Dependence on a Specific Executive
First written in FY2023. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
- FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of dependence on specific executives. - FY2024MitigatedAnnual report
「The company is strengthening its management structure and minimizing management-related risks by improving its organizational structure, including promoting information sharing and the delegation of authority among directors and employees through the board of directors and other bodies.」
Although the risk of dependence on specific executives remains, the company explicitly describes mitigation measures through information sharing, delegation of authority, and organizational strengthening. - FY2023First statedAnnual report
「Representative Director and CEO Shiibashi Tetsuo (椎橋 徹夫) and Representative Director, COO and CTO Fujiwara Hiromasa (藤原 弘将) possess specialized knowledge and technical expertise in management strategy, business strategy, and other aspects of the company’s operations, and play important roles.」
The two representative directors play important roles in management and business strategy, and the company identifies their departure as a high-impact risk. The expected timing of occurrence is stated as approximately 20 years.