Dependence on the founder and representative director
First written in FY2020. 1 of 3 entries say "Mitigated", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Maeda Hiroshi (前田浩), our Representative Director and President, is the founder of the Company and plays an important role in its management across a wide range of areas, including the formulation and execution of management policies and sales strategies. We are working to operate the business through measures such as delegating authority and promoting a collective decision-making system in order to establish a management structure that is not excessively dependent on him.」
Dependence on the founder and the response through delegation of authority and a collective decision-making system have been reaffirmed. - FY2021MitigatedAnnual report
「We are working to operate the business through measures such as delegating authority and promoting a collective decision-making system in order to establish a management structure that is not excessively dependent on him. However, if he becomes unable to participate in the management of the Company for any reason, this may affect our business operations and performance because of disruptions to our operations.」
Although the risk of dependence on the founder remains, measures involving the delegation of authority and promotion of a collective decision-making system are explicitly described. - FY2020First statedAnnual report
「Maeda Hiroshi (前田浩), our Representative Director and President, is the founder of the Company and plays an important role in its management across a wide range of areas, including the formulation and execution of management policies and sales strategies.」
The risk of dependence on the founder, who serves as Representative Director and President and plays an important role in management policies and sales strategies, is described.