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Corporate Governance

Changing Japanese management – a talk on 6 October 2016 at the Embassy of Sweden

Corporate governance reforms in Japan

Changing the way Japanese corporations are managed: Can it make Japanese iconic corporations great again?

A talk by Gerhard Fasol at the Embassy of Sweden organized by the Embassy of Sweden, The Swedish Chamber of Commerce in Japan (SCCJ), and the Stockholm School of Economics

You need to know more details about corporate governance reforms in Japan?

Corporate governance reforms in Japan – practical views

Abstract: Changing the way Japanese corporations are managed

The Executive Management Board and the Supervisory Board are normally independent and composed of different people – except in Japan. In Japan traditionally Executive Management Board and the Supervisory Board are one and the same, ie the Executives of traditional Japanese companies supervise themselves – no surprise that the CEO seldom fires himself!

It is obvious that such self-supervision has big disadvantages, and may be one of the major reasons for Japan’s weak economic growth, and several recent corporate scandals. Companies in basically all other countries are managed by an Executive Management Board, which is supervised by a Supervisory Board, which approves or vetoes all major decisions of the company, and evaluates the performance of the Executive Manager, including the Chief Executive/CEO, and if necessary fires executives including the CEO, and selects and approves the new CEO.

To remedy this problem with the governance of Japanese corporations, Japan’s Government, the Tokyo Stock Exchange, and the Financial Services Agency have been changing the rules to improve the supervision of Japanese companies.

Speaker profile

Dr. Gerhard Fasol is one of a microscopic number of foreigners who is an independent Director on the Management and Supervisory Board, and also a Member of the Audit Board of a stock market listed Japanese corporation, and he will talk from several years of first-hand experience of how Japanese companies are supervised, which changes are on the way, and which further improvements are necessary to improve the management and supervision of Japanese corporations.

Date: Thursday October 6th, 2016, 18:30

Place: Alfred Nobel Auditorium, Embassy of Sweden, 10-3-400 Roppongi 1-chome, Minato-ku, Tokyo 106-0032

Details and registration

Further details here.

To register please contact the Swedish Chamber of Commerce in Japan.

Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016
Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016
Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016
Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016
Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016
Gerhard Fasol "Corporate governance reforms in Japan" Embassy of Sweden on 6 October 2016
Gerhard Fasol “Corporate governance reforms in Japan” Embassy of Sweden on 6 October 2016

Copyright (c) 2016 Eurotechnology Japan KK All Rights Reserved

Categories
Economics Japan's energy sector

Japan’s electricity and new energy policy

Stockholm School of Economics at the Embassy of Sweden in Tokyo (Alfred Nobel Lecture Theatre)

European Institute for Japanese Studies EIJS

Gerhard Fasol "Japan's electricity and new energy policy" Embassy of Sweden
Gerhard Fasol “Japan’s electricity and new energy policy” Embassy of Sweden

Announcement and summary on the website of Stockholm School of Economics.

This talk is based on data from our reports:

European Institute of Japanese Studies (EIJS) Academy Seminars

About the talk: Japan’s electricity architecture was put in place in 1952 and was not much changed until 2011. Electricity liberalization, introduction of smart meters and smart grids bring very large investments in Japan’s energy infrastructure, and are creating huge opportunities for Japanese and foreign companies in Japan’s energy sector. At the same time there is much uncertainty about Japan’s nuclear program -will Japan’s nuclear power plants restart? The talk will explain Japan’s energy architecture today and how we arrived at today’s situation and will give you some tools to understand possible scenarios for Japan’s energy and electricity future.
As an introduction, you may watch Gerhard’s interview for The Economist about Japan’s energy situation here

About the speaker: Gerhard came first to Japan in 1984 to help build what was NTT’s first international R&D cooperation and has worked with Japan ever since. Gerhard is founder and CEO of Eurotechnology Japan KK, where he has worked for 100s of US, EU and Japanese companies on M&A and business development, and he is independent Member of the Board of Directors
of the Japanese company GMO Cloud KK, a cloud services company with about 500 employees and traded on the Tokyo Stock Exchange. Gerhard is also the creator and curator of the Ludwig Boltzmann Symposia on Energy, Entropy and Leadership. Gerhard graduated with a PhD in Physics from Cambridge University, Trinity College, was tenured faculty at Cambridge University in Semiconductor Physics, Associate Professor at Tokyo University’s Electrical Engineering Department, and the first foreigner to lead an elite Sakigake Research project of Japan’s Science and Technology Agency.

Date and place – Japan’s electricity and new energy policy

Date: Wednesday, June 18th, 2014
Time: 6.30 p.m. – 7.00 p.m. Drink & Snack (served before lecture), 7.00 p.m. – 9.00 p.m. Lecture and Discussion
Place: Alfred Nobel Auditorium, Embassy of Sweden, 10-3-400 Roppongi 1-chome, Minato-ku, Tokyo 106-0032
Fee: JPY3,000 per person, payable at the door, Free for those who are from sponsoring companies, Free for students, please bring your student ID
Language: English
Registration required:Please sign up by June 13 (Fri.) via e-mail to eijsjap (at) gmail (dot) com for the attention of Ms. Futagawa (EIJS Tokyo office)
In cooperation with the Embassy of Sweden

Gerhard Fasol: Japan's electricity and new energy policy
Gerhard Fasol: Japan’s electricity and new energy policy

If you can’t attend the talk on June 18th, 2014 at the Embassy of Sweden, you can download our reports on Japan’s energy situation here:

Japan’s energy market – report:

Renewable energy Japan – research report

Copyright Eurotechnology Japan KK. All Rights Reserved.