vs JP¥2.32 profit in 3Q 2022)

JTOWER Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023

Second quarter 2023 earnings released: EPS: JP¥4.05 (vs JP¥3.38 in 2Q 2022)

JTOWER Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Second quarter 2023 earnings released: EPS: JP¥4.05 (vs JP¥3.38 in 2Q 2022)

First quarter 2023 earnings released: EPS: JP¥6.09 (vs JP¥2.53 in 1Q 2022)

JTOWER Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

High number of new directors

Consensus EPS estimates fall by 32%

Price target increased to JP¥8,970

Consensus forecasts updated

Full year 2022 earnings: EPS exceeds analyst expectations

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

High number of new and inexperienced directors

JTOWER Inc. to Report Q3, 2023 Results on Feb 08, 2023

Price target increased to JP¥8,050

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

JTOWER Inc. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2022

Price target increased to JP¥13,220

Second quarter 2022 earnings released: EPS JP¥3.38 (vs JP¥7.05 in 2Q 2021)

Price target increased to JP¥10,030

First quarter 2022 earnings released: EPS JP¥2.53 (vs JP¥2.68 in 1Q 2021)

High number of new directors

JTOWER Inc. announced that it has received ¥7.35012144 billion in funding from KDDI Corporation, Nippon Telegraph and Telephone Corporation

Consensus forecasts updated

Price target decreased to JP¥9,140

Full year 2021 earnings released: EPS JP¥24.56 (vs JP¥0.93 loss in FY 2020)

JTOWER Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 2022

JTOWER Inc. Revises Earnings Guidance for the Full Year Ending March 31, 2021

New 90-day low: JP¥8,440

Analysts update estimates

Third quarter 2021 earnings released: EPS JP¥2.91 (vs JP¥2.73 in 3Q 2020)

Revenue and earnings miss expectations

New 90-day high: JP¥11,880

New 90-day high: JP¥10,310

New 90-day high: JP¥9,850

Analysts update estimates

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age