Key-person dependency risk
First written in FY2020. 1 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Group is working to establish a management structure that does not rely excessively on him by appropriately allocating roles within the management team, delegating authority and developing and strengthening management personnel.」
The disclosure continues to address the risk of reliance on the Representative Director and the corresponding measures of role allocation, delegation of authority and development of management personnel. - FY2022SoftenedAnnual report
「The likelihood of this risk materializing is not high, but it cannot be said to be nonexistent.」
Regarding the risk of reliance on a particular individual, the disclosure continues to address reliance on the Representative Director and the corresponding measures, while explicitly stating that the likelihood of the risk materializing is low. - FY2021MitigatedAnnual report
「The Group is working to establish a management structure that does not rely excessively on him by appropriately allocating roles within the management team, delegating authority and developing and strengthening management personnel.」
As measures against the risk of reliance on the Representative Director, the disclosure specifies role allocation, delegation of authority and the development of management personnel. - FY2020First statedAnnual report
「The Company's Representative Director, Kobayashi Taihei (小林 泰平), 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 advancing business operations at the practical level.」
The disclosure addresses the Representative Director's central role in management strategy, partnership and business negotiations, and practical operations, as well as the potential impact if he becomes unable to perform his duties.