Draft of New Guidelines Published. On June 8, 2023, the Ministry of Economy, Trade, and Industry (“METI”), a Japanese government agency tasked with promoting economic vitality in the private sector,[1] published (in draft...more
Recently, the Ministry of Justice (MOJ) of Japan, which has jurisdiction over the commercial registration system, has taken measures to require certain foreign companies to file for commercial registration pursuant to the...more
The pressure on Japanese firms to appoint more outside directors is increasing.
Japan has long lagged much of the rest of the world in requiring outside directors on the boards of its listed companies. The United...more