TOKYO, May 21 (Pulse News Wire) – Ichigo Inc. (2337.T) disclosed today the results of its annual evaluation of board effectiveness aimed at enhancing corporate governance.
The evaluation, conducted since 2017, assesses various aspects of the board's performance, including composition, operations, and stakeholder engagement. The board consists of nine members, five of whom are independent outside directors appointed according to Tokyo Stock Exchange criteria. An independent director serves as chairperson for the self-assessment process, which includes a questionnaire covering six key areas: board composition, operational efficiency, effectiveness, supporting structures, stakeholder relations, and sustainability initiatives. Results indicate that the board conducts effective discussions leveraging individual expertise and experience, adhering to the principles outlined in the Corporate Governance Code.
Discussions focus on robust oversight of management activities. Looking ahead, Ichigo plans to continue utilizing the evaluation framework to improve board functionality and transparency. The company emphasizes ongoing communication with shareholders and investors while striving to maintain and enhance board effectiveness. Efforts are geared towards building a stronger corporate structure and further increasing enterprise value.
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