Question About Good Board Practices for Japanese Companies

I have a question for anyone experienced who has ever sat on a Japanese board. What specific practices, which are not included in those required by law, have you found to be most helpful in dealing with difficult situations or making sure that key issues, risks or possible problems were not missed?

The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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