NIPPON STEEL (JP:5401) has released an update.
Nippon Steel Corporation has refined its corporate governance to ensure swift decision-making and enhanced Board of Directors oversight, aiming for sustainable growth and increased corporate value. The structure includes a mix of internal and independent directors, with one-third of the board comprised of independent outside directors to bolster objective decision-making and management supervision. Regular meetings with outside directors are held to address management challenges and strategy formulation.
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