Dependence on the Representative Director and President
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「We have established a ranking among the directors to prevent confusion in the event of an accident or other incident.」
The company has added the establishment of a ranking among the directors as a measure to address the risk of dependence on the representative director and president. - FY2019RestatedAnnual report
「We are promoting collective decision-making and delegation of authority so that we do not become excessively dependent on him.」
The company continues to pursue collective decision-making and delegation of authority to reduce dependence on the representative director and president. - FY2018RestatedAnnual report
「Hanawa Keiji (塙圭二), our representative director and president, plays an important role in business activities as chief executive officer, including determining management policies and strategies.」
The company continues to describe its dependence on the representative director and president and its policy of addressing this through collective decision-making and delegation of authority. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the risk of dependence on the representative director and president. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in the risk of dependence on the representative director and president. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risk of dependence on the representative director and president. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risk of dependence on the representative director and president. - FY2016First statedAnnual report
「Hanawa Keiji (塙圭二), our representative director and president, plays an important role in business activities as chief executive officer, including determining management policies and strategies.」
While promoting a collective decision-making structure and delegation of authority, the company describes the potential impact if the president becomes unable to perform his duties.