Source disclosure: February 06, 2026
TOKYU CONSTRUCTION CO., LTD. [1720.T]
TOKYO, Feb 06 (Pulse News Wire) – TOKYU CONSTRUCTION CO., LTD. (1720.T) resolved today to transition from a board of auditors structure to an audit committee structure, subject to approval at its upcoming annual shareholders' meeting scheduled for late June.
The move aims to enhance corporate governance and strengthen supervisory functions within the board. Under the new structure, audit committee members responsible for overseeing the execution of duties by directors will join the board, further reinforcing oversight capabilities.
The company views this shift as crucial for achieving long-term value enhancement as outlined in its "To zero, from zero." long-term business plan. Details of the necessary amendments to the articles of incorporation will be disclosed once finalized.
Additionally, changes in executive personnel related to this transition were separately announced earlier today.
AI-translated content. 🟢 Confidence: High See terms • Original filing