Air Water ( (JP:4088) ) has provided an update.
Air Water has overhauled its governance framework by transitioning to a Company with an Audit and Supervisory Committee following shareholder approval at an extraordinary meeting on September 22, 2026. The move is designed to enable more substantive board discussions on management strategy, major risks, internal controls and group oversight, while giving audit and supervisory committee members voting rights at board meetings.
The board also appointed independent outside director Mikihiko Kato as chairperson to clearly separate oversight from execution and reinforce objective, transparent supervision of management. With a majority of outside directors now on both the board and the audit and supervisory committee, the company sees this new structure as a fresh start to rebuild trust after inappropriate accounting practices and to enhance sustainable corporate value for stakeholders.
More about Air Water
Air Water Inc., listed on the Tokyo Stock Exchange Prime Market and the Sapporo Stock Exchange, operates in Japan as a diversified industrial company. The group’s businesses span industrial and medical gases and related services, positio...