Source disclosure: February 27, 2026, 14:00 JST
AICHI STEEL CORPORATION [5482.T]
TOKYO, Feb 27 (Pulse News Wire) – Aichi Steel Corporation (5482.T) announced today that its board of directors has resolved to transition from an audit committee structure to a supervisory committee structure, contingent upon approval at its 122nd Ordinary General Meeting of Shareholders scheduled for June 2026. The move aims to enhance corporate governance and improve decision-making efficiency.
Key changes include establishing a new position within the board for directors who also serve as audit committee members. Post-transition, four out of nine directors will be independent outside directors, with two serving as audit committee members.
The company plans to disclose details of the necessary amendments to its articles of incorporation promptly after finalizing them.
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