Dependence on the Representative Director and President
First written in FY2023. 7 of 16 entries say "Advanced", first in 2026-07-31. Latest entry: 2026-10-26.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2026ReframedAnnual report
「The Group works to reduce excessive dependence on specific officers and employees through the delegation of authority, standardization of operations, information sharing and development of successor personnel.」
The previous disclosure focused on dependence on the founder and representative director and president, while the risk has been generalized to dependence on specific officers and employees and management personnel following a change in the representative. - FY2026-H1Reflects change in the representative’s positionAnnual report
「Koichi Leo Kato, Chairman of the Board of the Group, is the founder of the Group. He has extensive knowledge and experience in the internet advertising industry and played an important role in developing management strategy. Although the Group is strengthening its organizational structure and delegating authority appropriately to establish a management structure that does not depend on any specific individual, if he becomes unable to perform his duties for any reason, the Group’s business and performance may be affected.」
The risk disclosure reflects that Koichi Leo Kato changed from Representative Director, President and CEO to Chairman of the Board, and that Sōhei Uekihara became Representative Director, President and CEO. The possibility of dependence on a specific individual continues to be disclosed. - FY2024RestatedAnnual report
「The Group is strengthening its organizational structure and delegating authority appropriately to establish a management structure that does not depend on any specific individual and is not excessively dependent on him.」
The Group continues to disclose dependence on the Representative Director and President and its response through delegation of authority. - FY2023First statedAnnual report
「He has extensive knowledge and experience in the internet advertising industry and plays an important role in developing management strategy.」
The Company seeks to establish a management structure that does not rely excessively on any individual by delegating authority and strengthening its organization.