Dependence on the Founder and Representative Director
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 10 of 76 companies on the "Worse" side.
- FY2025DroppedAnnual reportRegarding the dependence on the founder and representative director, which was disclosed as a standalone risk item in the previous fiscal year, no corresponding standalone item is included among the business and other risks this time.
- FY2024RestatedAnnual report
「The company is working to establish a management structure that does not depend excessively on this individual and is focusing on developing and strengthening its human resources. However, it still tends to depend to some extent on this individual for management decisions and ability to act. If, for any reason, this individual becomes unable to continue conducting the company’s business, this could affect the company’s financial position and operating results.」
The company continues to disclose its dependence on the founder and representative director, as well as its efforts to develop talent and establish systems to reduce that dependence. - FY2023First statedAnnual report
「The company is working to establish a management structure that does not depend excessively on this individual and is focusing on developing and strengthening its human resources. However, it still tends to depend to some extent on this individual for management decisions and ability to act. If, for any reason, this individual becomes unable to continue conducting the company’s business, this could affect the company’s financial position and operating results.」
The company explains that its representative director and president, as founder and chief executive officer, plays an important role in technical decisions, management policy and business strategy.