Dependence on the representative director and president
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In response to the above risks, the Group is working to move away from a person-dependent management structure by reviewing the internal composition of its board and sharing information among directors and senior employees, delegating authority, and clarifying the division of duties. It seeks to mitigate the risks by establishing a management structure that does not depend excessively on the individual.」
As a measure to address the risk of dependence on the Representative Director and President, specifies a review of the internal composition of the board in addition to the existing measures of information sharing, delegation of authority, and division of duties. - FY2024RestatedAnnual report
「In response to the above risks, the Group is working to move away from a person-dependent management structure by sharing information among directors and senior employees, delegating authority, and clarifying the division of duties. It seeks to mitigate the risks by establishing a management structure that does not depend excessively on the individual.」
Reiterates measures to address dependence on the Representative Director and President through information sharing, delegation of authority, and division of duties. - FY2023RestatedAnnual report
「In response to the above risks, the Group is working to move away from a person-dependent management structure by sharing information among directors and senior employees, delegating authority, and clarifying the division of duties. It seeks to mitigate the risks by establishing a management structure that does not depend excessively on the individual.」
Reiterates the measures being implemented in response to dependence on the Representative Director and President, including information sharing among directors and senior employees, delegation of authority, and division of duties. - FY2019RestatedAnnual report
「Although the Company has reduced its dependence on the individual in conducting its business by delegating authority and separating duties to reform its person-dependent management structure, if the individual becomes unable to participate in the Company’s business for any reason, including an unforeseen accident, this could adversely affect its business and performance.」
Reiterates the risk of dependence on the Representative Director and President, while stating that dependence is gradually declining through the delegation of authority and division of duties. - FY2018First statedAnnual report
「Although the Company has reduced its dependence on the individual in conducting its business by delegating authority and separating duties to reform its person-dependent management structure, if the individual becomes unable to participate in the Company’s business for any reason, including an unforeseen accident, this could adversely affect its business and performance.」
States that dependence has been declining through delegation of authority and segregation of duties, while identifying the risk if the representative director and president can no longer participate in the business.