This is the 1773rd most frequent Japanese word.
任期
Term of office.
Here, '任期' refers to the duration or term in which a certain individual holds an office or position.
彼の任期は今年の夏で終了します。
His term ends this summer.
In this sentence, '任期' is used to specify the operational period of the company in its function or administration.
会社の任期中に、多くの重要なプロジェクトが完了しました。
During the company's term, many important projects were completed.
'任期' here again refers to the tenure or term of an individual, suggesting an extension to the originally planned duration.