The Ledger ResearchPrivate

The Front Office

Scouting report · 8935.T

Yukiharu Hida

  • Representative Director & Chairman, Chairman Executive Officer (代表取締役会長 会長執行役員), 8935.T since 2019-06src

Founded FJ Next in 1980; Chairman, and President of the operating company

—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—1.78% of net income
Skin in the game—no holding or price on file
In the role
7 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 4

  • Founder control: his direct stake plus the two holding companies he is a director of came to about 49% in June 2024, close to a majority on their ownsrc
  • Succession stays in the family: the founder's son-in-law became President in 2024 while the founder kept the chair and the operating-company presidencysrc
  • Direct stake fell from 7.72m shares (22.29%) in the 2014-03 yuho table to 5.05m (14.59%) in 2026-03; the biggest step was 2019-03 (-3.56 points). The tables do not say whether shares were sold or moved to the family holding companiessrc
  • Pay is fixed: inside directors got no performance-linked pay in the year ended March 2025, yet he has drawn ¥165m-¥200m a year in every yuho from 2017-03 to 2026-03 (IRB-FEE)src

Career

  1. 2021-04 – now
    FJ Next Co., Ltd. (operating subsidiary)src
    Representative Director & President
    Still named President of the subsidiary in the 2023-09-21 release (TD-2023-09-21). Wikipedia dates the holding-company change to October 2021 (WS-wiki); the two dates were not reconciled
  2. 2019-06 – now
    FJ Next Co., Ltd., now FJ Next Holdings Co., Ltd.src
    Representative Director, Chairman & President; Chairman & Chairman Executive Officer after Atsushi Nagai became President
    The yuho career does not date the hand-over of the President title; Nagai is President in the 2021-03 yuho table (IRB-OFF)
  3. 2013-04 – now
    Resitech Corporation (株式会社レジテックコーポレーション)src
    Representative Director & President
    No end date and no (現任) mark in the yuho career
  4. 2008-01 – now
    FJ Resort Management Co., Ltd.src
    Representative Director & President (current)
  5. 2007-08 – now
    M.M. York Co., Ltd. (株式会社エム・エム・ヨーク) and Shoto Investment Club Co., Ltd. (株式会社松濤投資倶楽部)src
    Director of both (current)
    Both are large shareholders of FJ Next Holdings (WS-holders)
  6. 2002-04 – now
    FJ Community Co., Ltd.src
    Representative Director
    No end date in the yuho career; Keisuke Hida has been its President since April 2024
  7. 1997-02 – 2019-06
    FJ Next Co., Ltd.src
    Representative Director & President
  8. 1989-08 – 1997-02
    FJ Next Co., Ltd. (then 不動住販)src
    Director
  9. 1980-07 – 1989-08
    FJ Next Co., Ltd. (founded as 不動住販)src
    Founder, Representative Director
    Founding name from WS-wiki

Achievements

  • Founded the company in July 1980 at 28 and ran it as President from 1997 to 2019src
  • Still runs the main operating company, FJ Next Co., Ltd., as President under the holding-company structuresrc
  • The only officer individually disclosed at ¥100m+ pay in every yuho from 2014-03 to 2026-03; ¥178m for the year ended 2026-03src
  • Holds 5,049,800 shares (14.588%) directly per the 2026-03 yuho tablesrc
  • Group net income reached a record ¥10.0bn in the year ended March 2026src

Education

  • Kanagawa Universitysrc

Background

  • Family His eldest daughter's husband, Keisuke Hida, became President of FJ Next Holdings in June 2024src
  • Founder Founder. Besides his 15.58% direct stake, two companies of which he is a director, M.M. York (18.78%) and Shoto Investment Club (14.74%), were the first and third largest holders in the June 2024 governance report; together about 49%src
  • Boards Current posts outside the listed company per the yuho: President of FJ Resort Management and director of M.M. York and Shoto Investment Club; earlier Representative Director of FJ Community (from 2002) and Resitech (from 2013)src

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 肥田幸春 (E04032): copies the yuho officer table (career 略歴, title, shares held and ¥100m+ pay by year, 2014-03 to 2026-03) from the amended yuho for the 46th period (FY 2025-04-01 to 2026-03-31). Fetched directly; EDINET and EDINET DB get_directors are out of reach · 2026-09-24
  2. Web search result IRBANK 'FJネクスト HD (8935) officer list': copies the yuho director tables (titles and shares held), yuho years 2014-03 to 2026-03. Fetched directly · 2026-09-24
  3. Web search result IRBANK 'FJネクスト HD (8935) director pay history': copies the yuho per-category director pay totals and the officers individually disclosed at ¥100m or more, FY ended March 2014 to March 2026. Fetched directly · 2026-09-24
  4. Data connector EDINET DB get_director_compensation(edinet_code=E04032, fiscal_year=2025): FY ended 2025-03-31, directors excluding audit-committee members (4): fixed ¥231m, non-monetary ¥8m, total ¥239m; no performance-linked cash, bonus or share-based pay rows
  5. Data connector EDINET DB get_financials(edinet_code=E04032, years=2): FY ended 2026-03-31 (yuho S100YKKI, filed 2026-06-25) J-GAAP net income ¥10,010m, flagged a record; FY ended 2025-03-31 ¥6,483m
  6. Filing FJ Next Holdings TDnet release 'Organisation change and personnel changes at consolidated subsidiary FJ Next Co., Ltd.' (2023-09-21), names 肥田幸春 as the subsidiary's Representative Director & President; copy hosted by ifis · 2023-09-21
  7. Web search result WebSearch: 肥田幸春 FJネクスト 創業者 経歴 (summary of Japanese Wikipedia: born 1952, Kanagawa University; founded 不動住販 in July 1980 at 28, renamed エフ・ジェー・ネクスト in June 1991; holding-company structure from October 2021 with the listed company renamed FJ Next Holdings) · 2026-09-24
  8. Web search result WebSearch: FJネクストホールディングス 肥田恵輔 社長就任 (summaries of Zenchin and Nikkei, 2024-03: the President is the husband of the Chairman's eldest daughter) · 2026-09-24
  9. Web search result WebSearch: FJネクストホールディングス 大株主 エム・エム・ヨーク 松濤投資倶楽部 (summary of the corporate governance report updated 2024-06-26: エム・エム・ヨーク 6,146,140 shares 18.78%, 肥田幸春 5,099,800 shares 15.58%, 松濤投資倶楽部 4,824,000 shares 14.74%) · 2026-09-24