Risk of Dependence on the Representative Director, President and Founder
First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The Company is a university-originated research and development company founded by its representative director and president, Tsubota Kazuo (坪田一男), who plays an important role in the Company's research and development strategy, business strategy and collaboration with universities and research institutions.」
The Company continues to disclose its dependence on its founder, Tsubota Kazuo (坪田一男), for research and development, business strategy and collaboration with universities and research institutions. - FY2024RestatedAnnual report
「He has a critically important role in the Company's research and development activities, and the degree of dependence is considered extremely high.」
The Company reiterates its recognition that it is highly dependent on its founder and representative director, president, Tsubota Kazuo (坪田一男), for research and development and management. - FY2023RestatedAnnual report
「He has a critically important role in the Company's research and development activities, and the degree of dependence is considered extremely high.」
The Company reiterates its recognition that it is highly dependent on its founder and representative director, president, Tsubota Kazuo (坪田一男), for research and development and management. - FY2022First statedAnnual report
「He has a critically important role in the Company's research and development activities, and the degree of dependence is considered extremely high.」
The disclosure states that the likelihood of dependence on Tsubota Kazuo (坪田一男) is medium, the potential timing is within 15 years, and the impact is high.