Succession planning for the CEO not yet established
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although the company is developing its management personnel, it has not yet established a systematic development program for the Chief Executive Officer (CEO), which it recognizes as one of its significant management challenges.」
The company continues to identify the lack of systematic succession planning for the CEO as a significant management challenge and maintains its policy of formulating and implementing a development plan through the Nomination and Remuneration Advisory Committee. - FY2025First statedAnnual report
「Although the company is developing its management personnel, it has not yet established a systematic development program for the Chief Executive Officer (CEO), which it recognizes as one of its significant management challenges. If the CEO becomes unable to perform his or her duties, or if the development of successor candidates does not progress appropriately, the Group's operating performance and financial condition may be affected.」
The company has explicitly identified for the first time the lack of systematic succession planning for the CEO as a separate management risk that could affect operating performance and financial condition. It also describes a policy of formulating and implementing a development plan through the Nomination and Remuneration Advisory Committee.