Dependence on specific individuals
First written in FY2019. 5 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Employees in executive positions, including directors and executive officers, who possess specialized knowledge, skills and experience play important roles in determining and executing the Group's management and business strategies.」
The explanation of the dependence risk continues, with the scope broadened from two specific individuals to specialized personnel, including directors and executive officers. - FY2024RestatedAnnual report
「Employees in executive positions, including directors and executive officers, who possess specialized knowledge, skills and experience play important roles in determining and executing the Group's management and business strategies.」
The explanation of the dependence risk continues, with the scope broadened from two specific individuals to specialized personnel, including directors and executive officers. - FY2023ReframedAnnual report
「Employees in executive positions, including directors and executive officers, who possess specialized knowledge, skills and experience play important roles in determining and executing the Group's management and business strategies.」
The explanation has been broadened from dependence on two specific individuals to dependence on specialized personnel, including directors and executive officers. - FY2022RestatedAnnual report
「Hiroki Matsubara (松原 裕樹), the Group's Representative Director and President, plays a central role in creating the business model that is one of the Group's strengths and formulating its management policies and strategies, while Takeshi Yamada (山田 剛史), a Director, plays a central role in the Group's technology development.」
The risk of dependence on the Representative Director and President and the Director and CTO, and the response through developing and strengthening human resources, are reiterated. - FY2021RestatedAnnual report
「The Group is focusing on developing and strengthening its human resources with the aim of establishing a management structure that does not rely excessively on either individual. However, if either individual becomes unable to perform their duties for any reason, this could affect the Group's financial position and operating results.」
The risk of dependence on the Representative Director and President and the Director and CTO, and the response through developing and strengthening human resources, are reiterated. - FY2020RestatedAnnual report
「We are focusing on developing and strengthening our personnel to establish a management structure that does not excessively depend on the two individuals. However, if either individual becomes unable to perform his duties for any reason, our financial position and operating results may be affected.」
The risk of dependence on the Representative Director and President and the Director and CTO, and the response through developing and strengthening human resources, are reiterated. - FY2019First statedAnnual report
「Our representative director and president, Matsubara Hiroki (松原 裕樹), plays a central role in creating our business model, which is one of our strengths, and formulating our management policies and strategies, while director Yamada Tsuyoshi (山田 剛史) plays a central role in our technology development.」
States that the company is focusing on developing and strengthening its personnel to reduce excessive dependence on the two individuals.