Towa Corporation (JP:6315) has released an update.
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TOWA Corporation is committed to enhancing its corporate governance to foster sustainable growth and improve long-term corporate value, focusing on legal and social responsibility, transparency, rapid response to environmental changes, and shareholder relations. The company, founded in 1977, upholds a corporate mission to advance industries with key technologies, maintaining a competitive lead. While adhering to most governance principles, TOWA acknowledges the lack of independent outside directors with other company management experience, with plans to nominate such directors to enhance board effectiveness.
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