Exedy Overhauls Governance With Shift to Nominating Committee Structure

Exedy Corporation ( (JP:7278) ) has issued an announcement.

Exedy Corporation will transition from a company with a board of corporate auditors to a company with a nominating committee, subject to shareholder approval at the June 2026 ordinary general meeting, in a bid to accelerate decision-making and strengthen management transparency. The move will formalize three statutory committees—nominating, compensation, and audit—with independent outside directors forming the majority, thereby clarifying the separation between supervisory and executive functions, reinforcing board oversight, and aligning the governance structure more closely with global best practices; associated changes include the reclassification of current directors into the new structure, the retirement of existing corporate auditors, and the appointment of executive officers, including elevating President and CEO Tetsuya Yoshinaga to Director, Representative Executive Officer and promoting Hiroshi Toyohara to Director, Representative Executive Officer and Executive Vice President.

The most recent analyst rating on (JP:7278) stock is a Buy with a Yen6687.00 price target. To see the full list of analyst forecasts on Exedy Corporation stock, see the JP:7278 Stock Forecast page.

More about Exedy Corporation

Exedy Corporation is an automotive components manufacturer listed on the Tokyo Stock Exchange Prime Market, specializing in clutches, torque converters, and related drivetrain products for global automakers. The company focuses on enhancing its governance and management structure to support sustainable growth amid rapid changes in the automotive and mobility sector.

Average Trading Volume: 116,413

Technical Sentiment Signal: Buy

Current Market Cap: Yen210B

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