Update : Nov. 30, 2010
[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|
Tokyo Stock Exchange, Inc. Listing Department Tel: +81-3-3666-0141