Dependence on the Representative Director and President
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「The individual has guaranteed the company's borrowings from financial institutions. We plan to eliminate these personal guarantees by refinancing the borrowings with loans that do not have such guarantees.」
Dependence on the representative director remains a management risk, but the balance of bank borrowings guaranteed by him declined from ¥85,000 thousand to ¥77,500 thousand. The company plans to eliminate the guarantees through refinancing and other measures. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes to dependence on the representative director and president. - FY2024-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported to dependence on the representative director and president. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported to dependence on the representative director and president. - FY2023First statedAnnual report
「Takayuki Kumada, our representative director, president and chief operating officer, has made a significant contribution to the business since joining the company, formerly known as Blue Innovation after its name change, and has played an important role in formulating and executing our management policies and business strategies.」
Although the company plans to reduce dependence through delegation of authority and stronger organizational systems, it continues to identify the individual's importance to management policy and business strategy as a risk.