Dependence on the founder and representative director
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: 2026-08-24.
Feedforce Group moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- 2026-08-24ReframedGovernance
「Note 1. Changed from representative director effective 21 August 2026; current position is Group Executive Officer and Chairman.」
The Company specifically disclosed that founder and representative director Tsukada Koji (塚田 耕司) changed from representative director to Group Executive Officer and Chairman effective 21 August 2026, clarifying his position in relation to reliance on the founder and representative director. - FY2026ReframedAnnual report
「Tsukada Koji (塚田 耕司) Group Executive Officer and Chairman」
As of the filing date, the founder, Tsukada Koji (塚田 耕司), changed from Representative Director to Group Executive Officer and Chairman, and Kato Hideya (加藤 英也) became Representative Director and President. The positioning of the previous risk of dependence on the founder and Representative Director has changed. - FY2024RestatedAnnual report
「Tsukada Koji (塚田 耕司), our Representative Director and President, is the founder of the Company and has served as a Representative Director since its establishment in 2006.」
Dependence on the founder and Representative Director continues to be disclosed as a risk, with the recruitment of management personnel and delegation of authority serving as countermeasures. - FY2022RestatedAnnual report
「Tsukada Koji (塚田 耕司), our Representative Director and President, is the founder of the Company and has served as a Representative Director since its establishment in 2006.」
Dependence on the founder and Representative Director continues to be disclosed as a risk, with the recruitment of management personnel and delegation of authority serving as countermeasures. - FY2020RestatedAnnual report
「Tsukada Koji (塚田 耕司), our Representative Director and President, is the founder of the Company and has served as a Representative Director since its establishment in 2006.」
Dependence on the founder and Representative Director continues to be disclosed as a risk, with the recruitment of management personnel and delegation of authority serving as countermeasures. - FY2019First statedAnnual report
「Tsukada Koji (塚田 耕司), our Representative Director and President, is the founder of the Company and has served as a Representative Director since its establishment in 2006.」
The company is developing a structure to avoid excessive dependence by recruiting management personnel and delegating authority, while disclosing the current dependence risk.