Dependence on the Founder and Representative Director
First written in FY2018. 4 of 6 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
「Usui Muneaki (薄井 宗明), the Company's Representative Director and Chairman, is the founder of the Company. As of the end of the fiscal year (30 September 2024), he was the largest shareholder, owning 932,900 of the 2,747,000 issued shares (shareholding ratio: 33.96%), and, as Representative Director, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The Company continues to disclose the structure in which the founder and Representative Director and Chairman plays an important role, as well as measures to avoid excessive dependence through collective decision-making and delegation of authority. The shareholding ratio is now 33.96%. - FY2023ReframedAnnual report
「Usui Muneaki (薄井 宗明), the Company's Representative Director and Chairman, is the founder of the Company. As of the end of the fiscal year (30 September 2023), he was the largest shareholder, owning 960,000 of the 2,711,800 issued shares (shareholding ratio: 35.40%), and, as Representative Director, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The founder's title changed from Representative Director to Representative Director and Chairman, and the number of shares held and shareholding ratio after the stock split were disclosed. Measures to avoid excessive dependence through collective decision-making and delegation of authority continue. - FY2022RestatedAnnual report
「Usui Muneaki (薄井 宗明), the Company's Representative Director, is the founder of the Company. As of the end of the fiscal year (30 September 2022), he was the largest shareholder, owning 480,000 of the 1,346,700 issued shares (shareholding ratio: 35.64%), and, as Chief Executive Officer, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The Company continues to disclose its dependence on the founder and Representative Director. The shareholding ratio is 35.64%, and collective decision-making and delegation of authority are described as countermeasures. - FY2020RestatedAnnual report
「Usui Muneaki (薄井 宗明), the Company's Representative Director, is the founder of the Company. As of the filing date of this document, he was the largest shareholder, owning 480,000 of the 1,311,450 issued shares (shareholding ratio: 36.60%), and, as Chief Executive Officer, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The Company continues to disclose its dependence on the founder and Representative Director. The shareholding ratio is 36.60%, and collective decision-making and delegation of authority are described as countermeasures. - FY2019RestatedAnnual report
「Usui Muneaki (薄井 宗明), the Company's Representative Director, is the founder of the Company. As of the filing date of this document, he was the largest shareholder, owning 494,000 of the 1,305,300 issued shares (shareholding ratio: 37.84%), and, as Chief Executive Officer, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The Company continues to disclose its dependence on the founder and Representative Director. The shareholding ratio is 37.84%, and collective decision-making and delegation of authority are described as countermeasures. - FY2018First statedAnnual report
「Usui Muneaki (薄井 宗明), the Company's Representative Director, is the founder of the Company. As of the filing date of this document, he was the largest shareholder, owning 494,000 of the 1,303,300 issued shares (shareholding ratio: 37.90%), and, as Chief Executive Officer, plays an important role in the Company's business activities, including decisions on management policies and strategies.」
The Company describes initiatives to promote collective decision-making and delegation of authority and avoid excessive dependence.