TOKYO, May 13 (Pulse News Wire) – Shofu Inc. (7979.T) resolved during its board meeting held, to abolish the advisor system effective June 24, 2026, aiming to further enhance transparency in management.
The decision follows a strategic review aimed at strengthening governance structures within the company. Post-retirement, former directors will generally exit the organization; however, those deemed particularly valuable due to their expertise may continue to serve as advisors through individual consultancy agreements subject to approval by the Nomination and Remuneration Committee and the Board of Directors.
This move underscores Shofu's commitment to clear and transparent leadership practices, aligning with broader trends in corporate governance reforms across Japan.
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