Change in Management and Succession
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Going forward, we plan to formulate a succession plan following sufficient deliberation by the Nomination Committee and Board of Directors.」
The company continues to disclose the risk of management succession and its plan to formulate a succession plan through the Nomination Committee and Board of Directors. - FY2024RestatedAnnual report
「The company has a structure with 2 representative directors. However, if the management structure changes substantially because a representative director unexpectedly becomes unable to perform his or her duties for any reason, the company’s performance may be materially affected.」
The company continues to disclose its 2-representative-director structure, the risk of management succession and its plan to formulate a succession plan through the Nomination Committee and Board of Directors. - FY2023First statedAnnual report
「If the management structure changes substantially because the representative director unexpectedly becomes unable to perform his or her duties for any reason, the company’s performance may be materially affected. Going forward, we plan to formulate a succession plan following sufficient deliberation by the Nomination Committee and Board of Directors.」
The company identifies a change in the management structure caused by the representative director’s inability to perform his or her duties as a risk and plans to formulate a succession plan.