Enhancing Corporate Governance

Tokyo Stock Exchange, Inc. (TSE) incorporates the fundamental principles for corporate governance established in "Japan's Corporate Governance Code" (the Code) into its listing rules to contribute to effective corporate governance in Japan.
A Prime or Standard Market-listed company is required to provide explanation for non-compliance with any principle of the Code, while a Growth Market-listed company is required to provide explanation for non-compliance with any General Principle of the Code.

Japan's Corporate Governance Code (Revised June 2021) icon-pdf
(Ref.) Guidelines for Investor and Company Engagement(Revised June 2021) icon-pdf
(Ref.) Revisions of Japan's Corporate Governance Code and Guidelines for Investor and Company Engagement(April 6th, 2021) icon-pdf
Revision, etc. of Japan's Corporate Governance Code Based on the Proposal of the Council (Third set of revisions pertaining to cash equity market restructuring) (Public Comments)
(Ref.) Appendix "The Preamble of the “Japan’s Corporate Governance Code [Final Proposal]”(May 13th, 2015) icon-pdf

Previous Revisions

Japan's Corporate Governance Code (Revised June 2018)

Revision of Japan’s Corporate Governance Code based on the proposal of the Council (Public Comments)

Japan's Corporate Governance Code (June 2015)

Development of Listing Rules for the Implementation of the Corporate Governance Code (Public Comments)

How Listed Companies Have Addressed Japan’s Corporate Governance Code

TSE has published “Listed Companies’ Reaction to Japan’s Corporate Governance Code”, based on corporate governance reports of listed companies.

How Listed Companies Have Addressed Japan's Corporate Governance Code (Status as of July 14, 2022) icon-pdf
How Listed Companies Have Addressed Japan's Corporate Governance Code (Status as of December 2021)
(Update : March 14, 2022)
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Examples of Good Practice in Corporate Governance(December 2019) icon-pdf
How Listed Companies Have Addressed Japan's Corporate Governance Code (Status as of July 2019) icon-pdf
How Listed Companies Have Addressed Japan's Corporate Governance Code (Status as of December 2018) icon-pdf
How Listed Companies Have Addressed Japan’s Corporate Governance Code (Status as of July 2017) icon-pdf
How Listed Companies Have Addressed Japan’s Corporate Governance Code (Status as of December 2016) icon-pdf
How Listed Companies Have Addressed Japan’s Corporate Governance Code (Status as of July 2016) icon-pdf
How Listed Companies Have Addressed Japan’s Corporate Governance Code (Status as of December 2015) icon-pdf