Geomatec Enhances Board Effectiveness Through Annual Evaluation

TOKYO, Jul 01 (Pulse News Wire) – Geomatec CO.,LTD. (6907.T) disclosed the results of its annual board effectiveness evaluation based on the Corporate Governance Code set forth by the Tokyo Stock Exchange.

The assessment was conducted through a questionnaire distributed to all directors, including audit committee members, in May 2026. The evaluation covered four main areas: composition of the board, operational procedures, agenda topics, and support systems. Directors rated each area and provided comments detailing reasons for their evaluations, potential risks, and improvement points.

While the overall functionality of the board was deemed satisfactory, several key areas require further enhancement, including discussions on succession planning for the CEO, strategic planning, executive appointments, and support mechanisms for the board. In response to these findings, GEOMATEC's board plans to implement measures aimed at improving effectiveness. Regular assessments and analyses will continue to ensure ongoing enhancements to board performance and corporate governance standards.