Dependence on the Representative Director and President
First written in FY2021. 3 of 5 entries say "Mitigated", first in FY2024. Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2026-H1MitigatedAnnual report
「Against this backdrop, the Representative Director changed on 24 June 2025, and the company is seeking to further advance its business and manage with greater speed under the new management structure.」
In connection with reducing dependence on the founder, the filing describes the change in Representative Director on 24 June 2025 and the transition to a new management structure. - FY2025MitigatedAnnual report
「Against this backdrop, the company transitioned to a new management structure in June 2024.」
The transition to a new management structure in June 2024 is also confirmed in the full-year discussion of operating results as a measure to reduce dependence on the founder. - FY2024MitigatedAnnual report
「The company has sought to strengthen its organizational structure by sharing know-how and recruiting and developing talent. On 28 June 2024, the president changed from Sugawara Mitsuru (菅原充) to Nagao Osamu (長尾收), and the company sought to establish a management structure that did not depend on Sugawara, although unforeseen circumstances could affect its operating results and financial position.」
As a measure to reduce dependence on the founder, the filing states that Nagao Osamu (長尾收) was appointed president on 28 June 2024 and that the company sought to establish a management structure independent of that dependence. - FY2022RestatedAnnual report
「The company’s founder and Representative Director and President, Sugawara Mitsuru (菅原充), is well versed in the company’s key laser technology, as well as in determining management policies and strategies, and plays an important role across its business activities.」
The filing reiterates the Representative Director and President’s important management and technical role and the policy of reducing dependence on him through the sharing of know-how and talent development. - FY2021First statedAnnual report
「The company’s founder and Representative Director and President, Sugawara Mitsuru (菅原充), is well versed in the company’s key laser technology, as well as in determining management policies and strategies, and plays an important role across its business activities.」
The filing describes the Representative Director and President’s important role in management policy, strategy and key technologies, as well as the company’s policy of strengthening its organization to reduce excessive dependence on him.