Joshin Corporation
Summary of the Evaluation Results on the Effectiveness of Our Board of Directors
Published the 2025 fiscal year evaluation results on board effectiveness. With a 75% ratio of outside directors, vigorous exchanges of opinions were held, and a foundation for the monitoring system was established. However, issues remain regarding deepening strategic discussions and information provision.
Key Figures
- Outside Director Composition Ratio: 75% (after transition to a company with an audit and supervisory committee)
- ROE Target: Downward revision in next medium-term management plan
- Performance-Linked Stock Compensation Indicator: ROE introduced from fiscal year ending March 2027
AI要約
Overview of Board Effectiveness Evaluation
Joshin Corporation conducted an evaluation of the Board of Directors’ effectiveness for the 2025 fiscal year (ending March 2026). The Board Evaluation Committee, mainly composed of outside directors, conducted a survey and deliberated at the board meeting. Due to the transition to a company with an audit and supervisory committee, the proportion of outside directors reached 75%, facilitating active exchanges of diverse insights. The monitoring system foundation was recognized as having progressed.
Issues and Future Initiatives
Challenges remain in deepening medium- to long-term growth strategies and promoting efficient management mindful of capital cost. The ROE target has been downwardly revised. KPIs for improving profitability and PDCA cycle construction are underway. To enhance board agility and monitoring functions, institutional framework improvements, annual agenda setting, and revision of the succession plan have been implemented. In fiscal 2026, these initiatives will be promoted to improve board effectiveness and increase corporate value.
