Risk of an impact on business performance following the arrest and resignation of the Representative Director and Chairman
First written in FY2021-Q2. 1 of 2 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2022-Q3.
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- FY2022-Q3Position changed to Representative Director and ChairmanAnnual report
「Mizuno Taizo (水野 泰三) Representative Director and Chairman; Director and Honorary Chairman; 9 March 2022」
Mizuno Taizo (水野泰三) changed from Director and Honorary Chairman to Representative Director and Chairman effective 9 March 2022. - FY2021-Q2MaterialisedAnnual report
「On 10 February 2021, the Company's representative director and chairman was arrested by the Aichi Prefectural Police's Naka Police Station on suspicion of causing injury through indecent assault, theft and assault. Following the arrest, he offered to resign as a director because he was unable to fully perform his duties as a director. The Board of Directors passed a resolution at its meeting held on 12 February 2021 and accepted his resignation. The matter remains under investigation, and although future developments may affect the Company's business performance, the impact is unknown at this time.」
The arrest of the representative director and chairman and the acceptance of his offer to resign as a director were disclosed. The Company stated that future developments may affect its business performance, although the impact is unknown at this time.