Dependence on the founder and representative director
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Kawabata Yoshihiko (河端義彦), Representative Director and President of the Group, is its founder. Since the Group’s establishment, he has served as the Company’s Representative Director and President, determining management policies and business strategies and playing a key role in the process from developing new businesses and building business models through commercialization.」
The Company continues measures to reduce dependence on its founder and Representative Director and President through delegation of authority, talent development and information sharing. - FY2016First statedAnnual report
「Kawabata Yoshihiko (河端義彦), the Company’s Representative Director and President, is its founder. Since the Company’s establishment, he has served as Representative Director and President, determining management policies and business strategies and playing a key role in the process from developing new businesses and building business models through commercialization.」
The Company is building a structure to avoid excessive dependence through delegation of authority, talent development and information sharing at board meetings.