Reliance on a Specific Individual Who Is the Founder and Largest Shareholder
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
116 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Takahashi Iwao (髙橋 巖) Higashikagura Town, Kamikawa County, Hokkaido 305,000 40.05」
Takahashi Iwao (髙橋巖), the founder and largest shareholder, held a 40.05% ownership interest, and the concentration of shareholdings in a specific individual continued. - FY2025RestatedAnnual report
「As of the end of the consolidated fiscal year, he was the largest shareholder, holding 40.04% of the total number of shares issued by the Company.」
The founder and representative director and chairman is the largest shareholder, holding 40.04%, and the risk of dependence on a specific individual and policies to reduce that dependence continue. - FY2021RestatedAnnual report
「As of the end of the consolidated fiscal year, he was the largest shareholder, holding 40.04% of the total number of shares issued by the Company.」
The founder and representative director and chairman is the largest shareholder, holding 40.04%, and the risk of dependence on a specific individual and policies to reduce that dependence continue. - FY2019RestatedAnnual report
「As of the end of the fiscal year, he was also our largest shareholder, holding 40.02% of the total number of shares issued by the company.」
The founder and representative director and chairman is the largest shareholder, and the risk of dependence on a specific individual and policies to reduce that dependence continue to be disclosed. - FY2018RestatedAnnual report
「As of the end of the fiscal year, he was also our largest shareholder, holding 40.02% of the total number of shares issued by the company.」
The founder and representative director and chairman is the largest shareholder, holding 40.02%, and the risk of dependence on a specific individual and policies to reduce that dependence continue to be disclosed. - FY2016First statedAnnual report
「As of the end of the fiscal year, he was also our largest shareholder, holding 40.02% of the total number of shares issued by the company.」
To reduce dependence on the representative director and chairman, the company is transferring day-to-day management execution to the president and improving the capabilities of its officers and employees.