Dependence on Key Management Personnel
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2026.
Showcase moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
10 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Led by Representative Director and President Matsumoto Koichi (松本高一), the management team, including directors who are Audit and Supervisory Committee members, appoints as directors personnel with the skills required to operate the Company's business.」
The description of dependence on specific executives has changed from the former structure centered on Nagata Toyoshi (永田豊志) and Mori Masahiro (森雅弘) to a description of the skills and appointment of personnel in the current management team led by Matsumoto Koichi (松本高一). - FY2023RestatedAnnual report
「Representative Director and President Hiranoi Junichi (平野井順一) has held key positions including CFO and representative director across a wide range of industries and has extensive experience and achievements, particularly in finance. He also serves concurrently as representative director and chairman of subsidiary ReYuu. Representative Director and Chairman Nagata Toyoshi (永田豊志) has extensive knowledge and experience in web marketing expertise, planning new businesses and gathering industry information, and also serves concurrently as a director of subsidiary ReYuu. Both play important roles in the operation of the Group's businesses.」
The filing continues to recognize that Hiranoi Junichi (平野井順一) and Nagata Toyoshi (永田豊志) play important roles in Group operations after the management structure changed from Hiranoi Junichi (平野井順一) to Nagata Toyoshi (永田豊志). - FY2020RestatedAnnual report
「Representative Director and President Nagata Toyoshi (永田豊志) and Representative Director and Chairman Mori Masahiro (森雅弘) have extensive knowledge and experience in web marketing expertise, planning new businesses and gathering industry information, and play important roles in the operation of the Group's businesses.」
The filing continues to recognize that President Nagata Toyoshi (永田豊志) and Chairman Mori Masahiro (森雅弘) play important roles in business operations. - FY2016First statedAnnual report
「The Company has worked to establish a management structure, delegate authority and strengthen the development of personnel who will lead the next generation so as not to become excessively dependent on the two individuals. However, if for any reason it becomes difficult for them to operate the business, the Company's business and operating results may be affected.」
The filing identifies dependence on the knowledge and experience of the representative director and president and the representative director and executive vice president as a risk, and describes efforts to establish a management structure, delegate authority and develop successor personnel.