TOA Corporation
Overview of the Effectiveness Evaluation of the Board of Directors
Toa Construction Industry conducted an effectiveness evaluation of its Board of Directors for fiscal year 2025, confirming enhancements in management and oversight functions. They indicated plans to address challenges such as increasing the ratio of outside directors and improving risk management.
Key Figures
- Number of Board of Directors meetings: 16
- Number of Nomination and Compensation Committee meetings: 5
- Number of Directors: 9 (as of end of March)
AI要約
Evaluation and Areas for Improvement of the Board of Directors
In fiscal year 2025, Toa Construction Industry conducted an effectiveness assessment of its Board of Directors, which was evaluated as functioning generally appropriately in terms of management and oversight. Especially, efforts to have a majority of outside directors and to enhance discussions have progressed, while improving risk management and supervision of major risk cases remains an issue for future development.
Future Initiatives and Challenges
Based on the evaluation results, the company aims to strengthen the long-term direction of the Board of Directors and its risk management framework. Specifically, efforts will focus on deepening strategic and risk discussions, and systematizing succession planning, to improve the Board’s effectiveness.
Toa Construction Industry Co., Ltd.
Company overview · Stock price · Financial data · All IR
