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Kazutaka Kuroda

Voting disclosure is a major element of the revision to the code
The proportion of companies disclosing the cap of total pay for executive directors is limited to about 60%.
Visibility on the KPIs for Japanese senior remuneration strategies is low.
Shareholders need to monitor recommendations for transparency and competency.
Government-backed study group publishes its first minutes outlining direction of travel.
Ministry of Economy Trade and Industry’s call for sustainable growth could be an ESG inflection point for investment in the country.
Increased levels of accountability and transparency are needed if Japanese companies are to attract long-term shareholders.

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