May 9,
2003
Asahi Kasei Corporation
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Transformation
to Holding Company Configuration —
New Asahi Kasei Group Organization and Structure |
The Board of Directors of
Asahi Kasei Corporation today
approved, for submission to its regular General Meeting
of Shareholders, a program for transformation of the corporate
configuration to that of a holding company and seven constituent
corporations as of October 1. Under this program, all core
businesses are to be transferred to the constituent corporations.
A new system of executive officer management will be adopted,
the number of board directors will be reduced, and a new
Group Advisory Committee will be established, to enhance
management speed and transparency.
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here for the full release in PDF format.
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