Corporate Governance

For the stable growth of Japanese economy and its sustainable prosperity in the future, we deepen the study of what the socially and economically desirable corporate governance system should be.

Corporate Governance System Study Group

Practical Guidelines for Corporate Governance Systems (CGS Guidelines) (Revised on September 28, 2018)

• Full Text of the revised CGS Guidelines(PDF:2,002KB)
• Executive Summary of the revised CGS Guidelines(PDF:359KB)
• Main Details of Revision to the CGS Guidelines(PDF:90KB)
• Interim Report (Published on May 18, 2018)(PDF:111KB)

Practical Guidelines for Corporate Governance System (CGS Guidelines) (Published on March 31, 2017)

• Summary of the CGS Guidelines(PDF:399KB)
• Full text of the CGS Guidelines(PDF:2,207KB)

Report on Implementation of Corporate Governance -Incentives and Reforms toward an Increase in Corporate Value- (Published on July 24, 2015)

• “Implementation of Corporate Governance – Incentives and Reforms toward an Increase in Corporate Value –”(PDF:114KB)
• Appendix 1 Collection of practices of Japanese companies (in Japanese)(PDF:667KB)
• Appendix 2 Main points of practical deliberations on Directors’ & Officers’ Liability Insurance (D&O insurance) (in Japanese)(PDF:713KB)
• Appendix 3 Guidelines for interpretations on legal matters (in Japanese)(PDF:415KB)
• Reference Outline of efforts taken in the U.K. and the U.S (in Japanese)(PDF:10,422KB)

Interim Report (Published on June 30, 2014 )

• Interim Report on the Roles of and Support System for Non- Executives including Outside Directors and Kansayaku(PDF:539KB)
• Guidelines on Outside Directors and Kansayaku(PDF:203KB)

Final Report of the Ito Review

• Final Report of the Ito Review “Competitiveness and Incentives for Sustainable Growth: Building Favorable Relationships between Companies and Investors”(PDF:1,341KB)
• Final Report Executive Summary(PDF:142KB)

Related Press Releases

• METI Revises the "Guidebook for Introducing Incentive Plans for Sustainable Corporate Growth as Board Members' Remuneration to Promote Proactive Business Management" (March 31, 2023)
• The Practical Guidelines for Corporate Governance Systems (CGS Guidelines) Have Been Revised (July 19, 2022)
• Corporate Governance System (CGS) Study Group (Phase 3) Meeting to be Held (November 15, 2021)
• METI Revises the "Guidebook for Introducing Incentive Plans for Sustainable Corporate Growth as Board Members' Remuneration to Promote Proactive Business Management" (June 7, 2021)
• Revisions to "Practical Guidelines for Holding Virtual Cooperative General Meetings and Board of Directors Meetings" (May 21, 2021)
• “Collection of Successful Case Examples as Appendix to Guidelines on Approaches to Hybrid Virtual Shareholder Meetings” Formulated (February 3, 2021)
• TDK Corporation Selected as Winner of the METI Minister’s Award for Corporate Governance of the Year 2020 (January 7, 2021)
• Call to Open for Public Comments on Draft Collection of Successful Case Examples as Appendix to Guidelines on Approaches to Hybrid Virtual Shareholder Meetings (December 23, 2020)
• METI Revises the “Guidebook for Introducing Incentive Plans for Sustainable Corporate Growth as Board Members’ Compensation to Encourage Companies to Promote Proactive Business Management” (September 30, 2020)
• Study Group on Approaches to Making More Substantial the Dialogues for Creation of Sustainable Corporate Value Compiles Interim Report (August 28, 2020)
• “Practical Guidelines for Independent Directors” Formulated (July 31, 2020)
• Notice to Shareholders(May 22, 2020)
• Q&A on Approaches to Conducting Shareholder Meetings Compiled as Measure for Addressing the Spread of the Novel Coronavirus Disease(April 2, 2020)

Division in Charge

Corporate System Division, Economic and Industrial Policy Bureau
Corporate Accounting, Disclosure and CSR Policy Office, Economic and Industrial Policy Bureau