Komori
Restar (3156) · RiskMitigated

Dependence on the representative director and CEO and successor development

First written in FY2021. 3 of 6 entries say "Reframed", first in FY2023. Latest entry: FY2026.

6entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021ReframedFY2023 – FY2025-H12021: 120212022: 020222023: 120232024: 220242025: 120252026: 12026
Same theme, other companies
Reducing Dependence on the Representative Director through Executive Succession DevelopmentA theme 10 companies write about · 1 as a headwind · 9 as a tailwind

Restar moved to the "Worse" side of this theme in 2023.

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

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「During the fiscal year, in connection with the formulation of a succession plan and from the perspective of enhancing corporate value over the short, medium and long term, the company established multiple requirements, comprising the following elements, for the qualities expected of management personnel of the group, including the company.」

    In response to the risk of dependence on the Representative Director and Chairman, CEO, the company has defined requirements for successor candidates and is preparing a succession plan under which candidates are scheduled to be selected and evaluated in fiscal 2026.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states in its risk disclosures for the interim consolidated accounting period that there were no new risks or material changes to existing risks.
  3. FY2025-H1ReframedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that, with respect to business and other risks for the interim consolidated accounting period, there were no new risks or material changes to the risks described in the previous fiscal year.
  4. FY2024ReframedAnnual report

    「There is a risk that achievement of the group vision depends on the decisions of Representative Director, Chairman and President Konno Kunhiro (今野邦廣). If Mr. Konno were to leave unexpectedly, the company's operating performance and financial position could be adversely affected. With the aim of achieving sustainable growth and evolution, the company is working to establish a structure capable of delivering long-term management with a view to the future through management led by multiple representative directors. This structure also includes the development of successors.」

    The company reiterates the risk of dependence on the CEO and also describes the chairman-and-president structure, multiple representative directors, and the development of succession plans and personnel requirements.
  5. FY2023ReframedAnnual report

    「There is a risk that achievement of the group vision depends on the decisions of Representative Director, Chairman and President, CEO Konno Kunhiro (今野邦廣). If Mr. Konno were to leave unexpectedly, the company's operating performance and financial position could be adversely affected. With the aim of achieving sustainable growth and evolution, the company is working to establish a structure capable of delivering long-term management with a view to the future through innovative group management led by multiple representative directors who share the group's principles and vision.」

    The company reiterates its recognition of the risks of dependence on the CEO and successor development, and also states that his title has changed to Representative Director, Chairman and President, CEO, alongside the transition to a new management structure with multiple representative directors.
  6. FY2021First statedAnnual report

    「There is a risk that achievement of the group vision depends on the decisions of Representative Director and CEO Konno Kunhiro (今野邦廣). If Mr. Konno were to leave unexpectedly, the company's operating performance and financial position could be adversely affected. With the aim of achieving sustainable growth and evolution, the company is working to establish a structure capable of delivering long-term management with a view to the future through innovative group management led by multiple representative directors who share the group's principles and vision. This structure also includes the development of successors.」

    The company explicitly identifies dependence on the CEO's decisions and the impact of his departure as risks, and presents a structure with multiple representative directors and successor development as countermeasures.
Moved together

"Global semiconductor supply-demand tightness and procurement risks" moved the same way as this thread, in the same document, in 3 of its 6 moves.

332222★123456
  1. ★This thread
  2. 1Global semiconductor supply-demand tightness and procurement risks3×
  3. 2Globalization of the Electronics Industry and Expansion of Emerging Markets3×
  4. 3Risk of equipment failures, pests and diseases, and product defects at plant factories2×
  5. 4Four-reporting-segment structure after the business integration2×
  6. 5Stable and continuous dividends with a total payout ratio of 50% or more2×
  7. 6Foreign Exchange Volatility Associated with Global Operations2×

★ 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
Restar's next results are scheduled for 2026-11-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on the representative director and CEO and successor development | Restar Corporation (3156) | Komori