TOKYO, Mar 24 (Pulse News Wire) – Tokuden CO.,LTD. (3437.T) reported today that its board of directors has conducted a survey aimed at enhancing effectiveness and improving corporate value based on the Corporate Governance Code.
The survey involved eight directors answering 40 questions across five categories, including board composition, operations, agenda, supporting systems, and shareholder dialogue. The analysis concluded that the board's effectiveness is currently sufficient but identified the need to increase opportunities for long-term strategic discussions. Specific areas of focus moving forward include deepening debates on long-term management challenges, particularly around capital cost awareness, and improving operational efficiency and profitability from a holistic perspective.
The company plans to set quantitative targets and key performance indicators (KPIs) to implement concrete measures within departments. Tokuden CO.,LTD. stated it will continue to conduct regular evaluations to further enhance board effectiveness.
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