Ubicom Holdings. Inc. (JP:3937) has released an update.
Ubicom Holdings, Inc. emphasizes the importance of corporate governance to enhance corporate value and maintain global competitiveness, aiming to maximize shareholder profits and ensure efficient business operations with a strong compliance focus. The company acknowledges gaps in its governance practices, such as succession planning, CEO appointment and dismissal procedures, and management remuneration, and is considering future enhancements to address these areas. There is also an ongoing consideration to improve the Board of Directors’ effectiveness and independence, despite the absence of a formal evaluation process.
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