Risk of Dependence on the Founder and Representative Director
First written in FY2021. 1 of 11 entries say "Restated". Latest entry: 2026-06-29.
The whole theme swung hardest in 2026: 10 of 77 companies on the "Worse" side.
- FY2026Founder reacquires representative authorityAnnual report
「April 2026 Representative Director and Chairman of the Company (incumbent)」
The filing states that the founder, Kakui Ryoichi (角井 亮一), became Representative Director and Chairman again in April 2026, indicating a change in the composition of positions carrying representative authority from the previous filing. - FY2026-H1Appointment of a new Representative Director and change in the founder's current position listingAnnual report
「Representative Director Ikeda Tadashi (池田 忠史)/June 2025 Representative Director of the Company (incumbent)」
This interim report states that Ikeda Tadashi (池田 忠史) became Representative Director. The former founder, Kakui Ryoichi (角井 亮一), is listed as a major shareholder but is not listed as a Representative Director in the current list of incumbent officers. - FY2025Change of Representative Director and Chairman and loss of the founder's representative authorityAnnual report
「February 2025 Representative Director and Chairman of the Company (incumbent)/February 2025 Director of the Company (incumbent)」
In February 2025, Kodama Kazuhiro (児玉 和宏) became Representative Director and Chairman, while the founder, Kakui Ryoichi (角井 亮一), changed from Representative Director and Chairman to Director. The management structure has been changed further. - FY2025-H1Appointment as Representative Director and Chairman of the Board and retirement as President and CEOAnnual report
「Representative Director, Chairman Chairman Kakui Ryoichi (角井 亮一) 10 July 2024/Representative Director, Chairman and President Representative Director, Chairman 18 September 2024/Director Representative Director, President and CEO Tanitsuji Masaya (谷辻 昌也) 18 September 2024」
Kakui Ryoichi (角井 亮一) became Representative Director and Chairman, while Tanitsuji Masaya (谷辻 昌也) changed from Representative Director, President and CEO to Director. - FY2024-Q2Representative Director and President changes from Representative Director and President CEO to Chairman of the Board, and the successor CEO takes officeAnnual report
「Chairman of the Board / Representative Director and President CEO Ryoichi Kakui (角井 亮一) — 1 October 2023 / Representative Director and President CEO / Senior Managing Director COO Masaya Tanitsuji (谷辻 昌也) — 1 October 2023」
Founder Ryoichi Kakui (角井 亮一) changed from Representative Director and President CEO to Chairman of the Board, and Masaya Tanitsuji (谷辻 昌也) changed from Senior Managing Director COO to Representative Director and President CEO. The Company did not explicitly state that this change reduced founder-dependence risk. - FY2022RestatedAnnual report
「The Company is also expanding its executive management positions, developing management personnel and delegating authority so as not to become excessively dependent on any particular individual.」
The Company recognizes its dependence on the founder and Representative Director and continues to recruit and develop management personnel and delegate authority. - FY2021First statedAnnual report
「Ryoichi Kakui (角井 亮一), the Company's Representative Director, President and founder, plays an important role in operating the Company's business, including decisions on management policies and strategies.」
The Company recognizes dependence on a specific individual as a risk and states that it will expand its management team, develop management personnel and delegate authority.