The degree of managerial freedom has increased due to enforcement of the Companies Act of May 2006, and the scope of choices that corporations can make in various business activities has expanded enormously. The subsequent legal developments including several legal reforms and introduction of the code of corporate governance have meant that companies have had to enhance corporate governance and raise their level of creativity in order to improve their corporate value in medium- to long-term.
We handle consultation related to corporate governance (e.g., selection and changing of forms of enterprises and institutional operations), consultation related to managerial judgment, including determination of funding, consultation related to business transfer, organizational restructuring actions, etc., and consultation related to applicable laws and regulations, such as the Financial Instruments and Exchange Act, etc. and rules of stock exchanges, etc. We give legal advice for better selection and realization of legal strategies according to the actual circumstances of each company.
We have also been proactively involved in implementation of general meetings of shareholders. Thus, we undertake consultation on descriptions of convocation notices and reference documents and on implementation of study sessions and rehearsals for general meetings, and give lectures on related topics. We have also provided legal advice in light of recent practical trends.
In addition, given recent strong demand for the creation of compliance systems, we play the role of an external whistleblowing liaison for companies that make use of whistleblowing systems. Our lawyers serve as external members on various committees, lecturers for in-house training sessions for employees and executives, and the like.