TSURUHA HOLDINGS INC. [3391.T]
TOKYO, Apr 21 (Pulse News Wire) – TSURUHA HOLDINGS INC. (3391.T) disclosed its evaluation of board effectiveness based on the Corporate Governance Code.
The assessment was conducted through a self-evaluation survey among all directors and discussions during board meetings. The analysis revealed generally positive responses across various criteria, indicating satisfactory adherence to the governance standards set forth by the code. However, the company identified areas requiring further improvement, particularly concerning the enhancement of debate and monitoring functions within the board. Efforts have been made to deepen discussions around economic and social value alignment and strategic investment planning.
The group vision includes setting numerical targets, strategies, and cash allocation for achieving the goal of becoming a "Life Store." In light of the recent evaluation, TSURUHA HOLDINGS plans to focus on strengthening board functions aimed at creating enterprise value. This includes ensuring investments align with long-term strategies while considering capital costs and stock prices. The company intends to enhance ongoing deliberation and execution processes to foster continuous improvement in board operations. Moving forward, TSURUHA HOLDINGS remains committed to enhancing the effectiveness of its board governance structure based on the feedback received and identified challenges.
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