Japan, stewardship code, Abenomics

11 June, 2018

Japan’s wave of governance reform is welcomed, and isn’t over yet

The end game is a shared one between companies and investors—preserving and enhancing long-term corporate value, benefiting society as a whole and contributing to sustainable economic growth. [pu...
Japan, GPIF, ESG, investment, Tokyo stock exchange

19 February, 2018

GPIF, Japan’s pension fund, to probe external fund manager’s pay

The world’s largest pension fund is to investigate the pay of external fund managers. Japan’s Government Pension Investment Fund (GPIF) is seeking clarity on the links between pay structures an...
Japan, GPIF, ESG, investment, Tokyo stock exchange

2 January, 2018

Japanese companies face call for rapid improvement on ESG

The world's largest pension fund, the Government Pension Investment Fund (GPIF) of Japan, wants to see its home market become the fastest-improving country on ESG rankings in 2018. GPIF's chief inv...
Japan, stewardship code, Abenomics

13 November, 2017

Origins of investor stewardship and the Japan code

Stewardship is not a new concept. The seminal 1992 Cadbury Report recommended that investors should disclose their policies on the use of their v...

13 November, 2017

ESG low priority for more than half of Japanese companies, survey shows

A survey of Japanese companies has found that more than half, 58%, have no interest in joining an index that measures performance on environmental, social or governance (ESG) metrics. The news come...
Tokyo, Japan, Japan's boards

21 July, 2017

Poll shows Japanese boards hesitate to increase shareholder returns

Less than one-third of Japanese boards are planning to increase shareholder returns this year, although their cash balances are at record highs, according to a new poll from Reuters. This comes at ...
Japan, GPIF, ESG, investment, Tokyo stock exchange

14 July, 2017

World’s largest pension fund GPIF to allocate more to ESG

The Government Pension Invest Fund of Japan (GPIF), the world's largest pension fund, is set to significantly increase its ESG holdings. The fund currently has 3% of its $1.3trn in assets allocated...
Tokyo, Japan, Japan's boards

10 July, 2017

Japan’s boards face criticism over former executives’ retirement perks

Japan's corporate boards are coming under increasing pressure from shareholders to be more transparent regarding the salaries and roles of former executives. For more than 20 years, boards in Japan...
Philippines, Metro Manila, Makati

5 July, 2017

Legal and Regulatory Roundup – Europe & Asia

Philippines faces corporate governance 'obstacles'  The biggest obstacle to raising corporate governance standards in the Philippines to a regional and global par is the failure of l...

21 June, 2017

Japan’s big corporates shift to provide AGM agendas online

Japanese firms are beginning to release the topics and agendas of their annual shareholders' meetings online, before they send them out by mail to investors. The development comes in response to grow...