icon-angleicon-facebookicon-hatebuicon-instagramicon-lineicon-linked_inicon-pinteresticon-twittericon-youtubelogo-not
SCROLL
TOP
Publications
Newsletters

Recent Trends on Regulations on Stock-Based Compensation in Japan

NO&T Japan Legal Update

Author
Motoki Saito
Publisher
Nagashima Ohno & Tsunematsu
Journal /
Book
NO&T Japan Legal Update No.18 (July, 2019)
Reference
Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

I. Introduction
Executives of listed companies in Japan have historically received compensation as a fixed amount of cash that is not linked to company performance. However, in recent years many listed companies in Japan have begun to introduce new types of compensation linked to the company’s financial performance, such as restricted stock or performance shares. This change in executive remuneration is in response to measures taken by the Japanese government and the stock exchange which are intended to improve the mid- to long-term business results and shareholder value of companies listed in Japan as an incentive for sustainable growth. The introduction of the Corporate Governance Code by the Tokyo Stock Exchange in 2015 is one such example.

Download Newsletter PDF

Lawyers

Corporate Related Publications

General Corporate Related Publications

Apply Select Practice Areas
Apply