On August 2, TSE published the Revisions to Guidelines for Preparing Corporate Governance Reports Concerning Information Disclosures about Retired President/CEOs Holding Advisory Positions (Sodanyaku, Komon, etc.)
These revisions were implemented in response to suggestions based on the "Practical Guidelines for Corporate Governance Systems (CGS Guidelines)" formulated by the Ministry of Economy, Trade and Industry (METI) and indications based on the "Growth Strategy 2017" formulated by the national government.
New fields have been added to the form to allow listed companies that retain top corporate executives as sodanyaku or komon to disclose such information about said individuals as responsibilities, employment terms, and other pertinent details.
The relevant information regarding sodanyaku or komon can be added to the reports submitted in a new form on or after January 1, 2018.