MIDAC HOLDINGS CO.,LTD. [6564.T]
TOKYO, Jun 18 (Pulse News Wire) – Midac Holdings CO.,LTD. (6564.T) conducted an evaluation of its board's effectiveness for the fiscal year ending March 2026.
The assessment was based on responses from all directors, including audit committee members, through anonymous questionnaires covering governance structure, roles, composition, operations, decision-making processes, oversight functions, and stakeholder relations. The overall effectiveness of the board was deemed satisfactory across all categories. Notably, improvements in operational efficiency since the previous year were recognized.
However, challenges remain in providing timely information for decision-making and maintaining organized documentation. In light of these findings, Midac’s board plans to implement measures aimed at enhancing its effectiveness further. Initiatives will address identified shortcomings and incorporate suggestions from individual directors to achieve a more efficient and impactful board.
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