Dependence on 2 Founding Directors
First written in FY2022. 5 of 6 entries say "Mitigated", first in FY2023. Latest entry: 2026-07-10.
The whole theme swung hardest in 2017: 2 of 14 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As of 31 August 2025, the 2 directors were also major shareholders, holding 49.7% of our total issued shares, including shares held directly and indirectly. As our business expands, we are working to build a management structure that does not depend on these 2 directors.」
The ownership ratio of the 2 founding directors declined from 52.7% in the previous fiscal year to 49.7%, and the policy of building a management structure that does not depend on them continues. - FY2024MitigatedAnnual report
「As of 31 August 2024, the 2 directors were also major shareholders, holding an aggregate of 52.7% of our total issued shares, including shares held directly and indirectly. As our business expands, we are working to build a management structure that does not depend on these 2 directors.」
The ownership ratio of the 2 founding directors declined from 57.4% in the previous fiscal year to 52.7%, and the policy of building a management structure that does not depend on them continues. - FY2023MitigatedAnnual report
「As of 31 August 2023, the 2 directors were also major shareholders, holding an aggregate of 57.4% of our total issued shares, including shares held directly and indirectly. As our business expands, we are working to build a management structure that does not depend on these 2 directors.」
The ownership ratio of the 2 founding directors declined from 83.6% to 57.4%, and the policy of building a management structure that does not depend on them is described. - FY2022First statedAnnual report
「As of 31 August 2022, the 2 directors were also major shareholders, holding an aggregate of 83.6% of our total issued shares, including shares held directly and indirectly.」
The 2 founding directors play important roles in management policy and business strategy and hold 83.6% of the shares.