Dependence on the Representative Director
First written in FY2023. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 10 of 77 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.」
No material changes were disclosed to the risk of dependence on the representative director. - FY2025RestatedAnnual report
「The Group will continue working to reduce its dependence on the representative and stabilize management by strengthening its management systems and promoting human-resource development.」
The Group continues to disclose the risk of dependence on the representative director and aims to reduce it through stronger management systems and human-resource development. - 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.」
No material changes were disclosed to the risk of dependence on the representative director. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were disclosed to the risk of dependence on the representative director. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No material changes were disclosed to the risk of dependence on the representative director. - FY2023First statedAnnual report
「The representative plays an important role in major decisions on the Group’s management policies and business strategies, the formulation and implementation of business plans, and the Group’s business activities generally. The Group therefore remains substantially dependent on the representative.」
The Group expects to remain highly dependent on the representative for the time being, creating a risk of reduced management capability if operations become difficult to continue.