Key-person dependency risk relating to the founder and representative director
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The company’s important management matters are decided by the Board of Directors, and it has established a system in which the decision-making process does not depend on any particular individual, together with appropriate operational support. It therefore believes the impact can be reduced even if the risk materializes.」
The company has stated that it will reduce the impact of dependence on the founder and representative director through Board of Directors decision-making and operational support. - FY2023First statedAnnual report
「Kuroki Tsutomu (黒木 勉), the company’s representative director and president, has played an important role as founder in creating the corporate culture and determining management policies and strategies. Accordingly, if he becomes unable to perform his duties for any reason, the company could lose its spiritual anchor, potentially affecting its business operations.」
The company has identified dependence on the founder and representative director as an emerging risk for the first time and explains that the Board of Directors’ decision-making will reduce its impact.