Goldwin Management

Management criteria checks 2/4

Goldwin's CEO is Takao Watanabe, appointed in Jan 2020, has a tenure of 6.58 years. total yearly compensation is ¥108.00M, comprised of 51.9% salary and 48.1% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $1.86M. The average tenure of the management team and the board of directors is 1.2 years and 3.2 years respectively.

Key information

Takao Watanabe

Chief executive officer

JP¥108.0m

Total compensation

CEO salary percentage	51.85%
CEO tenure	6.6yrs
CEO ownership	0.1%
Management average tenure	1.2yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Takao Watanabe's remuneration changed compared to Goldwin's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2026	n/a	n/a	JP¥23b
Mar 31 2026	JP¥108m	JP¥56m	JP¥24b

Compensation vs Market: Takao's total compensation ($USD679.21K) is below average for companies of similar size in the US market ($USD5.19M).

Compensation vs Earnings: Insufficient data to compare Takao's compensation with company performance.

CEO

Takao Watanabe (66 yo)

6.6yrs

Tenure

JP¥108,000,000

Compensation

Mr. Takao Watanabe has been President and Chief Executive Officer since 2020 and served as Senior Managing Executive Officer and General Manager of Business Coordination Division at Goldwin Inc. since Apri...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Takao Watanabe	CEO, President & Representative Director	6.6yrs	JP¥108.00m	0.10% $ 1.9m
Michio Shirasaki	Executive VP	1.2yrs	no data	0.0074% $ 136.7k
Hikari Mori	Executive VP	1.2yrs	no data	0.018% $ 326.3k
Kunihiko Ishii	Executive Officer & Head of the Administration Division	less than a year	no data	no data
Yutaka Imai	Executive Officer	less than a year	no data	no data
Yoshihiro Takata	Corporate Officer	less than a year	no data	no data
Gen Arai	Senior Managing Executive Officer	3.6yrs	no data	0.013% $ 234.8k
Takero Kaneda	Senior Managing Executive Officer	3.6yrs	no data	0.0043% $ 78.4k
Shinji Kawada	MD, Senior Managing Executive Officer	3.6yrs	no data	0.0054% $ 98.6k
Yuji Sasaki	Executive Officer & Head of Procurement	no data	no data	no data

1.2yrs

Average Tenure

63yo

Average Age

Experienced Management: GWNC.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Takao Watanabe	CEO, President & Representative Director	20.3yrs	JP¥108.00m	0.10% $ 1.9m
Michio Shirasaki	Executive VP	4.6yrs	no data	0.0074% $ 136.7k
Hikari Mori	Executive VP	4.6yrs	no data	0.018% $ 326.3k
Gen Arai	Senior Managing Executive Officer	1.2yrs	no data	0.013% $ 234.8k
Takero Kaneda	Senior Managing Executive Officer	no data	no data	0.0043% $ 78.4k
Shinji Kawada	MD, Senior Managing Executive Officer	1.2yrs	no data	0.0054% $ 98.6k
Akio Nishida	Honorary Chairman	1.2yrs	no data	0.34% $ 6.2m
Dai Tamesue	Outside Independent Director	4.2yrs	no data	no data
Rie Akiyama	Independent Outside Director	7.2yrs	no data	no data
Osamu Sato	Audit & Supervisory Board Member	3.2yrs	no data	0.018% $ 330.9k
Akira Tsuchiya	Outside Independent Director	2.2yrs	no data	no data
Naoko Imoto	Outside Independent Director	2.2yrs	no data	no data

3.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: GWNC.F's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/23 10:24
End of Day Share Price	2026/06/22 00:00
Earnings	2026/06/30
Annual Earnings	2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Goldwin Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Arashi Nishizawa	BofA Global Research
Yingqiu Zhang	Citigroup Inc
Jun Kawahara	Daiwa Securities Co. Ltd.