NSK Ltd. (JP:6471) has released an update.
NSK Ltd. is committed to enhancing corporate governance by clearly defining its mission to contribute to society through innovative technology and striving for sustainable growth while increasing shareholder value. The company complies with all principles of the Corporate Governance Code, has reduced cross-holding shares to focus on mid- to long-term value, and emphasizes diversity in its workforce to improve competitiveness and risk management. NSK has also localized management, ensuring that a majority of key positions are held by national employees to support regionally agile business practices.
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