Dependence on a small number of business drivers
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2020: 5 of 14 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Because the Group is a small organization, it tends to rely heavily on the heads of each division to advance its business strategy, and if securing and training personnel do not proceed as expected or personnel leave the company, the Group's ability to advance its business strategy may be hindered.」
The company reiterates its dependence on a small number of business drivers and the need to secure and train personnel. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2019-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2018RestatedAnnual report
「Because the Group is a small organization, it tends to rely heavily on the heads of each division to advance its business strategy.」
The company reiterates its dependence on a small number of business drivers and the challenge of establishing an organizational management structure. - FY2018-Q4RestatedAnnual report
「There were no material changes during the nine months ended December 31 to the business and financial issues that the Group needs to address as a priority.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2018-Q3RestatedAnnual report
「There were no material changes during the second quarter of the current consolidated cumulative period to the issues that the Group needs to address.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2018-Q2RestatedAnnual report
「There have been no material changes in the issues that the Group must address during the cumulative consolidated first quarter.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2017-Q4RestatedAnnual 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 significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2017-Q3RestatedAnnual 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 significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2017-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to dependence on a small number of business drivers. - FY2016First statedAnnual report
「Because the company is a small organization, it tends to rely heavily on the heads of each division to advance its business strategy.」
The company specifically describes its dependence on the representative director for management policy, alliances and the promotion of new businesses, and on the CCO for core IP and quality control.