Dependence on the Founder and Representative Director
First written in FY2018. 12 of 14 entries say "Restated". Latest entry: 2026-06-29.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- 2026-06-29AdvancedGovernance
「Transactions with controlling shareholders will be conducted by resolution of our Board of Directors, with particular attention to whether the transaction impairs the soundness of our management, whether it is effective in light of rational decision-making, and whether its terms are fair compared with other external transactions.」
For the existing thread concerning dependence on the founder and representative director, the company disclosed that as of 31 March 2026, Yuzo Niimura (新村祐三) was a controlling shareholder with a voting-rights ownership ratio of 63.88%, as well as its policy for protecting minority shareholders in transactions with controlling shareholders. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning newly arising risks or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risk of dependence on the founder and Representative Director. - FY2018First statedAnnual report
「We depend on this individual for important aspects of management, including decisions on management policies and business strategies.」
It also states a policy of avoiding excessive dependence by expanding and developing the management team and delegating authority.