Are there any legal issues with Uber Eats? This area, called gigworks, will be an area that will be examined. We will examine the legal considerations from the perspective of the operator, the workers, the restaurant, and the consumer in relation to gigworks...

Outside directors are also mentioned in the amendment to the Companies Act. One is the requirement to have outside directors. The other is that outside directors can now perform duties. The first is the requirement to prepare outside directors. [Preparing Outside Directors...

We believe that the revision of the Companies Act has been directed toward the review of the reasons why a director cannot be a director. We feel that this is an important point, so we will summarize the review of the reasons why a director cannot become a director. Reasons for reviewing the reasons why a director cannot be a director] Reasons why a director cannot be a director

This section summarizes the main amendment to the Corporate Law, the right of shareholders to make proposals. Although the proposed amendment has been passed, the Corporate Law does not like to restrict the rights of shareholders. The amendment was intended to somehow strike a better balance between the operation of shareholders' meetings and the rights of shareholders. At the bill stage...

D&O insurance is mentioned in the amendment to the Companies Act. D&O insurance is Director and Officers insurance, which is insurance for directors and officers. In practice, most companies had such insurance, but there was no legal recognition of it. The law denies it because it is not legally...

The challenge for Japanese companies is how to increase incentives for directors. To the general public, directors appear to be highly compensated executives, but their responsibilities are quite heavy. The Companies Act of Japan is designed to increase incentives for directors who have heavy responsibilities and...

I see that the amendment to the Companies Act passed the House of Councillors on December 4, 2019. Here is what the Nihon Keizai Shimbun has to say. The revised Companies Act, which the government has designated as a key bill for the current Diet session, was passed and enacted at a plenary session of the House of Councillors on the morning of December 4. The main points of the bill are to make it mandatory for listed companies to have outside directors and to introduce online provision of shareholder meeting materials....

Consider the scope of directors' responsibilities and the cost of internal control. The reality is that it is difficult for directors to know everything about a company when it operates as a corporate entity. However, when a situation arises in which someone has to take responsibility for the company, it is the directors who bear the brunt of the responsibility. The company's legal...

The story of Sompo Japan's job cuts has hit the headlines. Sompo Japan's 4,000 job cuts complete the worst labor exploitation model. Automation of operations to reduce annual income by 2.5 million. https://i.mag2.jp/r?aid=a5d1b20d0346bf At the end of June, Sompo Japan cut almost 15% of its 26,000 total employees by using IT and other...