Lesson 81


Today’s Business Japanese is “Dokuritsu Shagai Torishimariyaku (Independent Outside Director)”.

 

It is reported that 72.8% of the 2,191 listed companies in Japan has elected Independent Outside Director whose number is more than one thirds of the total number of directors.

72.8% was increased by 14.1 points since last year and many listed firms have realized better corporate governance in Japan.

 

But, even if Japanese companies increased the number of “Dokuritsu Shagai Torishimariyaku”, there are still a lot of scandals such as Toshiba, Mitsubishi Electric, and Nissan.

And most of the private companies have not introduced “Dokuritsu Shagai Torishimariyaku” because listed firms have not improved their business after introducing them.

 

In addition to it, the number of listed companies who introduced “Shimei Iinkai (Nominating committee)” is 1,452 out of 2,191. which increase from 58.0% to 66.3%.

 

In the past, all directors was promoted from inside of the companies and the next president was nominated by the present president in Japan. Thus, corporate governance in Japan has change a lot, but we still have to watch whether it really works.


Leave a Reply

CAPTCHA





Copyright(C) TSUBASA JAPANESE LANGUAGE SCHOOL. All Rights Reserved.