Key Management Contingency Risk
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2020.
NEXYZ.Group moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2020: 5 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2020WorsenedAnnual report
「As a result, if the key management of any group company becomes unable to perform its duties because of an unforeseen event, including serious illness resulting from infection with COVID-19, the group’s business development could be disrupted, affecting its performance.」
A specific event, infection with and serious illness resulting from an infectious disease, has been added to the risk that key management may become unable to perform its duties. - FY2019RestatedAnnual report
「As a result, if the key management of any group company becomes unable to perform its duties because of an unforeseen event, the group’s business development could be disrupted, affecting its performance.」
The risk of business disruption caused by unforeseen events affecting key management continues to be disclosed. - FY2018RestatedAnnual report
「As a result, if the key management of any group company becomes unable to perform its duties because of an unforeseen event, the group’s business development could be disrupted, affecting its performance.」
The risk of business disruption caused by unforeseen events affecting key management continues to be disclosed. - FY2017RestatedAnnual report
「As a result, if the key management of any group company becomes unable to perform its duties because of an unforeseen event, the group’s business development could be disrupted, affecting its performance.」
The risk of business disruption caused by unforeseen events affecting key management continues to be disclosed. - FY2016First statedAnnual report
「As a result, if the key management of any group company becomes unable to perform its duties because of an unforeseen event, the group’s business development could be disrupted, affecting its performance.」
The disclosure describes the possibility that management of each group company may become unable to perform its duties because of specialization and dependence on the management of those companies.