Dependence on a Specific Individual and Successor Development
First written in FY2021-Q2. 2 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2026: 10 of 75 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Effective 27 March 2024, the Representative Director and President changed from Murakami Tsuneo (村上恒夫) to Azuma Naoki (東直樹), while Azuma Naoki (東直樹) changed from Managing Director to Representative Director and President.」
The Representative Director and President changed from Murakami Tsuneo (村上恒夫), who had led management for many years, to Azuma Naoki (東直樹), giving concrete form to reduced dependence on a particular individual and the decentralization of decision-making. - FY2023MitigatedAnnual report
「Murakami Tsuneo (村上恒夫), the Company's current Representative Director and Chairman, led the management of the Group for many years. In March 2024, Azuma Naoki (東直樹) became Representative Director and President, and decision-making on the formulation and implementation of the Group's business plans has also been decentralized.」
The Company disclosed the change in Representative Director and President and the decentralization of decision-making, giving concrete form to efforts to reduce dependence on a particular individual. At the same time, dependence on Murakami Tsuneo (村上恒夫) continues to be disclosed as a going-concern risk. - FY2021RestatedAnnual report
「The Company is systematically developing successors and training directors and senior employees, while also strengthening the corporate planning function and developing an organizational structure that does not rely excessively on any particular individual.」
The Company continues to address the risk of dependence on the Representative Director through successor development, director training, and strengthening the corporate planning function. - FY2021-Q2First statedAnnual report
「Murakami Tsuneo (村上恒夫), the current Representative Director, has led the management of the Group for many years and plays an extremely important role in formulating and implementing business plans.」
The Company identifies its dependence on the current Representative Director in formulating and implementing business plans as a risk, and has outlined measures to reduce this dependence by developing successors, training directors and senior employees, and strengthening the corporate planning function.