Sanyo Engineering & Construction Enhances Corporate Governance Amid Digital Transformation Efforts

TOKYO, Jun 23 (Pulse News Wire) – Sanyo Engineering & Construction Inc. (1960.T) disclosed its board effectiveness evaluation results aimed at improving corporate governance.

The assessment was conducted by an independent external director committee consisting of outside directors and auditors, similar to last year's process based on Corporate Governance Code Supplementary Principle 4-11(3). Key findings highlighted the overall operational efficiency of the board in approving significant management matters but noted areas requiring continuous monitoring for improvement, such as clarifying long-term strategic direction with the launch of the 14th medium-term business plan, enhancing the roles of the board and executive meetings, and deepening stakeholder information disclosure related to digital transformation efforts.

In response, the company plans to focus on strengthening its governance structure moving forward. Specific actions include closely tracking the performance of board functions, advancing discussions on leadership development and sustainable enhancement of management systems, and enriching information disclosure on digital initiatives through quantitative metrics.

These measures aim to build an effective governance framework beyond mere oversight.