
Building “Director Power” with BDTI
Our History
The Board Director Training Institute of Japan (BDTI) was established in 2009. Founder and Executive Director, Nicholas Benes, advocated the introduction of the Corporate Governance Code (CGC) in 2013. Since its establishment, BDTI has been working with the mission of contributing to the sound and sustainable development of companies and the economy by improving the corporate governance of Japan companies, and this philosophy is deeply in line with the basic spirit of CGC.
Many top leaders, both in Japan and overseas, agree with the purpose of BDTI and support us in a variety of ways as advisors, collaborators, and donors.
Our Mission
BDTI’s mission is to “contribute to the development and evolution of corporate competitiveness, sustainability, and the Japanese economy by providing effective training programs that enable all directors, both internal and external, to acquire the knowledge, skills, and mindset necessary for governance. BDTI’s mission is to contribute to the development and evolution of corporate competitiveness, sustainability, and the Japanese economy by providing effective training programs to equip all directors with the knowledge, skills, and mindset necessary to enhance the competitiveness of companies and contribute to the development and evolution of the Japanese economy.
The Corporate Governance Code
The principles of the Corporate Governance Code state that companies should provide and arrange for training and other activities so that directors and auditors can continuously acquire and update the knowledge and skills necessary to properly fulfill their roles.
▶ Click here for [Principle 4-14. Training of Directors and Statutory Auditors].
Thoughts on Corporate Governance Reform

BDTI Representative Director Kenichi Osugi and Executive Director (Founder) Nicholas Benesch discussed the background of BDTI’s establishment and the importance of corporate governance.
1. Self Introduction
Benes: My name is Nicholas Benes, Executive Director of BDTI, and after obtaining my MBA and US law license, I joined J.P. Morgan’s investment banking division, where I worked for 11 years on a variety of assignments and deals. After that, I started my own firm in Japan specializing in M&A advisory services, and I have been in Japan for 29 years. I have also served, and continue to serve, as an outside director of several companies, both listed and unlisted, including on Livedoor’s board post-scandal.
Osugi: I am Kenichi Osugi, also a Representative Director, and I became a Representative Director in 2013 from a non-representative director. At Chuo University Law School, I teach commercial and corporate law to students who wish to become legal professionals, while conducting research mainly in the areas of corporate law, corporate governance, and financial instruments and exchange law.
2. Purpose of Establishing BDTI
Benes: Since the collapse of the bubble economy, Japan’s economic growth has remained sluggish. Furthermore, the budget deficit has ballooned as the economy has been hollowed out due to a shrinking population and the offshore transfer of manufacturing. The road to economic revival is not an easy one.
▶ Click here to read the full dialogue.
Activity
BDTI’s activities are organized around three main pillars:
Open Training
Open Finance School, Outside Director School, Case and Role Play based on Governance School held monthly to strengthen “executive skills” that directors should be equipped with.
2. e-Learning
Systematically acquire basic knowledge and mindset about governance and corporate management through online courses that can be taken regardless of time or location
3. Programs for individual companies
Support for strengthening governance and improving the skills of executives through customized training designed to meet the individual challenges and target audiences of a company (or group of companies)

Board of Directors
The members have been leading the development of corporate governance in Japan through their deep involvement in the formulation of the Corporate Governance Code or as members of the FSA’s “Study Group on Corporate Governance Systems”, where they were involved in the design of the system. The members include outside directors and corporate auditors of listed companies, institutional investors, university professors and human resource development consultants, and have deep knowledge in both theory and practice. For biographies, please refer to the following pages.
Our Supporters
Individuals, institutional investors, and organizations that donate to and support our organization are deeply committed to our philosophy and purpose of contributing to the enhancement of the competitiveness of Japanese companies and the development of the Japanese economy by improving the quality of decision-making by the Board of Directors and realizing sound and sustainable corporate governance. We thank you for your continued support. We would like to express our sincere appreciation for your continued support.