Source disclosure: February 26, 2026, 16:00 JST
GECOSS CORPORATION [9991.T]
TOKYO, Feb 26 (Pulse News Wire) – GECOSS CORPORATION (9991.T) resolved today to transition to an audit committee firm and establish a nomination-pay committee, contingent upon approval at its upcoming annual shareholders' meeting scheduled for June. The move aims to enhance corporate governance by strengthening supervisory functions within the board of directors and improving discussions on management policies and long-term strategies.
Additionally, the company plans to ensure objectivity, transparency, and fairness in the processes of nominating and compensating executives through the establishment of the independent nomination-pay committee. The nomination-pay committee will consist of members selected by the board of directors, with more than two-thirds expected to be independent outside directors.
The changes follow efforts to improve corporate governance and ensure sustainable growth and enhanced enterprise value over the medium to long term. Further details on the personnel changes accompanying the transition and the specifics of the proposed amendments to the articles of incorporation will be disclosed separately.
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