Outside Director — Capital Allocation & Global Markets
Japan·Industrial Manufacturing·Industrial & Precision Manufacturing·Posted 9 September 2026
TSE Prime Market industrial group with majority overseas revenue
The problem this seat exists to solve
The company is responding to the Tokyo Stock Exchange's cost-of-capital initiative and needs a director who has personally executed portfolio disposals and capital-return decisions. The Corporate Governance Code asks Prime Market boards for at least one-third independent directors.
The remit
- Bring direct experience of capital allocation, disposal and shareholder-return decisions
- Contribute to the board's response to the cost-of-capital disclosure expectations
- Support engagement with overseas institutional shareholders
- Serve on the nomination or remuneration advisory committee
What the sponsor will not compromise on
- Former CEO, CFO or group strategy lead who has executed disposals or a capital-return programme
- Experience of a manufacturing or engineering business at international scale
- Willingness to attend a monthly board cadence — the Japanese norm, not the exception
- English required; Japanese welcome but interpretation is provided
Terms
- Engagement
- Elected annually at the general meeting; monthly board cycle.
- Compensation
- JPY 12m – 18m a year.
- Cross-border
- Japan applies no nationality or residency test. A non-resident appointee must provide affidavits or signature certificates in place of a Japanese seal registration at each filing.
- Time commitment in this market
- Typically 12 board meetings a year — monthly is the norm rather than the exception — plus committee and pre-meeting briefings.
Before you apply — Japan
Japan applies no nationality or residency test to directors. The genuine barriers are language and board custom, not law.
- Residency test
- None.
- Nationality test
- None.
- Work authorisation
- A non-resident outside director attending board meetings does not require a status of residence. An executive or representative-director role does, typically under the Business Manager status.
- Tenure limit once appointed
- No statutory cap. Independence is tested by relationship rather than years, and TSE's independence criteria govern the designation.
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Board Advisory — Overseas Shareholder Engagement
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TSE Prime Market issuer facing engaged overseas shareholders
The board has received a substantive letter from an overseas institutional shareholder on capital efficiency and board composition, and has no director who has been on the other side of that conversation.
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