Effectiveness Evaluation

Evaluation of Effectiveness of the Board of Directors

NHK Spring believes that it is important to continuously strengthen corporate governance in order to achieve sustainable growth and improve corporate value over the medium to long term. To enhance stakeholders' trust in our corporate governance, since FY2017, we have been annually analyzing and assessing the effectiveness of our Board of Directors and addressing issues identified through the evaluation.

Questionnaire Evaluation Method and Evaluation Content

Self-evaluation by questionnaire is conducted for Members of the Board and Members of the Audit & Supervisory Board. These steps and the questionnaire contents are as follows.

Evaluation Method and Contents

Overview of self-evaluation results

The following summarizes the results of the self-evaluation and the corresponding improvement measures.

  1. Overview of Evaluation Results in FY2024

    ・The results of the feedback for each evaluation item were generally high overall. In particular, “2 Operation of the Board of Directors” and “4 Operation of the Nomination and Compensation Committee” show improved ratings primarily due to revised criteria for Board agenda items and increased time and frequency of deliberations by the Nomination and Compensation Committee.
    ・ Meanwhile, regarding “5 Communication with shareholders and investors,” the evaluation identified a need for deeper engagement in response to growing expectations from shareholders and investors.

  2. Future Initiatives

    In response to the evaluation results in FY2024, we will strengthen the following initiatives in FY2025.
    ・ Continue to expand opportunities for the CEO to directly explain to investors and shareholders
    ・ Promote sharing and reporting feedback from discussions with investors and shareholders at Board of Directors meetings
    ・ The secretariat thoroughly reviews deliberation documents and clarifies key issues in advance to further revitalize and streamline discussions by the Board of Directors

Questionnaire Results

The questionnaire results are as follows.

QuestionnaireContent