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Plaid (4165) · RiskRestatedLatest Earnings (2026-05-14): "Worsened"

Dependence on Key Management and Securing Talent

First written in FY2020. 4 of 6 entries say "Restated". Latest entry: 2026-05-14.

6entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY20252020: 12021: 120212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Risk of dependence on specific executives and specialist personnelA theme 66 companies write about · 66 as a headwind · 0 as a tailwind

Plaid moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).

The whole theme swung hardest in 2026: 9 of 30 companies on the "Worse" side.

8 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 66 companies compared. The sentences above are computed from all 66.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-14WorsenedEarnings

    「Because full-year results may fluctuate significantly depending in particular on hiring progress, the full-year earnings outlook carries the risk of fluctuation.」

    The company explicitly identified hiring progress as a risk factor that could cause the full-year earnings outlook to fluctuate.
  2. FY2025RestatedAnnual report

    「Our founder, Representative Director, Executive Officer and CEO Kurahashi Kenta (倉橋 健太), who has served as representative director since the company's founding, and Director and Executive Officer Shibayama Naoki (柴山 直樹) play important roles in determining the business policies and strategies of our group, as well as developing services and acquiring new customers.」

    The company continues to disclose the risks associated with dependence on the founder CEO and the director and executive officer, as well as securing and developing talented personnel.
  3. FY2023RestatedAnnual report

    「At present, we rely primarily on employee referrals to secure personnel. However, this method may not be effective in the future. If personnel recruitment does not progress as expected or talented personnel leave the company, the competitiveness of the services provided by our group may decline and recruitment costs may increase.」

    The company continues to disclose its dependence on the founder CEO and CPO, as well as the risks associated with securing personnel primarily through employee referrals and the loss of personnel.
  4. FY2022RestatedAnnual report

    「At present, we rely primarily on employee referrals to secure personnel. However, this method may not be effective in the future. If personnel recruitment does not progress as expected or talented personnel leave the company, the competitiveness of the services provided by our group may decline and recruitment costs may increase.」

    The company continues to disclose risks related to dependence on key management personnel, securing personnel primarily through employee referrals and the loss of personnel.
  5. FY2021RestatedAnnual report

    「Our founder, Representative Director and CEO Kurahashi Kenta (倉橋 健太), who has served as representative director since the company's founding, and Director Shibayama Naoki (柴山 直樹), who serves as CPO (Chief Product Officer), play important roles in determining the business policies and strategies of our group, as well as developing services and acquiring new customers.」

    The company continues to disclose its dependence on the founder CEO and CPO, as well as the importance of securing and developing engineers, sales staff and other personnel.
  6. FY2020First statedAnnual report

    「Kurahashi Kenta (倉橋 健太), our founder and Representative Director since the company's establishment, and Shibayama Naoki (柴山 直樹), a Director serving as CPO (Chief Product Officer), play important roles, including determining the company's business policies and strategies, developing services, and acquiring new customers.」

    The risks disclosed include the difficulty of retaining key management personnel and the securing, development and loss of talented personnel such as engineers and sales staff.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Plaid yet. It last moved in the Earnings of 2026-05-14: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Key Management and Securing Talent | PLAID,Inc. (4165) | Komori