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Scrutiny from regulators outside Japan: Challenges for Japanese companies
Promotions of employees at Japanese companies are primarily based on the relevant employee’s length of service at the company. Performance-based factors are not irrelevant, but they are of secondary importance. As a result, companies sometimes have employees in senior positions who lack all the skills that the position demands.
Why do Japanese companies promote employees mainly based on length of service and what risks does this create when a Japanese company is involved in a legal dispute or investigation outside Japan?
Speakers: John Lane, Akiko Inoue, Anup Bharadwaj
You can find the slides for this episode at: https://www.nagashima.com/en/seminars/seminar20260310-1/.
Featured topics page: https://www.nagashima.com/eng/lp/overseas_regulatory_scrutiny/
By Nagashima Ohno & TsunematsuScrutiny from regulators outside Japan: Challenges for Japanese companies
Promotions of employees at Japanese companies are primarily based on the relevant employee’s length of service at the company. Performance-based factors are not irrelevant, but they are of secondary importance. As a result, companies sometimes have employees in senior positions who lack all the skills that the position demands.
Why do Japanese companies promote employees mainly based on length of service and what risks does this create when a Japanese company is involved in a legal dispute or investigation outside Japan?
Speakers: John Lane, Akiko Inoue, Anup Bharadwaj
You can find the slides for this episode at: https://www.nagashima.com/en/seminars/seminar20260310-1/.
Featured topics page: https://www.nagashima.com/eng/lp/overseas_regulatory_scrutiny/