Dependence on the Representative Director
First written in FY2022. 3 of 5 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2017: 3 of 16 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「At the General Meeting of Shareholders held in June 2025 and the Board of Directors meeting following the General Meeting, the Company adopted a structure with multiple Representative Directors. This will enable it to develop a structure that is not dependent on the founder. It is also achieving continuous and stable management by documenting its internal decision-making procedures and clarifying roles and responsibilities.」
The multiple-Representative-Director structure planned in the previous fiscal year was implemented, and documenting decision-making procedures and clarifying roles and responsibilities were added as countermeasures. - FY2025MitigatedAnnual report
「At the General Meeting of Shareholders scheduled for June 2025 and the Board of Directors meeting following the General Meeting, the Company plans to adopt a structure with multiple Representative Directors. This will enable it to develop a structure that is not dependent on the founder.」
As a countermeasure to the risk of dependence on the Representative Director, the Company specified plans to adopt a multiple-Representative-Director structure in June 2025, with Osada Osamu (長田 修) as Representative Director, Chairman and Executive Officer, and Funai Wataru (舩井 渉) as Representative Director, President and Executive Officer. - FY2024RestatedAnnual report
「The Company is working to establish a management structure that is not excessively dependent on Osada Osamu (長田 修) by promoting information sharing among directors and senior employees and strengthening its management organization. However, if Osada Osamu (長田 修) becomes unable to perform his duties for any reason, the Company's business results and financial condition may be affected.」
The Company continues to disclose the risk of dependence on the Representative Director and the countermeasures of information sharing among directors and senior employees and strengthening the management organization. - FY2023MitigatedAnnual report
「The Company is working to establish a management structure that is not excessively dependent on Osada Osamu (長田 修) by promoting information sharing among directors and senior employees and strengthening its management organization.」
While continuing to identify dependence on the founder and Representative Director as a risk, the Company explicitly identifies information sharing among directors and senior employees and the strengthening of its management organization as countermeasures. - FY2022First statedAnnual report
「Osada Osamu (長田 修), the Company's Representative Director, is its founder and, since its establishment, has determined management policies and strategies as a member of management and played an important role through the commercialization of new businesses.」
The note identifies dependency on the founder and Representative Director, who plays an important role in management policies, strategy and the commercialization of new businesses, as a risk.