The Front Office

Scouting report · 8035.T

Toshiki Kawai

  • Representative Director, President & CEO, 8035.T since 2016-01src

Tokyo Electron lifer since 1986; President & CEO since January 2016

—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 design80revenue, roe · 0.36% of net income
Skin in the game—no holding or price on file
In the role
11 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 3

  • Paid ¥2.05bn for the year to March 2026, about 30% more than the year before and his highest since individual disclosure began; fixed pay was ¥108m and the rest performance-linked cash and stock options. That is about 0.36% of the year's ¥574.5bn net incomesrc
  • The board made Hiroshi Ishida Senior EVP & Representative Director in June 2026 and COO from July 2026, the post Kawai held before he became CEO. The company has not named a successorsrc
  • Japanese filings carry no say-on-pay vote or CEO pay ratio, and the yuho's pay-policy text could not be read this pass: EDINET DB withdrew get_compensation_text from MCP on 2026-09-17, and EDINET and tel.com are blocked by this environment's egress proxysrc

In their favour 1

  • Directly held shares rose in every yuho from 13,900 (2022-03) to 31,400 (2023-03), about 110,000 (2024-03), 120,000 (2025-03) and 150,000 (2026-03). Counts are as filed and not split-adjustedsrc

Career

  1. 2016 – now
    Tokyo Electronsrc
    Representative Director, President & CEO
    From 2016-01 per the FY2018 yuho career
  2. 2015 – 2016
    Tokyo Electronsrc
    Director, Executive Vice President & COO
    From 2015-06
  3. 2012 – 2015
    Tokyo Electronsrc
    Corporate officer; General Manager, Surface Preparation Systems Business Unit
    From 2012-04
  4. 2010 – 2012
    Tokyo Electronsrc
    Corporate officer (執行役員); General Manager of the Thermal Processing Systems BU and of the Single Wafer Deposition BU
    Made a corporate officer 2010-10; the yuho lists both BU posts under that date without separate dates
  5. 1986 – 2010
    Tokyo Electronsrc
    Joined 1986-04; about ten years at the Osaka branch, then about six years posted to the UK and Germany, later head of business planning (事業企画部長)
    Joining date 1986-04 is in IRB-K18; the postings and their years come only from the search summary

Achievements

  • Has run Tokyo Electron for over ten years, since January 2016, after seven months as COO; a company career since 1986src
  • Before the top job he ran three product business units in turn from 2010 to 2015: thermal processing, single-wafer deposition and surface preparation (cleaning)src
  • FY ended March 2026: revenue ¥2,443.5bn, operating income ¥624.9bn, net income ¥574.5bn (a record per EDINET DB), reported ROE 29.6%src
  • The medium-term plan he runs targets sales of ¥3tn or more, operating margin of 35% or more and ROE of 30% or moresrc
  • Spent about six years posted to the UK and Germany from the late 1990ssrc

Education

  • Meiji University, Bachelor's Business Administration (School of Business Administration) (1986)src

Background

  • Boards Chairman of the Semiconductor Equipment Association of Japan (SEAJ) per a trade-press interview headline; term dates not establishedsrc

The promise ledger

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

Sources

10
  1. Web search result IRBANK officer page for 河合利樹, reproducing the 略歴 from Tokyo Electron's yuho for the 55th period (FY ended 2018-03-31, EDINET doc S100D6W6); page fetched directly, the yuho itself was not reachable · 2026-09-24
  2. Web search result IRBANK 'Tokyo Electron (8035) officer list', directors' shareholdings by yuho year 2022-03 to 2026-03 (from 役員の状況); page fetched directly · 2026-09-24
  3. Web search result IRBANK 'Tokyo Electron (8035) director pay history', including the officers individually disclosed at ¥100m or more per yuho year; page fetched directly · 2026-09-24
  4. Data connector EDINET DB get_director_compensation(edinet_code=E02652): director pay by category and type, FY2024-FY2026 (no names; individual pay not itemised in this tool) · 2026-09-24
  5. Data connector EDINET DB get_financials(edinet_code=E02652, years=1): FY ended 2026-03-31, yuho doc S100YEOO submitted 2026-06-22, JP GAAP · 2026-09-24
  6. Web search result WebSearch: 河合利樹 役員報酬 有価証券報告書 2026年3月期 (summary of Nikkei 2026-06-22: FY2026 pay ¥2.05bn, about 30% up; fixed pay ¥108m; the rest performance-linked and stock options; his highest since individual disclosure began) · 2026-09-24
  7. Web search result WebSearch: 河合利樹 東京エレクトロン 略歴 1986年入社 大学 (summary of Meiji University 140th-anniversary interview and ja.wikipedia: Osaka-born, Meiji University School of Business Administration 1986, joined TEL 1986, about ten years at the Osaka branch, then about six years in the UK and Germany from the late 1990s) · 2026-09-24
  8. Web search result WebSearch result headline: '日本半導体製造装置協会 会長 河合 利樹 氏(東京エレクトロン社長・CEO)', Nippon Butsuryu Shimbun opinion page (page not fetched; date not established) · 2026-09-24
  9. Web search result WebSearch: Tokyo Electron executive compensation performance-linked indicators (summary: performance-linked pay ties financial KPIs, named as sales, profit and ROE, to medium-term plan targets; stock-compensation-type stock options issued as medium/long-term performance-linked and as non-performance-linked pay; plan targets sales ¥3tn+, operating margin 35%+, ROE 30%+) · 2026-09-24
  10. Web search result WebSearch: Tokyo Electron President CEO Toshiki Kawai 2026 / CFO 2026 (summaries of TEL's 2026-06-01 'Announcement on Organization Changes and Personnel Changes': Hiroshi Ishida Senior EVP & Representative Director from 2026-06-23 and COO from July 2026; a CFO post created; Kawai continues as President & CEO) · 2026-09-24