TOKYO, Mar 19 (Pulse News Wire) – Izawa Towel CO.,LTD. (365A.T) announced today that its board of directors has appointed six candidates for director positions and three candidates for audit committee member positions.
The appointments will take effect pending approval at the fifth regular shareholders' meeting scheduled for May 27, 2026. Among the appointees are representatives such as President and CEO Yasuji Izawa and COO Kazuhisa Minami. Additionally, two external directors, Yoshitomo Miyoshi and Keiko Kouno, have been nominated. Three external auditors—Sayaka Miura, Seiki Ohnishi, and a non-permanent auditor—are also up for selection.
Furthermore, two directors and three auditors are set to retire. The transition to becoming a company with an audit committee will occur contingent upon shareholder approval at the same meeting. Following the shareholders' meeting, the company's board structure will consist of nine members, including five outside directors. Izawa Towel plans to implement changes aimed at enhancing governance and oversight mechanisms.
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