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JAC Recruitment (2124) · RiskVoting rights have declined, but management involvement continues

Dependence on Specific Individuals, Such as the Founder and Chairman

First written in FY2019. 3 of 7 entries say "Worsened", first in FY2021. Latest entry: FY2025.

7entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019MitigatedFY2020WorsenedFY2021 – FY2022MitigatedFY2023WorsenedFY20242020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Risk of Dependence on the Founding DirectorA theme 78 companies write about · 78 as a headwind · 0 as a tailwind

JAC Recruitment moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).

The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 78 companies compared. The sentences above are computed from all 78.
Full recordFilings, disclosures and news, newest first
  1. FY2025Voting rights have declined, but management involvement continuesAnnual report

    「The two individuals continue to play important roles in determining and implementing management policies and business strategies. As of the end of the current consolidated fiscal year, they collectively held 33.57% of the total voting rights in the company.」

    Although their voting rights ownership has declined, the founder and Representative Director, Chairperson and President continue to play important roles in management policies and business strategies.
  2. FY2024WorsenedAnnual report

    「The two individuals continue to play important roles in determining and implementing management policies and business strategies. As of the end of the current consolidated fiscal year, they collectively held 34.39% of the total voting rights in the company.」

    The founder and Representative Director, Chairperson and President play important roles in management policies and business strategies, and their voting rights ownership stands at 34.39%.
  3. FY2023MitigatedAnnual report

    「To address this risk, we are developing senior personnel, sharing information and delegating authority. Pursuant to a resolution at the 35th Annual General Meeting of Shareholders held on 24 March 2022, the company changed from a company with a board of corporate auditors and a board of corporate auditors to a company with an Audit and Supervisory Committee.」

    While disclosing that dependence on specific individuals continues, the company describes measures including the development of senior personnel, information sharing, delegation of authority and the change to a company with an Audit and Supervisory Committee.
  4. FY2022WorsenedAnnual report

    「Tasaki Tadayoshi (田崎忠良), the company’s senior corporate adviser and director, is the founder of the Group. Tasaki Hiromi (田崎ひろみ), Representative Director, Chairperson and President, has long served as the head of the recruitment business, the Group’s core business. The two individuals continue to play important roles in determining and implementing management policies and business strategies.」

    The company discloses that the founder and Representative Director, Chairperson and President continue to play important roles in determining and implementing management policies and business strategies.
  5. FY2021WorsenedAnnual report

    「The two individuals continue to play important roles in determining and implementing management policies and business strategies. As of the end of the current consolidated fiscal year, they collectively held 38.42% of the total voting rights in the company.」

    Tasaki Tadayoshi (田崎忠良) and Tasaki Hiromi (田崎ひろみ) continue to play important roles in management policies and business strategies, and their combined voting rights ownership stands at 38.42%. Meanwhile, the company has established a monitoring structure through the Board of Directors and the Audit and Supervisory Committee.
  6. FY2020MitigatedAnnual report

    「To address this risk, we are developing senior personnel, sharing information and delegating authority. Management decisions are made by the Board of Directors, which comprises 8 directors: the two individuals, Representative Director and President Matsuzono Ken (松園健), Representative Director and Executive Vice President Hattori Hiroo (服部啓男), Director Yamada Hiroki (山田広記), Director Togo Shigeoki (東郷重興), Director Kase Yutaka (加瀬豊), and Director Gunter Zorn. In addition, 3 outside corporate auditors attend Board of Directors meetings, and we have established a governance structure to monitor whether arbitrary judgments are being made in Board decisions and other matters.」

    In response to the risk of dependence on specific individuals, the company specifically describes a decision-making and monitoring structure comprising an 8-member Board of Directors and 3 outside corporate auditors, in addition to developing senior personnel, sharing information and delegating authority.
  7. FY2019First statedAnnual report

    「Our Group is developing senior personnel, sharing information and delegating authority to establish a structure that does not depend on specific individuals. However, if either of the two individuals becomes unable to perform their duties for any reason, the Group’s business operations could be seriously disrupted.」

    The company has, for the first time, separately disclosed the risk of dependence arising from the founder, who serves as senior corporate adviser and director, and the chairperson, who play important roles in management policies and business strategies. It cites the development of senior personnel, information sharing and delegation of authority as countermeasures.
Moved together

"The Influence of Major Shareholders and Founders on Voting Rights and Board Oversight" moved the same way as this thread, in the same document, in 4 of its 7 moves.

442222★123456
  1. ★This thread
  2. 1The Influence of Major Shareholders and Founders on Voting Rights and Board Oversight4×
  3. 2Goodwill Impairment Due to Deterioration in the Performance of シー・シー・コンサルティング4×
  4. 3Increasing the number of consultants while maintaining productivity2×
  5. 4Improving management resource efficiency through recruitment and other systems2×
  6. 5Uncertainty Over the Economic Outlook Stemming from Overseas Instability2×
  7. 6Enhancing Employee Benefits and Medium- to Long-Term Corporate Value through an ESOP Trust for Share Grants2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for JAC Recruitment yet.
News
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Dependence on Specific Individuals, Such as the Founder and Chairman | JAC Recruitment Co.,Ltd. (2124) | Komori