TOKYU CONSTRUCTION CO., LTD. [1720.T]
TOKYO, Jun 24 (Pulse News Wire) – TOKYU CONSTRUCTION CO., LTD. (1720.T) revised its executive system and changed roles within the management team effective July 1, 2026.
The changes were approved during the 23rd regular shareholders' meeting held on June 24. The revisions aim to enhance corporate governance and improve operational efficiency. Key changes include: 1. Introduction of delegate-type executives (Corporate Officers) who will take over some operations previously managed by executive directors. 2.
Creation of Senior Executive Officer positions based on experience, performance, and integrity. 3. Appointment and term lengths for all executive officers will now be decided by the Nomination and Remuneration Committee followed by the Board of Directors, with a one-year tenure. Other notable changes involve shifts in responsibilities among various department heads and senior executives across different business units. These adjustments reflect the company's commitment to sustainable growth and improved corporate governance.
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