Dependence on a particular executive
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 10 of 75 companies on the "Worse" side.
117 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Yamaguchi Takumi (山口 拓己), the Representative Director, has served as the representative since May 2009 and has played an important role in determining and executing the Group’s management policies and business strategies and in developing and introducing its diverse service lines, including launching the PR TIMES press release distribution service in April 2007.」
The filing reiterates the structure in which the Representative Director plays an important role in management policies, business strategies, and service-line development, as well as the response to the risk of dependence. - FY2019RestatedAnnual report
「The Group is working to establish a management structure that does not depend excessively on him by promoting information sharing at the Board of Directors and elsewhere and strengthening its management organisation. However, if he were to become unable to continue performing his duties for any reason, this could affect the Group’s business and operating performance.」
The filing reiterates the risk of dependence on the Representative Director and the response through information sharing at the Board of Directors and strengthening the management organisation. - FY2018MitigatedAnnual report
「The Group is working to establish a management structure that does not depend excessively on him by promoting information sharing at the Board of Directors and elsewhere and strengthening its management organisation. However, if he were to become unable to continue performing his duties for any reason, this could affect the Group’s business and operating performance.」
Although the risk of dependence on the Representative Director remains, measures to mitigate it through information sharing at the Board of Directors and strengthening the management organisation were explicitly described. - FY2017First statedAnnual report
「Yamaguchi Takumi (山口 拓己), the Representative Director, has served as the representative since May 2009 and has played an important role in determining and executing the Group’s management policies and business strategies and in developing and introducing its diverse service lines, including launching the PR TIMES press release distribution service in April 2007.」
The filing identifies as a risk the structure in which the Representative Director plays an important role in management policies and business strategies and in developing and introducing service lines.