TOKYO, Apr 16 (Pulse News Wire) – Kawaden Corporation (6648.T) resolved at its April 16, 2026 board meeting to establish an advisory nomination and remuneration committee aimed at enhancing transparency and objectivity in the evaluation and decision-making processes related to director appointments and compensation. The committee's primary role will involve reviewing matters such as the composition and balance of the board, the selection and removal of directors, auditors, and executive officers, succession planning, and policies governing their remuneration.
It will consist of three or more directors appointed by the board, with a majority being independent outside directors. Establishment of the committee is set to take place, marking a significant step towards strengthening governance and oversight functions within the company.
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