Komori
Governance7578NICHIRYOKU CO.,LTD.Retail

Notice Regarding the Establishment of the Committee for Enhancing Corporate Value and Governance Reform

A new committee has been established to consider enhancing corporate value and reforming governance. An outside director will serve as chair, with an outside corporate auditor and an attorney appointed as members. The committee will consider measures to prevent recurrence and strengthen internal controls in response to the disclaimer of an audit opinion and corrections to financial results.

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Governance structure

Committee2
Corporate Value Enhancement and Governance Reform Committee: 2/3 outside members (2 of the 3 membersincluding the chair; the attorney's affiliation is not specified in the body of the notice)
Changes this time

At a meeting of the Board of Directors held on 26 June 2026, a resolution was passed to establish the Corporate Value Enhancement and Governance Reform Committee.

Governance structure
ItemDetails
CommitteeCorporate Value Enhancement and Governance Reform Committee: 2/3 outside members (2 of the 3 members, including the chair; the attorney's affiliation is not specified in the body of the notice)
Changes this timeAt a meeting of the Board of Directors held on 26 June 2026, a resolution was passed to establish the Corporate Value Enhancement and Governance Reform Committee.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To restore market confidence, which declined following the disclaimer of an audit opinion and corrections to financial results, strengthen corporate governance, and consider specific measures to enhance corporate value over the medium to long term.

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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Establishment of the Committee for Enhancing Corporate Value and Governance Reform | NICHIRYOKU CO.,LTD. (7578) timely disclosure | Komori