Investor Presentaiton
Corporate Governance in Japan: ABEnomics
ABEnomics and the corporate governance
Dai-ichi Life
Holdings
In June 2013, the Cabinet announced "Japan Revitalization Strategy," the
official paper that created “the ABEnomics," and it concluded in order to
ensure that shareholders and other stakeholders proactively support the
forward-looking initiatives by company managers, corporate governance will
be reviewed so that Japanese companies will excel in international
competition. It was translated into Japan's Stewardship Code in February
2014.
In June 2014 the Cabinet announced revised “Japan Revitalization
Strategy," and it touched on a need to enhance corporate governance in
Japan in order to improve Japanese companies' long term profitability and
productivity. A council of advisors later concluded the Tokyo Stock
Exchange should publish Corporate Governance Code. In June 2015 the
Tokyo Stock Exchange adopted Corporate Governance Code in Japan.
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