HORIBA, Ltd.

OTCPK:HRIB.F Stock Report

Market Cap: US$5.9b

HORIBA Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Masayuki Adachi

Chief executive officer

JP¥213.0m

Total compensation

CEO salary percentage17.84%
CEO tenure12.7yrs
CEO ownership0.06%
Management average tenureno data
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Masayuki Adachi's remuneration changed compared to HORIBA's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

JP¥43b

Mar 31 2026n/an/a

JP¥38b

Dec 31 2025JP¥213mJP¥38m

JP¥37b

Sep 30 2025n/an/a

JP¥38b

Jun 30 2025n/an/a

JP¥36b

Mar 31 2025n/an/a

JP¥35b

Dec 31 2024JP¥218mJP¥30m

JP¥34b

Sep 30 2024n/an/a

JP¥33b

Jun 30 2024n/an/a

JP¥34b

Mar 31 2024n/an/a

JP¥34b

Dec 31 2023JP¥197mJP¥30m

JP¥40b

Sep 30 2023n/an/a

JP¥40b

Jun 30 2023n/an/a

JP¥42b

Mar 31 2023n/an/a

JP¥42b

Dec 31 2022JP¥193mJP¥30m

JP¥34b

Sep 30 2022n/an/a

JP¥28b

Jun 30 2022n/an/a

JP¥24b

Mar 31 2022n/an/a

JP¥23b

Dec 31 2021JP¥131mJP¥30m

JP¥21b

Sep 30 2021n/an/a

JP¥19b

Jun 30 2021n/an/a

JP¥17b

Mar 31 2021n/an/a

JP¥15b

Dec 31 2020JP¥132mJP¥28m

JP¥13b

Sep 30 2020n/an/a

JP¥15b

Jun 30 2020n/an/a

JP¥15b

Mar 31 2020n/an/a

JP¥15b

Dec 31 2019JP¥134mJP¥30m

JP¥15b

Compensation vs Market: Masayuki's total compensation ($USD1.38M) is below average for companies of similar size in the US market ($USD8.43M).

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

CEO

Masayuki Adachi (64 yo)

12.7yrs
Tenure
JP¥213,000,000
Compensation

Dr. Masayuki Adachi, Ph.D. has been President at HORIBA, Ltd since January 2018 and served as its COO until 2025. He served as Senior Managing Director at HORIBA, Ltd from April 14, 2016 to January 2018. H...

Board Members

NamePositionTenureCompensationOwnership
Atsushi Horiba
Chairman & Group CEO44.3yrsJP¥457.00m2.63%
$ 154.3m
Masayuki Adachi
President & Director12.7yrsJP¥213.00m0.058%
$ 3.4m
Juichi Saito
Executive Vice Chairman & Group COO21.7yrsJP¥258.00m0.067%
$ 4.0m
Koji Koyama
Senior MDless than a yearno datano data
Haruyuki Toyama
Non-Executive Independent Director5.5yrsno data0.0014%
$ 85.0k
George Gillespie
Director1.5yrsJP¥122.00m0.022%
$ 1.3m
Hitoshi Motokawa
Full- Time Audit & Supervisory Board Member2.5yrsno data0.012%
$ 711.2k
Dan Horiba
Director1.5yrsno data1.54%
$ 90.1m
Tomoko Tanabe
Independent Non-Executive Director3.5yrsno data0.0035%
$ 206.4k
Keiji Yamada
Outside Audit & Supervisory Board Member6.5yrsno data0.0042%
$ 248.0k
Fumihiko Matsuda
Non-Executive Independent Director5.5yrsno data0.0023%
$ 136.0k
Sayoko Kawamoto
Outside Independent Audit & Supervisory Board Member3.5yrsno datano data
4.5yrs
Average Tenure
65yo
Average Age

Experienced Board: HRIB.F's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 15:37
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the 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

HORIBA, Ltd. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masahiro NakanomyoBarclays
Tatsuhiro TamuraBofA Global Research
Masahiro ShibanoCitigroup Inc