Dependence on the Representative Director for Management and Sales
First written in FY2017. 1 of 3 entries say "Mitigated", first in FY2018. Latest entry: FY2020.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
118 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「We are focusing on developing and strengthening our human resources with the aim of establishing a management structure that does not depend excessively on Aoki Masayuki (青木 正之). However, the Group still tends to depend to a certain extent on his management decisions, drive, sales capabilities and personal network. If he becomes unable to perform his duties for any reason, this could have a material impact on the Group’s future business development and performance.」
The explanation that human resources are being developed and strengthened to reduce dependence on the representative director, while a certain degree of dependence nevertheless remains, continues to be provided. - FY2018MitigatedAnnual report
「We are focusing on developing and strengthening our human resources with the aim of establishing a management structure that does not depend excessively on Aoki Masayuki (青木 正之). However, the Group still tends to depend to a certain extent on his management decisions, drive, sales capabilities and personal network. If he becomes unable to perform his duties for any reason, this could have a material impact on the Group’s future business development and performance.」
The development and strengthening of human resources to reduce dependence on the representative director was explicitly stated, while noting that a certain degree of dependence remains. - FY2017First statedAnnual report
「Our representative director and president, Aoki Masayuki (青木 正之), plays a central role in formulating and determining the Group’s management strategy and negotiating with business partners and customers, as well as an important role in promoting business operations at the practical level.」
The representative director’s central role in management strategy, negotiations with business partners and customers, and practical business operations, as well as the potential impact if he is unable to perform his duties, is disclosed.