TSE News

"TSE Independent Directors/Auditors Seminar" Held

Update : Nov. 30, 2010

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[Tokyo Stock Exchange, Inc.]

In accordance with the revision of the Securities Listing Regulations in December 2009, Tokyo Stock Exchange, Inc. (TSE) has obligated each listed company to secure at least 1 independent director/auditor (hereinafter "ID/A") (an outside director or outside auditor with no conflict of interest with general shareholders) in order to protect general shareholder interests.

"TSE Independent Directors/Auditors Seminar" was held on September 30th (Thurs.), 2010 at the Tokyo International Forum for the ID/As of each listed company for the purpose of deepening the understanding of the significance of the ID/A system and the expected role of ID/As, as well as enhancing the effectiveness of the system.

The event was a large success with the attendance of more than 800 ID/As, as well as parties related to the system, showing the strong interest in the ID/A system. TSE plans to focus its efforts on establishing business practices for ID/As and ensuring the effectiveness of the system.

Please find attached the summary of the seminar's events.

The summary of the TSE Independent Directors/Auditors Seminar PDF

Contact

Tokyo Stock Exchange, Inc.
Listing Department
Tel: +81-3-3666-0141

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