Issue01(Magazine)

Feature 1:Whereabouts of Corporate Disclosure

Corporate governance reforms have been championed as an integral part of Japan’s structural reforms, which constitute the “third arrow” of Prime Minister Shinzo Abe’s “Abenomics” strategy. The establishment of the Three Major Governance Projects dramatically advanced these corporate governance reforms.

However, the reform process does not end with the establishment of these projects. Reforms are achieved only when they are enforced properly. One year after the announcement of the Three Major Governance Projects, the current status and the endpoints of these projects are explored.

  • ContributedReflections on the Endpoints of Japan’s Three Major Governance Projects

    Tetsuo Kitagawa

    Professor of Finance and Corporate Governance, Graduate School of International Management,Aoyama Gakuin University

  • InterviewWhat Roles Do Long-Term Investors Fulfill in the Investment Chain?

    Goya Nakao

    Executive Officer and Senior Investment Manager, Sompo Japan Nipponkoa Asset Management Co., Ltd.

  • ClosedEngaging in Dialogue with Companies as a Long-Term Investor

    Ryusuke Ohori

    Managing Director and Chief Investment Officer of the RDP Investment Division, J.P.Morgan Asset Management (Japan) Ltd.

  • ContributedNew Trends in Integrated Reporting

    Hiroko Ozawa / Juliet Markham

    Japan Administrative Office, IIRC / Policy and Communications Manager, IIRC

  • Contributed“Hidden Value” is Key to Stock Prices Increases Even During Tough Economic Times

    Ken Shibusawa

    Chairman, Commons Asset Management Inc.

  • ContributedProblems Inhibiting Sound Investment in Japan’s Asset Management Industry and Future Prospects

    Hideto Fujino

    President, Representative Director, and Chief Investment Officer, Rheos Capital Works Inc.

  • ContributedInternational Trends in Climate Change Mitigation Measures and Japan’s Priorities

    Michiyo Morisawa / Miyako Enokibori

    Japan Director, CDP / Project Manager, CDP

Feature 2:Blockchain Technology and Cryptocurrency

The amended Payment Services Act, which contains regulations on cryptocurrencies such as Bitcoin, entered force on May 25, 2016. As a result, IT companies and other players have been successively entering the financial services industry, which previously had high barriers to entry. Today, the financial services sector is standing on the threshold of momentous changes that could be described as destructive to the status quo.

What is cryptocurrency? How does blockchain, the core technology of cryptocurrency, work? What will the new world of financial services look like after the regulatory and technical dilemmas have been surmounted? This section provides analyses by prominent academic researchers and businesspeople well versed in the latest developments.

  • InterviewRemittances and Payments through Cryptocurrency Will Transform Enterprises

    Yukio Noguchi

    Advisor to the Center for Finance Research, Waseda University / Professor Emeritus, Hitotsubashi University

  • InterviewFacing the Inconvenient Truth of Bitcoin

    Mitsuru Iwamura

    Professor, Graduate School of Business and Finance, Waseda Business School

  • ContributedCommon Misconceptions about Cryptocurrency

    Masakazu Masujima

    Partner Lawyer, Mori Hamada & Matsumoto

  • InterviewBitcoin Will Spread to the Public Earlier than Expected

    Kenichi Ishimura

    President and Representative Director, Estore Corporation

  • InterviewWill Fintech End Up as Nothing More than a Passing Boom?

    Noriyuki Yanagawa

    Professor, Graduate School of Economics, Faculty of Economics, The University of Tokyo