TOKYO, Apr 15 (Pulse News Wire) – Sanyo Denki CO.,LTD. (6516.T) resolved at its board meeting held, to establish a nomination committee aimed at enhancing the transparency of the director and executive appointment process and strengthening corporate governance.
The committee's primary roles include advising the board on matters such as the selection and removal of directors and executives, the designation and dismissal of the representative director, succession planning, and other issues deemed necessary by the board. It will consist of three or more members selected by the board, with at least half being independent outside directors or auditors.
The chairperson will be chosen from among the independent outside directors. At the April 15, 2026, board meeting, the committee was composed of one internal director and three independent outside directors.
The establishment of the nomination committee took effect.
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