Okinawa Electric Power to Revamp Governance with Audit and Supervisory Committee Structure

Okinawa Electric Power Co ( (JP:9511) ) has provided an announcement.

The Okinawa Electric Power Company plans to change its governance structure by shifting from a company with an Audit and Supervisory Board to one with an Audit and Supervisory Committee, subject to approval at its 54th Ordinary General Meeting of Shareholders on June 26, 2026. To support this transition, the company will amend its Articles of Incorporation to remove provisions related to the existing audit body, establish new rules for the Audit and Supervisory Committee, and introduce provisions allowing the delegation of key business execution decisions to directors, a move aimed at reinforcing board oversight and strengthening overall corporate governance.

More about Okinawa Electric Power Co

The Okinawa Electric Power Company is a Japanese utility that supplies electricity in the Okinawa region and is listed on the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange. The company operates under a regulated framework and focuses on providing stable power supply while maintaining strong corporate governance and oversight structures.

Average Trading Volume: 205,525

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen51.43B

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