TOKYO, Apr 24 (Pulse News Wire) – KOA Corporation (6999.T) disclosed its board effectiveness evaluation results for fiscal 2025, confirming the robustness of its governance framework while identifying areas for improvement. The evaluation was conducted based on self-assessment questionnaires completed by all directors, focusing on board composition, common understanding among directors, operational efficiency, strategic discussions, stakeholder engagement, internal controls, and director training.
Key findings included enhanced clarity in roles due to the introduction of executive officer positions, leading to more active participation and higher-quality deliberations. Strategic discussions increased, particularly around long-term business strategies, fostering innovative perspectives.
However, challenges remain in diversifying the board, especially in increasing the ratio of external and female directors, and deepening discussions on capital cost-based long-term strategies. Additionally, the company recognized the need to strengthen oversight on investment cases through rigorous financial and legal reviews and to enhance dialogue with stakeholders beyond shareholders, including employees, customers, and environmental concerns, to reflect broader interests in decision-making processes.
🟢 Confidence: High AI-translated content.