LY Corporation (JP:4689) has released an update.
LY Corporation emphasizes the importance of corporate governance as essential to increasing corporate value in the medium to long term. The company has established a Nominating and Remuneration Committee for succession planning and refrains from disclosing medium- to long-term management plans due to current transitional changes. Additionally, LY Corporation does not engage in mutual shareholdings and has a clear policy for exercising voting rights, aimed at improving the Group’s corporate value and maintaining independence in its Board of Directors.
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