Dependence on key executives
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2020RestatedAnnual report
「After gaining a thorough understanding of the company's management situation, the board of directors selects as candidates for outside director individuals who have experience and knowledge in corporate management, can participate in board discussions from an objective standpoint, and can offer constructive opinions.」
The group describes a management structure that includes outside directors with relevant experience and knowledge, consistent with its efforts to reduce dependence on a particular executive. - FY2019MitigatedAnnual report
「Fukushima Yoshinori (福島 良典) changed from a director of the company to a special technical adviser upon completion of his term of office at the conclusion of the company's seventh annual general meeting of shareholders held on 23 August 2019.」
The disclosure states that Fukushima Yoshinori (福島 良典), formerly the representative director and CEO, changed from serving as a director to serving as a special technical adviser, marking a change from a structure in which a particular executive was responsible for management execution as a director. - FY2017RestatedAnnual report
「In addition to recruiting personnel with extensive experience and knowledge and bringing them into the management team, the group shares information with directors and other officers at board meetings and elsewhere and is strengthening its management organization to develop a management structure that does not excessively depend on Fukushima Yoshinori (福島 良典).」
The group continues to recruit personnel, share information and strengthen its management organization to reduce dependence on a particular executive. - FY2016First statedAnnual report
「Fukushima Yoshinori (福島 良典), the representative director and CEO, has served as a representative director since the company's founding. He has extensive knowledge and experience in technology and plays an extremely important role in determining and executing management policies and business strategies.」
The group is developing a structure to avoid excessive dependence on a particular executive by bringing experienced personnel into the management team, sharing information at board meetings and strengthening its management organization.