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”The Financial Services Agency (FSA) has been conducting the supervision and inspection regarding cyber security management as a part of system risk control, etc. The threat of cyber attacks is a significant risk for the stability of the financial system. It is necessary to enhance the resilience of the financial system by strengthening the cyber security of not only each financial institution but the financial industry as a whole………..”
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”Sakie Fukushima remembers the novelty of being the only woman on Korn/Ferry International’s board of directors, which she joined in 1995. Ditto when she joined the Sony Corp., Kao Corp. and Benesse Corp. boards years later.
”The end of the financial year reveals the true depths of the self-inflicted wounds at Toshiba, as it seeks to drag itself out of the quagmire created by one of several major accounting scandals to have hit the country’s corporate sector in recent years.
The global consumer electronics firm said it was forecasting full-year losses of $6 billion, and would have to cut more than 10,000 jobs.
Like other Japanese companies currently embroiled in scandals — the optical equipment maker Olympus, the air bag-maker Takata and the construction materials firm Asahi Kasei — Toshiba is also counting the cost of the damage to its reputation, both at home and abroad.
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‘I have just completed the first phase of research into how diverse the European subsidiary boards of the biggest Japanese companies in Europe are, both in terms of the nationality mix of Japanese and European directors, and also the number of women on the board.
In its tenth year, Ethisphere’s annually released ranking of the world’s most ethical companies seeks to acknowledge best practices and point a way forward for businesses looking to be better. (image credit: Pixabay.com)

For the purpose of contributing to improvements in board effectiveness, Deloitte Touche Tohmatsu LLC conducted the survey “Board Practices in Japan 2016”, and invite listed companies to use the results as a benchmark to analyze and evaluate board effectiveness.
Joint Event, hosted by the American Chamber of Commerce in Japan (ACCJ) and the British Chamber of Commerce in Japan (BCCJ)
”TOKYO — Aiming to boost investor confidence in Japanese corporations following the Toshiba accounting scandal, the government decided Friday to create a governance code for auditing firms as early as this year.