In today’s briefing:
- Corporate Governance in Japan Is Improving, but Has yet to Take Steps to Create Value
Corporate Governance in Japan Is Improving, but Has yet to Take Steps to Create Value
- % of independent directors continued a modest rise, and % of women board members still reached 10% level. 6 of 1,788 companies transitioned to Company with US type 3 Committees.
- Growth Policy score improved as more companies included ROIC in their KPIs, and AGM Disclosures score improved as the majority of prime market listed companies joined the voting platform.
- Scores related to the use of cash and IR Disclosures score also didn’t improve noticeably. Companies are not taking action on how to use cash to expand their corporate value.
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