Dependence on Key Individuals
First written in FY2021. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 75 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「The overseas sales department and overseas subsidiaries are taking over these personal relationships and working to reduce the risk of relying on a specific individual.」
It explicitly identifies the overseas sales department and overseas subsidiaries taking over these relationships as a response to reliance on the Representative Director and President's personal relationships. - FY2021First statedAnnual report
「We are promoting and expanding our overseas business by leveraging the personal relationships of Duan Zhuo (段卓), our Representative Director and President, in the Chinese market. If Duan Zhuo (段卓) were to be involved in an unforeseen accident or other incident that impeded the maintenance of personal and business relationships with overseas business partners, the Group's operating results and financial position could be adversely affected.」
It indicates the Group's reliance on the Representative Director and President's personal relationships in the Chinese market and the succession of those relationships as a risk mitigation measure.