Risk of Dependence on the Founder and Representative Director
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We are working to build a management structure that does not depend excessively on our 2 representative directors. However, if for any reason both representative directors become unable to continue conducting our group's business, this could materially affect our group's business and performance.」
The company continues to disclose the risk of dependence on the 2 representative directors who founded the company, as well as the establishment of a management structure to avoid excessive dependence on them. - FY2023RestatedAnnual report
「We are working to build a management structure that does not depend excessively on our 2 representative directors. However, if for any reason both representative directors become unable to continue conducting our group's business, this could materially affect our group's business and performance.」
The company continues to disclose the risk of dependence on the 2 representative directors who founded the company, as well as the establishment of a management structure to avoid excessive dependence on them. - FY2021RestatedAnnual report
「We are working to build a management structure that does not depend excessively on our 2 representative directors. However, if for any reason both representative directors become unable to continue conducting our business, this could materially affect our business and performance.」
The company continues to disclose its dependence on the 2 representative directors who founded the company, as well as the establishment of a management structure to avoid excessive dependence on them. - FY2020First statedAnnual report
「We are working to build a management structure that does not depend excessively on our 2 representative directors. However, if for any reason both representative directors become unable to continue conducting our business, this could materially affect our business and performance.」
The company discloses the risk of dependence arising from the 2 representative directors' important roles in management policy and business strategy.