NO&T Japan Legal Update
I. Corporate Governance Code
Since its introduction in 2015, the Japanese Corporate Governance Code (the ‘Code’) has been a significant factor in the number and type of corporate transactions undertaken by listed companies in Japan. The Code has been promoted by the Japanese government with the aim of improving the mid to long-term profitability and productivity of Japanese companies with a particular focus on Return on Equity (‘ROE’). One example of this kind of activity is the introduction of performance shares and restricted stock. Supplementary Principle 4.2.1 of the Code provides that:
Makoto Saito, Shinichiro Horaguchi, Yoshihisa Watanabe (Co-author)
Takehito Matsumoto
(June 2025)
Ichiro Oya, Masayuki Fukuda, Hideaki Suda, Tsutomu Endo (Co-author)
Takashi Itokawa, Takahiro Kitagawa (Co-author)
Takashi Itokawa, Takahiro Kitagawa (Co-author)
Motoki Saito, Gaku Oshima, Yuta Kawamura (Co-author)
(December 2024)
Hiromi Hattori, Yuichi Miyashita (Co-author)
Motoki Saito
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Ario Putra Pamungkas
Long Nguyen
Rashmi Grover
Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Ario Putra Pamungkas
Rashmi Grover
(December 2024)
Hiromi Hattori, Yuichi Miyashita (Co-author)