Dependence on Management and Employee Outflows
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To address this risk, the group is working to formulate and implement a succession plan by appointing next-generation leaders as directors of operating companies and entrusting them with management, developing successors through supervision and guidance by the holding company, and actively pursuing recruitment.」
In response to management dependence risk, specific measures were outlined, including entrusting the management of operating companies to next-generation leaders, supervision and guidance by the holding company, recruitment activities and a succession plan. - FY2020RestatedAnnual report
「The group recognizes that it is highly dependent on its Representative Director and President, Morikawa Tetsuji (森川徹治), for management. If anything were to happen to the president, this could affect the promotion of business activities, performance and financial condition.」
Dependence on the Representative Director and President for management, and the risks of delays in expanding human resources and personnel outflows, continue to be disclosed. The development of successors is also mentioned. - FY2018RestatedAnnual report
「The group recognizes that it is highly dependent on its Representative Director and President, Morikawa Tetsuji (森川徹治), for management. If anything were to happen to the president, this could affect the promotion of business activities, performance and financial condition.」
Dependence on the Representative Director and President for management, and the risks of delays in expanding human resources and personnel outflows, continue to be disclosed. - FY2017First statedAnnual report
「The group recognizes that it is highly dependent on its Representative Director and President, Morikawa Tetsuji (森川徹治), for management. If anything were to happen to the president, this could affect the promotion of business activities, performance and financial condition. The group also plans to strengthen its human resources and enhance its internal management structure to support the expansion of its business areas and operations. However, if the expansion of human resources does not proceed as planned, or if an excessive outflow of personnel to outside organizations occurs, business operations may be disrupted, affecting the group’s performance and financial condition.」
The disclosure covers dependence on the Representative Director and President for management, and the impact on business operations from delays in expanding human resources or excessive outflows of personnel.