Japan's GCA Corp. nominated Managing Director John Lambros a director on its board.

Meanwhile, Managing Director and board Director Mark McInerney is set to retire, the company said Feb. 14.

The moves are subject to shareholder approval.

Further, the company declared an annual dividend of ¥35 per share for the fiscal year ended Dec. 31, 2017. The annual dividend consists of interim and final dividends of ¥17.5 per share each.

As of Feb. 14, US$1 was equivalent to ¥106.98.