Japan Association of Corporate Directors

In Recognition of Distinctive Corporate Governance

Grand Prize Winner

HOYA CORPORATION (Precision Instruments)

Winners

STELLAS PHARMA INC (Pharmaceutical)
KAO CORPORATION (Chemicals)

Japan Association of Corporate Directors (JACD, Chairman: Yoshihiko Miyauchi, Senior Chairman, Orix Corporation), the independent organization for the board and directors, dedicated to promote excellence in governance and directorship, has announced its Corporate Governance of the Year Prize winners 2016.

The Corporate Governance of the Year (Committee Chairman: Atsushi Saito, Chairman of Kohlberg Kravis Roberts & Co. Japan) honors the companies which have achieved and maintained long term profitability by implementing good corporate governance with the ultimate goal of revitalizing the Japanese economy, since 2015.

Awarding ceremony has held on February 20th, 2017 in Imperial Hotel Tokyo.

Japan Association of Corporate Directors
Corporate Governance of the Year 2016

Endorsed by
Financial Services Agency
Minister of Economy Trade and Industry
Ministry of Justice
Tokyo Stock Exchange
The Japanese Institute of Certified Pubric Accuontants
IR Association of Japan
Asian Corporate Governance Association

Mr. Hiroshi Suzuki, CEO, HOYA corporation, as Grand Prize Winner Company and Mr. Yoshihiko Miyauchi, Chairman, JACD.