Risks Related to the Development and Loss of Potential Successors
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition to considering successor development through the voluntary Nomination and Compensation Committee, we have established a personnel vision based on our corporate principles and corporate creed and are working with our colleagues to resolve challenges in the logistics industry so that both the business and employees can grow. However, if potential successors leave the company or are not developed appropriately, this may affect our performance.」
The company reiterates the Nomination and Compensation Committee’s consideration of successor development and the risks of potential successors leaving the company or receiving insufficient development. - FY2025RestatedAnnual report
「In addition to advancing discussions on successor development through the voluntary Nomination and Compensation Committee, the Company has established a human resources vision based on its corporate creed and principles. By working with its colleagues to address challenges facing the logistics industry, the Company is taking steps to enable both the business and its employees to grow together. However, the Company's performance could be affected if potential successors leave the Company or successor development does not progress appropriately.」
The Company reiterates the Nomination and Compensation Committee's consideration of successor development, its human resources vision, and the risks of losing potential successors and inadequate successor development. - FY2024First statedAnnual report
「We recognize that developing management, senior employees and other personnel is important to the Company's sustainable development. In addition to advancing discussions on successor development through the voluntary Nomination and Compensation Committee, the Company has established a human resources vision based on its corporate creed and principles. By working with its colleagues to address challenges facing the logistics industry, the Company is taking steps to enable both the business and its employees to grow together. However, the Company's performance could be affected if potential successors leave the Company or successor development does not progress appropriately.」
The Company has explicitly identified, for the first time, the potential impact on performance from the loss of potential successors and inadequate successor development as a business risk. It describes discussions by the Nomination and Compensation Committee and the human resources vision as countermeasures.