Dependence on Key Directors
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 5 of 13 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To build a management structure that does not excessively depend on these directors, the company is strengthening its management organization by recruiting senior personnel and establishing various committees to institutionalize decision-making and the accumulation of know-how in carrying out R&D and business development.」
While disclosing the risk of dependence on key directors, the company continues to institutionalize operations through the recruitment of senior personnel and committees. - FY2024RestatedAnnual report
「To build a management structure that does not excessively depend on these directors, the company is strengthening its management organization by recruiting senior personnel and establishing various committees to institutionalize decision-making and the accumulation of know-how in carrying out R&D and business development.」
While disclosing the risk of dependence on key directors, the company continues to address it by recruiting senior personnel, establishing committees and institutionalizing decision-making and the accumulation of know-how. - FY2023First statedAnnual report
「However, the company expects to remain highly dependent on these directors for the foreseeable future. If these directors become unable for any reason to remain involved in the business under these circumstances, this may affect the company's business strategy and operating results.」
The company discloses that its Representative Director and CEO and its Director and CSO play important roles in management strategy, business development and R&D, and that dependence on them will remain high for the foreseeable future.