Nextage Moves to Strengthen Governance with Expanded Audit Board and Higher Auditor Pay

Nextage Co., Ltd. ( (JP:3186) ) has shared an update.

Nextage Co., Ltd. will seek shareholder approval at its February 20, 2026 annual general meeting to amend its Articles of Incorporation to increase the maximum number of Audit and Supervisory Board Members from three to five, aiming to strengthen its audit structure and overall corporate governance. The company is also proposing the reappointment of its current directors, including Representative Director, Chairman and President Seiji Hirota, and outside independent directors Tadamitsu Matsui and Isao Endo, alongside the appointment of certified public accountant Miki Okado as a new outside, independent Audit and Supervisory Board Member. In line with its governance enhancements and the expanding scope of audit responsibilities as the business grows, Nextage plans to raise the annual remuneration cap for Audit and Supervisory Board Members from ¥30 million to ¥50 million, a move intended to support higher audit quality and reinforce oversight as the number of board auditors potentially increases from three to four, including three outside members.

The most recent analyst rating on (JP:3186) stock is a Buy with a Yen3546.00 price target. To see the full list of analyst forecasts on Nextage Co., Ltd. stock, see the JP:3186 Stock Forecast page.

More about Nextage Co., Ltd.

Nextage Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, operating in the automotive-related retail and services sector. The company focuses on buying and selling used cars and related services, targeting nationwide demand for pre-owned vehicles amid a competitive domestic mobility market.

Average Trading Volume: 505,759

Technical Sentiment Signal: Buy

Current Market Cap: Yen276.8B

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