Upon receiving the investigation report from the Special Investigation Committee, six core measures for recurrence prevention will be implemented. These include refreshing Ogijimu’s management structure and strict compliance with antitrust laws, strengthening group governance, improving information systems, and conducting training. The Extraordinary General Meeting of Shareholders will also decide on leadership changes and no stock-based compensation. 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These include refreshing Ogijimu's management structure and strict compliance with antitrust laws, strengthening group governance, improving information systems, and conducting training. The Extraordinary General Meeting of Shareholders will also decide on leadership changes and no stock-based compensation. The impact on the fiscal year ending March 2027 is expected to be minor.","jir_summary":"### Background and Implementation of Recurrence Prevention Measures\nThis is a resolution by the board of directors to formulate six core items of recurrence prevention measures aimed at ensuring compliance with antitrust laws and fair bidding, based on the receipt of the investigation report from the Special Investigation Committee. Specifically, it includes board-level commitments, the establishment of antitrust compliance guidelines, training for all executives and staff, strengthening the group governance framework, aligning business processes and information systems, and refreshing Ogijimu's management structure and governance.\n\n### Organization, Personnel and Outlook\nA new management structure has been announced following changes in Ogijimu's representative director and the resignations of directors and audit & supervisory board members. It was decided that no stock-based compensation will be awarded to directors for the fiscal year ending March 2027 (excluding directors who are auditors). The company will consider introducing third-party checks and a group-wide compliance foundation in the medium to long term and will progressively implement them.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"#ChielCorporation_general_IR_information, #RecurrencePreventionMeasures, #ComplianceEnhancement","jir_key_figures":"New leadership framework: Ogijimu's new governance structure includes Representative Director Kawai Shiki and two other directors, plus an audit committee member\nStock-based compensation not awarded: For the fiscal year ending March 2027, five directors (excluding the directors who are auditors) and three audit committee directors will have 100% of stock-based compensation not awarded\nExtraordinary General Meeting date: Scheduled for August 31, 2026 (Ogijimu)","jir_meta_title":"Chiel Corporation \u2013 Formulating and Implementing Recurrence Prevention Measures | August 19, 2026","jir_meta_description":"Chiel Corporation, upon receiving the Special Investigation Committee's report, resolves six core recurrence prevention measures. It will progressively implement management restructuring, governance strengthening, group-wide management enhancement, and information system improvements. Minor impact is projected for fiscal 2027.","jir_og_title":"Chiel Corporation \u2013 Formulating and Implementing Recurrence Prevention Measures | August 19, 2026","jir_og_description":"In response to the Special Investigation Committee's report, six recurrence prevention measures have been resolved. Initiatives include a refreshed management structure, strengthened group governance, and strict compliance.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59949,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-105371","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n