The Ledger ResearchPrivate

The Front Office

Scouting report · 9022.T

Shunsuke Niwa

  • Representative Director & President, 9022.T since 2023-04src

JR Central career since 1989; Representative Director & President since April 2023

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question—no call reviewed yet
Capital allocation—company not reviewed yet
Pay design—no proxy read yet
Skin in the game—no holding or price on file
In the role
4 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 4

  • Holds 8,742 shares (about 0.001%) per the FY2026 yuho. The rise from 1,321 (2023-03) to 7,305 (2024-03) reflects the 5-for-1 split of October 2023, not a purchase; it has since grown by several hundred shares a yearsrc
  • Inside directors get no stock-based pay: the yuho breakdown shows only fixed pay (¥350m) and cash bonus (¥154m) for seven inside directors in FY2026, ¥504m in allsrc
  • The board delegates each director's pay amount to the President himself, within policy reviewed by the People and Compensation Committeesrc
  • His own pay is not disclosed: the yuho itemises only officers paid ¥100m or more and none is listed for JR Central. Japan has no say-on-pay vote or pay-ratio disclosuresrc

Career

  1. 2023-04 – now
    Central Japan Railway (JR Central)src
    Representative Director & President
  2. 2022-06 – 2023-04
    Central Japan Railway (JR Central)src
    Representative Director & Executive Vice President
    The FY2022 yuho lists his remit as the administrative divisions except the Business Promotion HQ (IRB-OFF)
  3. 2020-06 – 2022-06
    Central Japan Railway (JR Central)src
    Director, Managing Executive Officer (常務執行役員), General Manager of the General Planning Headquarters
  4. 2019-06 – 2020-06
    Central Japan Railway (JR Central)src
    Director, Executive Officer, General Manager of the General Planning Headquarters
  5. 2016-06 – 2019-06
    Central Japan Railway (JR Central)src
    Executive Officer, General Manager of Public Relations
  6. 2014-06 – 2016-06
    Central Japan Railway (JR Central)src
    General Manager, Personnel Department
  7. 2013-07 – 2014-06
    Central Japan Railway (JR Central)src
    Senior manager, Investment Planning Department, General Planning HQ
  8. 2010-07 – 2013-07
    Central Japan Railway (JR Central)src
    General Manager of Administration, Shinkansen Operations HQ
  9. 2001-07 – 2010-07
    Central Japan Railway (JR Central)src
    Tokyo PR office head (2001), then personnel posts: Shizuoka branch personnel section (2003), labour relations (2005-2008), head of the personnel section (2008)
  10. 1989-04 – 2001-07
    Central Japan Railway (JR Central)src
    Joined April 1989

Not located: 1989-2001 posts before the Tokyo PR office are not listed in the yuho 略歴 and were not located elsewhere

Achievements

  • First JR Central president to have joined the company after the 1987 privatisation of Japanese National Railwayssrc
  • Ran the General Planning Headquarters, the corporate planning division, from 2019 to 2022 before becoming EVP and then Presidentsrc
  • FY ended March 2026: revenue ¥2,006.2bn, operating income ¥830.2bn, net income ¥552.9bn (up 20.6%, a record per EDINET DB), reported ROE 11.4%src
  • Issued shares fell from 1,030.0m to 1,001.2m during FY2026, a cancellation of about 28.8m sharessrc
  • Built most of his career in personnel and labour relations, then PR, before corporate planningsrc

Education

  • University of Tokyo, Bachelor's Law (Faculty of Law)src

Background

  • Other Chairs the JR Group music federation and plays trumpet in the company music club, per profile pagessrc
  • Other Sits on the People and Compensation Committee (independent outside directors plus the President) and is delegated the individual director pay amounts by the boardsrc

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Sources

9
  1. Web search result IRBANK officer page for 丹羽俊介, copying the 略歴 and shareholdings from JR Central's yuho for the 39th period (FY 2025-04-01 to 2026-03-31); page fetched directly, the yuho itself was not reachable (EDINET egress-blocked) · 2026-09-24
  2. Web search result IRBANK 'Central Japan Railway (9022) officer list', copying each yuho's 役員の状況 (titles and shares held) for the years labelled 2014-03 to 2026-03; page fetched directly · 2026-09-24
  3. Web search result IRBANK 'Central Japan Railway (9022) director pay history', copying the yuho's 役員の報酬等 category totals 2014-03 to 2026-03; no officer is listed individually at ¥100m or more in any year shown; page fetched directly · 2026-09-24
  4. Data connector EDINET DB get_director_compensation(edinet_code=E04149, fiscal_year=2026) and (fiscal_year=2025): director pay by category and type (no names; officersOver100mByYear count null = not parsed) · 2026-09-24
  5. Data connector EDINET DB get_financials(edinet_code=E04149, years=3): FY ended 2026-03-31, yuho doc S100YD7H submitted 2026-06-22, JP GAAP consolidated · 2026-09-24
  6. Web search result WebSearch: 丹羽俊介 JR東海 社長 略歴 大学 出身 (summary of ja.wikipedia and profile pages: from Nagoya, Aichi Prefectural Asahigaoka High School, University of Tokyo Faculty of Law; joined 1989 and came up mainly through personnel; the first JR Central president who joined after the 1987 privatisation; chairs the JR Group music federation) · 2026-09-24
  7. Web search result WebSearch: JR東海 代表取締役および役員の異動について 2026年5月18日 (summary of the release signed by 代表取締役社長 丹羽俊介: Ataru Kimura and Atsushi Tsujimura become Representative Director & EVP on 2026-06-23; EVPs Akihiko Nakamura and Hiroshi Suzuki step down) · 2026-09-24
  8. Web search result WebSearch: JR東海 役員報酬 業績連動 賞与 決定方針 (summary of JR Central's Corporate Governance report updated 2026-06-23: a People and Compensation Committee of independent outside directors plus the President since February 2021; the board delegates individual pay amounts to the Representative Director & President within the policy) · 2026-09-24
  9. Web search result WebSearch: JR東海 株式分割 1株を5株 2023年10月1日 (summary of Nikkei and Kotsu Shimbun reports: 5-for-1 split effective 2023-10-01, announced 2023-08-22) · 2026-09-24