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 Directors since DBJ became a joint stock 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 matter of ensuring suitable competitive relations with private financial institutions. I believe that the Advisory Board has fulfilled the responsibility of performing 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.

With no end in sight to the COVID-19 pandemic, the outlook is still uncertain. However, Japan's strengths and problems have become more apparent due to the COVID-19 crisis. As a nation, Japan needs to address its slow adoption of digital technologies, the risk of over-concentration in the Tokyo metropolitan area, and the need to increase the resilience of supply chains at companies.

Dialogue and cooperation with stakeholders is essential for DBJ to be able to help 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: Senior Advisor, Honorary Chairman of Nippon Steel & Sumitomo Metal Corporation
Chairman of the Tokyo Chamber of Commerce and Industry (current position)
Chairman of the Japan Chamber of Commerce and 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. The COVID-19 pandemic is likely to refocus attention on the social aspect of ESG from an employee health standpoint, in addition to the environmental aspect. In step with the times and changing social issues, DBJ's solutions have included developing evaluation-based lending programs and providing risk capital through collaboration 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, especially during the COVID-19 crisis.

DBJ's medium- to long-term goals for facilitating social and economic development and achieving a sustainable society require that it continue to implement these initiatives. Proper governance is therefore essential. The DBJ Group's Advisory and Special Investment Operations 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 goals shared throughout 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 International Studies, Head of Office for New Department Planning, Kyoritsu Women's University
Director of Tokyo University's Center for Advanced Research in Finance (current position)
April 2020: Professor, Faculty of Business Studies at Kyoritsu Women's University (current position)
Dean of Faculty of Business Studies at Kyoritsu Women's University (current position)