Risk of dependence on representative directors
First written in FY2022. 1 of 3 entries say "Mitigated", first in FY2025-Q1. Latest entry: FY2025-Q1.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2025-Q1MitigatedAnnual report
「We had been receiving a transfer of the knowledge held by Masatsugu Jinno (神農雅嗣), and as this has been completed, we have eliminated the item “(19) Dependence on the Representative Director” included in the annual securities report for the preceding fiscal year and will remove the description. Masatsugu Jinno (神農雅嗣) resigned as Representative Director, Director and Executive Officer, Chairman on 31 May 2024.」
The description has been removed on the grounds that the risk of dependence on the Representative Director has been eliminated through the completion of the knowledge transfer and the founder's resignation from his positions. - FY2024Describes a structure with the Chairman and CEO and the President and COO.Annual report
「Representative Director, Chairman and Executive Officer, Chief Executive Officer Masatsugu Jinno (神農 雅嗣) Representative Director, President and Executive Officer, Chief Operating Officer Yamaguchi Takatsugu (山口 貴載)」
While continuing to describe the risk of dependence on the Representative Director, it shows the division of roles between the Chairman and Chief Executive Officer and the President and Chief Operating Officer. - FY2022First statedAnnual report
「Masatsugu Jinno (神農雅嗣), our Representative Director, is our founder and, since the Company's establishment, has played a key role as a manager in determining management policies and strategies and commercializing new businesses.」
It is developing a structure to avoid excessive dependence by improving information sharing among officers and senior employees and strengthening the management organization.