Dependence on the Founder and Representative Director
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2018DroppedAnnual reportThe individual risk disclosure concerning dependence on the founder and Representative Director, which had been included through the previous fiscal year, could no longer be found in the "Business and Other Risks" section for the current fiscal year.
- FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The disclosure states that there has been no new occurrence or material change concerning dependence on the founder and Representative Director. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The disclosure states that there has been no new occurrence or material change concerning dependence on the founder and Representative Director. - FY2018-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there has been no new occurrence or material change concerning dependence on the founder and Representative Director. - FY2017RestatedAnnual report
「At our company, founder and Representative Director and President Watanabe Tetsuo (渡邉哲男) plays an important role in determining our management policies and business strategies and in advancing our business. We are working to establish a management structure that does not depend excessively on him. However, if for any reason he becomes unable to continue performing his duties, this could affect our business and operating results.」
The company reconfirmed its dependence on the founder, Representative Director and President in setting management policies, formulating business strategies and advancing the business, as well as the risk of his absence. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The disclosure states that there has been no new occurrence or material change concerning dependence on the founder and Representative Director. - FY2016First statedAnnual report
「At our company, founder and Representative Director and President Watanabe Tetsuo (渡邉哲男) plays an important role in determining our management policies and business strategies and in advancing our business. We are working to establish a management structure that does not depend excessively on him. However, if for any reason he becomes unable to continue performing his duties, this could affect our business and operating results.」
The disclosure states that the Representative Director and President plays an important role in management policies, business strategy and business execution, and describes the risk of his absence.