Organization structure for small Kabushiki Kaisha(KK)

・General meeting of shareholders

The general meeting of shareholders is the highest decision-making body of the corporation. There is no stock company without a general meeting of shareholders.

 

・Director

A corporation must have at least one director. However, if a board of directors is established, three or more directors will be required.

 

・board of directors

Under the current corporate law, the setting of a board of directors is optional. However, if there is no transfer restriction on any part of the stock (if it is a public company), a board of directors must be established.

 

・Auditor

Auditors are organizations that oversee the execution of duties by directors and accounting advisors. In the Corporate Law, in principle, the setting of a corporate auditor is optional, but if the KK has a board of directors, a corporate auditor must be elected (with some exceptions).