Dependence on the Founder and Representative Director
First written in FY2016. 21 of 23 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The company also believes that its overall operations will continue to depend substantially on his management capabilities.」
The company continues to identify dependence on its founder and Representative Director as a risk, while also describing the strengthening of its structure through information sharing and the delegation of authority. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described 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 its founder and Representative Director. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described 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 its founder and Representative Director. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2020RestatedAnnual report
「The company also believes that its overall operations will continue to depend substantially on his management capabilities.」
The company continues to identify dependence on its founder and Representative Director as a risk, while also describing the strengthening of its structure through information sharing and the delegation of authority. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2018RestatedAnnual report
「The company also believes that its overall operations will continue to depend substantially on his management capabilities.」
The company continues to identify dependence on its founder and Representative Director as a risk, while also describing the strengthening of its structure through information sharing and the delegation of authority. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2018-Q1RestatedAnnual report
「There were no material changes to the nature of the businesses operated by the Company during the cumulative first quarter under review.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2017MitigatedAnnual report
「The company shares information among directors and senior employees through the Board of Directors and business division meetings. It is also working to establish a management structure that is not excessively dependent on him by strengthening its management organisation and delegating authority, but if he were to become unable to continue performing his duties for any reason, this could affect the company’s future business development and operating results.」
While describing the risk of dependence on its founder, the company explicitly identifies information sharing with directors and senior employees and the delegation of authority as measures to strengthen its management structure. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described 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 its founder and Representative Director. - FY2017-Q2RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company broadly states that there have been no material changes regarding the risk of dependence on its founder and Representative Director. - FY2016First statedAnnual report
「The company’s founder and Representative Director, Miyazaki Tatsumi (宮崎 龍己), determines the company’s management policies and business strategies and plays an important role from the development of its business model through its commercialisation.」
The company identifies as a risk the important role played by its founder and Representative Director in management policies, business strategies and the development of its business model.