Dependence on the founder, Representative Director and President, affects management continuity
First written in FY2023. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risk of dependence on the founder and representative director and president. - FY2025RestatedAnnual report
「The Group is strengthening its organizational structure by promoting information sharing with officers and employees and delegating authority through the board of directors, management meetings and other forums, thereby developing a management structure that does not depend excessively on Representative Director and President Yanagihara Naofumi (柳原尚史).」
Measures addressing the risk of dependence on the founder and representative director and president through information sharing and delegation of authority continue. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company has comprehensively confirmed that there have been no material changes in the risk of dependence on the founder and representative director and president. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company has comprehensively confirmed that there have been no material changes in the risk of dependence on the founder and representative director and president. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The Company has comprehensively confirmed that there have been no material changes in the risk of dependence on the founder and representative director and president. - FY2023First statedAnnual report
「Yanagihara Naofumi (柳原尚史) is the founder and has played an important role in advancing the Company's business since its establishment. If, for any reason, Yanagihara Naofumi (柳原尚史) becomes unable to continue managing the Company, this could affect its business and operating results.」
The Company discloses the founder and representative director and president's role in management policy and business strategy, as well as the risk arising if he is unable to continue performing his duties.