Mitsubishi Electric Corporation

OTCPK:MIEL.Y Stock Report

Market Cap: US$31.6b

Mitsubishi Electric Management

Management criteria checks 2/4

Mitsubishi Electric's CEO is Kei Uruma, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is ¥246.00M, comprised of 32.5% salary and 67.5% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $1.60M. The average tenure of the management team and the board of directors is 2.1 years and 2.3 years respectively.

Key information

Kei Uruma

Chief executive officer

JP¥246.0m

Total compensation

CEO salary percentage32.5%
CEO tenure2.8yrs
CEO ownership0.005%
Management average tenure2.1yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kei Uruma's remuneration changed compared to Mitsubishi Electric's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

JP¥261b

Sep 30 2023n/an/a

JP¥259b

Jun 30 2023n/an/a

JP¥238b

Mar 31 2023JP¥246mJP¥80m

JP¥214b

Dec 31 2022n/an/a

JP¥194b

Sep 30 2022n/an/a

JP¥173b

Jun 30 2022n/an/a

JP¥175b

Mar 31 2022JP¥135mJP¥53m

JP¥203b

Dec 31 2021n/an/a

JP¥234b

Sep 30 2021n/an/a

JP¥250b

Jun 30 2021n/an/a

JP¥237b

Mar 31 2021JP¥99mJP¥40m

JP¥193b

Compensation vs Market: Kei's total compensation ($USD1.56M) is below average for companies of similar size in the US market ($USD13.53M).

Compensation vs Earnings: Kei's compensation has increased by more than 20% in the past year.


CEO

Kei Uruma (64 yo)

2.8yrs

Tenure

JP¥246,000,000

Compensation

Mr. Kei Uruma had been President at Mitsubishi Electric Turkey A.S. since January 2013. Mr. Uruma has been Chief Executive Officer and President at Mitsubishi Electric Corporation since July 2021 and serve...


Leadership Team

NamePositionTenureCompensationOwnership
Kei Uruma
Representative Executive Officer2.8yrsJP¥246.00m0.0051%
¥ 1.6m
Tadashi Matsumoto
Representative Executive Officer and Executive VP Life Business Area Owner & Export Controlno dataJP¥109.00m0.0025%
¥ 803.9k
Kuniaki Masuda
Executive Officerless than a yearno data0.0011%
¥ 354.5k
Kunihiko Kaga
Representative Executive Officer1.8yrsno datano data
Eiichiro Mitani
Executive Officer3yrsno datano data
Yoji Saito
CMO & Executive Officerless than a yearno datano data
Yasunari Abe
Executive Officer & CHROless than a yearno datano data
Atsuhiro Yabu
Group President of Automotive Equipment & Executive Officer5.3yrsno datano data
Satoshi Kusakabe
Executive Officer & Chief Risk Management Officerno datano datano data
Tomonori Sato
Executive Officer & Group President of Defense and Space Systems2.3yrsno datano data
Noriyuki Takazawa
Senior Vice President of Infrastructure Business Area Owner4yrsJP¥103.00mno data
Yoshikazu Nakai
Executive Officer2yrsno datano data

2.1yrs

Average Tenure

62yo

Average Age

Experienced Management: MIEL.Y's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kei Uruma
Representative Executive Officer3.8yrsJP¥246.00m0.0051%
¥ 1.6m
Kuniaki Masuda
Executive Officer2.8yrsno data0.0011%
¥ 354.5k
Satoshi Takeda
Executive Officerless than a yearno data0.00080%
¥ 253.2k
Tatsuro Kosaka
Outside Independent Director1.8yrsno data0.00034%
¥ 107.6k
Kazunori Watanabe
Independent Outside Director8.8yrsno data0.00046%
¥ 145.6k
Hiroyuki Yanagi
Outside Independent Director1.8yrsno datano data
Mitoji Yabunaka
Independent Chairman of the Board of Directors11.8yrsno data0.00075%
¥ 237.4k
Haruka Matsuyama
Independent Outside Directorless than a yearno datano data
Masako Egawa
Independent Outside Directorless than a yearno datano data
Hiroko Koide
Independent Outside Director7.8yrsno data0.00072%
¥ 227.9k
Jun Nagasawa
Director1.8yrsno data0.0024%
¥ 746.9k
Tadashi Kawagoishi
Director5.8yrsno data0.0023%
¥ 731.1k

2.3yrs

Average Tenure

65yo

Average Age

Experienced Board: MIEL.Y's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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