Axxzia Introduces Delegated Executive Officer System

TOKYO, Jul 21 (Pulse News Wire) – AXXZIA Inc. (4936.T) announced on July 21 that it has resolved to introduce a delegated executive officer system during its board meeting held on the same day.

The purpose of this move is to enhance corporate governance by clearly separating decision-making and supervisory functions from operational execution, thereby improving efficiency, speed, and accountability in management processes. Under the new system, which will take effect on November 1, 2026, the appointment and dismissal of executive officers will be decided based on recommendations from the nomination committee within the board of directors. Executive officers will operate under the supervision of the board, adhering strictly to its policies.

Their term will generally last one year, and directors may concurrently serve as executive officers. This transition marks the end of the company's previous employment-based executive officer system. The newly established executive committee will focus on strengthening operational execution functions through enhanced efficiency, quicker decision-making, and clearer responsibility delineation.