Message from Outside Members of the Board of Directors

Leveraging Corporate Governance to Help Solve Social Issues

Akio Mimura Outside Member of the Board of Directors

Akio Mimura Outside Member of the Board of Directors

I have served as an outside member of the Board of Director, since DBJ became a jointstock company in 2008.

I am currently a member of the Advisory Board, an independent body that facilitates corporate governance by incorporating the opinions of outside experts into the management of DBJ. In accordance with the amendment of the DBJ Act in 2015, the Advisory Board is positioned as an advisory body to the Board of Directors. The role of the Advisory Board is not only to advise DBJ’s management on balancing economic and social value, but also to deliberate on the important matter of ensuring suitable competitive relations with private financial institutions. The Board must also perform checks, from a third-party perspective, on the proper execution of legally mandated Special Investment Operations, Crisis Response Operations, collaboration with private financial institutions, and sustainability management by DBJ. I believe that the Board fulfills its responsibilities in this respect.

Dialogue and cooperation with stakeholders is essential for DBJ to be able to achieve the targets in its Fourth Medium-Term Management Plan while helping solve the many issues that arise in our rapidly changing society. I will continue to carry out my corporate governance responsibilities by advising and facilitating such dialogue.

Career

April 1963 Joined Fuji Iron & Steel Co., Ltd.
April 2000 Representative Director and Executive Vice President of Nippon Steel Corporation
April 2003 Representative Director and President of Nippon Steel Corporation
April 2008 Representative Director and Chairman of Nippon Steel Corporation
October 2008 Outside Member of the Board of Directors at DBJ (current position)
October 2012 Director, Member of the Board, and Senior Advisor of Nippon Steel & Sumitomo Metal Corporation
June 2013 Senior Advisor of Nippon Steel & Sumitomo Metal Corporation
November 2013 Chairman of the Tokyo Chamber of Commerce & Industry (current position)
Chairman of the Japan Chamber of Commerce & Industry (current position)
June 2018 Honorary Chairman of Nippon Steel & Sumitomo Metal Corporation (now Nippon Steel Corporation) (current position)

Strengthening Corporate Governance for the Advancement of Sustainability Management

Kazuo Ueda Outside Member of the Board of Directors

Kazuo Ueda Outside Member of the Board of Directors

International interest in sustainability, as seen in measures such as ESG initiatives and the Sustainable Development Goals, has grown rapidly since the adoption of the Paris Agreement. DBJ’s solutions have been in step with the times and changing social issues. These solutions have included developing evaluation-based lending programs and providing risk capital through joint investment with private companies and financial institutions. I want to see DBJ expand yet further its initiatives to balance economic and social value while keeping aware of the international mood.

DBJ’s medium- to-long term goals for facilitating social and economic development and achieving a sustainable society require that it continues to implement these initiatives. Proper governance is therefore essential. The DBJ Group’s Advisory and Monitoring boards support the attainment of these goals and underpin DBJ’s unique business model.

As a member of the Advisory Board—in addition to my duties as an outside member of the Board of Directors—I work closely with outside experts to advise on overall management. I will do my part in pursuing the sustainable social development and sustainability management that is the goal of all of us at DBJ.

Career

July 1980 Assistant professor at the University of British Columbia, School of Economics
April 1982 Assistant professor at Osaka University, School of Economics
April 1989 Assistant professor at Tokyo University, School of Economics
March 1993 Professor at Tokyo University, School of Economics
April 1998 Member of the Bank of Japan’s Policy Board
April 2005 Professor at Tokyo University, School of Economics
October 2008 Outside Member of the Board of Directors at DBJ (current position)
April 2017 Professor, Faculty of Business Studies, Kyoritsu Women’s University (current position)
Director of Tokyo University’s Center for Advanced Research in Finance (current position)