Japan’s Corporate Governance Code is in the process of being revised for the first time in its three years of existence. The current Code is said that many companies’ compliance is still a mere formality and the Code’s directives are not driving improvement in governance. The Code will likely need to be periodically revised on an ongoing basis to effectively broaden compliance to smaller companies and other still-noncompliant companies.

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About the Author

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  Chie Mitsui

  Senior Researcher

  Digital Financial Business Planning Department Ⅰ