TOKYO, Mar 12 (Pulse News Wire) – Heiwa Paper CO.,LTD. (9929.T) resolved today to transition from an audit committee structure to an audit and supervisory committee structure, contingent upon approval at its upcoming annual shareholders' meeting scheduled for March 12, 2026.
The purpose of the transition is to enhance decision-making efficiency among directors, strengthen oversight functions, and further solidify governance and corporate value. The company plans to implement this change following necessary amendments to its articles of incorporation, which will be presented for shareholder approval during the meeting on June 25, 2026.
Further details regarding the changes to the articles of incorporation and personnel appointments will be communicated in due course. This move underscores HEIWA PAPER's commitment to improving corporate governance and operational effectiveness ahead of the planned transition date.
🟡 Confidence: Standard AI-translated content.