Dependence on the Founder and Other Specific Individuals
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 10 of 75 companies on the "Worse" side.
23 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual reportNo separate disclosure concerning dependence on the founders or certain individuals has been identified in "Business and Other Risks" for the current consolidated fiscal year.
- FY2018RestatedAnnual report
「The company is building a management structure that does not depend excessively on the individuals concerned by substantially delegating authority to project teams. However, if unforeseen circumstances arise involving either individual for any reason, or if either individual departs, this may affect the Group's business and performance.」
The company reiterates the risk of dependence on the founders and certain individuals, and the measure of reducing that dependence through delegation of authority. - FY2017RestatedAnnual report
「The company is building a management structure that does not depend excessively on the individuals concerned by substantially delegating authority to project teams. However, if unforeseen circumstances arise involving either individual for any reason, or if either individual departs, this may affect the Group's business and performance.」
The company reiterates the risk of dependence on the founders and certain individuals, and the measure of reducing that dependence by delegating authority to project teams. - FY2016First statedAnnual report
「The Group's founders, Shiota Motoki (塩田元規) and Koda Tetsuro (香田哲朗), play important roles in determining management policies and business strategies, promoting operations across individual departments, and negotiating with external parties.」
The company identifies the impact of the founders' departure or unforeseen circumstances as a risk, while also stating its policy of reducing dependence by delegating authority to project teams.