Dependence on the founder and representative director
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Accordingly, the company is working to establish its organizational structure, including by developing internal control systems and training personnel, so that it does not become excessively dependent on him.」
The company continues to identify the risk of dependence on its founder and its policy of reducing that dependence through internal control systems and personnel development. - FY2023RestatedAnnual report
「The company is in the process of transitioning to an organizational structure that does not depend excessively on him, and if unforeseen circumstances make it difficult for him to carry out executive operations, the company’s operating results and financial position could be affected.」
The company continues to identify the risk of dependence on its founder and its policy of reducing that dependence through internal control systems and personnel development. - FY2022First statedAnnual report
「The company’s founder and Representative Director and President, Banno Hiroyuki (伴野 博之), has played an important role in decisions on management policies and strategies since the company was established. The company does not anticipate that he will leave executive operations, but is working to strengthen its internal structure so that it does not become excessively dependent on him.」
The company states that its founder has played an important role in decisions on management policies and strategies and describes efforts to establish an organizational structure that limits dependence on him.