Delays in Expanding the Management Structure within a Small Organization
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
99 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「As of the date of submission of the Annual Securities Report, the Company had 7 directors, including 2 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members. It operated as a small organization with 56 employees as of 31 March 2019. On a consolidated basis, including overseas subsidiaries, it had 322 employees as of 31 March 2019.」
The disclosure reiterates the organizational scale of 56 employees on a non-consolidated basis and 322 on a consolidated basis, as well as the risk that organizational development and expansion of internal management systems may not keep pace with business growth. - FY2018First statedAnnual report
「As of 31 May 2018, the Company operated as a small organization with 6 directors, including 2 outside directors, 3 Audit & Supervisory Board members, including 2 outside members, and 47 employees. On a consolidated basis, including overseas subsidiaries, it had 289 employees.」
The disclosure identifies as a risk the failure to develop the organization and expand internal management systems in line with business growth.