is the position of the most senior executive in charge of managing a corporation which is registered in

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...

. As regulated by the Companies Act of Japan, joint-stock companies based in Japan must have a Representative Director. The Representative Director typically reports to the company’s

board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit orga ...

and is responsible for maximizing the value of the business.

Responsibilities

Corporations registered in Japan have multiple directors. The Representative Director is a type of director with the company’s highest authority and possesses the right to enter into business and sign legal contracts on behalf of the corporation in Japan. The person holding this position is registered publicly on the official corporate register. His or her statements legally bind the corporation.

Limitations

In Japan, a Representative Director is not considered to be an employee of that company and is unable to receive certain benefits which are accorded to employees.

References

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