Dependence on the Founder and Representative Director
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We have established a board of directors and an executive officer structure and are promoting the delegation of authority through information sharing among officers and senior employees and the strengthening of our management organization, thereby developing a management structure that does not depend excessively on Ishii Shigehisa (石井 滋久).」
It reiterates the fact that the founder and Representative Director plays a central role in management strategy and other areas, as well as the delegation of authority through the board of directors and executive officer structure. - FY2022RestatedAnnual report
「We have established a board of directors and an executive officer structure and are promoting the delegation of authority through information sharing among officers and senior employees and the strengthening of our management organization, thereby developing a management structure that does not depend excessively on Ishii Shigehisa (石井 滋久). However, if he becomes unable to continue executing his duties for any reason, this may affect our financial condition and operating results.」
It reiterates the central role of the founder and Representative Director and the efforts to delegate authority through the board of directors and executive officer structure. - FY2021RestatedAnnual report
「At our Company, Ishii Shigehisa (石井 滋久), the founder and Representative Director, plays a central role in all aspects of our management principles, management policies, management philosophy, business philosophy, business model and management strategy.」
It reiterates the Company's dependence on its founder and Representative Director and its efforts to delegate authority through its board of directors and executive officer structure. - FY2020First statedAnnual report
「At our Company, Ishii Shigehisa (石井 滋久), the founder and Representative Director, has played a central role in all aspects of our management principles, management policies, management philosophy, business philosophy, business model and management strategy, and continues to play an important role in management strategy, the advancement of the Company's business, sales initiatives and their execution.」
The Company is developing a structure to limit excessive dependence through its board of directors and executive officer structure, information sharing and delegation of authority.