TOKYO, Mar 31 (Pulse News Wire) – Nichirin CO.,LTD. (5184.T) disclosed its board effectiveness evaluation based on the Corporate Governance Code.
The assessment involved surveys with all directors and outside directors, covering 11 and 20 items respectively. The evaluation found high average scores across almost all categories, indicating effective board performance.
However, areas needing improvement were identified, such as training for executives, diversity among board members, timely distribution of meeting materials, and quantitative discussions on investment direction and recovery. In light of these findings, the company plans to continue efforts toward further enhancements in governance practices, aiming to enhance corporate value through transparent and fair decision-making processes.
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