Dependence on a Specific Executive
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
116 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「We are working to strengthen our management structure and reduce our dependence on this individual, but we still believe that our dependence on him remains high.」
While working to reduce dependence through a stronger management structure, the company continues to recognize that dependence on the representative director remains high. - FY2020RestatedAnnual report
「We are working to strengthen our management structure and reduce our dependence on this individual, but we still believe that our dependence on him remains high.」
While stating its policy of reducing dependence on a specific executive, the company continues to recognize that its dependence remains high. - FY2019First statedAnnual report
「We believe that our dependence on this individual will remain high for the time being. In these circumstances, if this individual leaves office for any reason and it becomes difficult to recruit a successor, our financial condition and operating performance could be affected.」
The company explicitly identifies as risks its dependence on the founder and representative director for management policy and business strategy, and difficulty recruiting a successor if he leaves office.