ARK Outsourcing KK, a company providing one-stop services primarily to Japanese branches and subsidiaries of foreign companies, explains the fundamental issues encountered when drafting corporate documents such as articles of incorporation and meeting minutes in English. This content is based on an internal study session and is presented in a dialogue format for easy understanding.
Characters:
• Ken: A 22-year-old male, in his first year at the company (a young professional oscillating between growth and confusion as he transitions from rookie to senior).
• Emma: A 34-year-old female, a mother of one and a mentor (juggling motherhood and mentorship with full dedication, nurturing others every day).
• George: A 46-year-old male, striving to become a paralegal (proving that learning has no age limit—an experienced rookie always up for new challenges).
Dialogue:
Ken: There’s been a lot of news about AI recently. Does it have anything to do with corporate law?
Emma: Of course. For example, if incorrect information generated by AI causes a contract dispute, directors could be held liable.
George: We often see news about AI chatbots making inappropriate statements and causing public backlash. If risk management is neglected, it could lead to a loss of corporate credibility.
Emma: From the perspective of the duty of care, companies need to strengthen AI monitoring systems. Just like the EU's AI regulatory proposals, Japan is also moving towards developing its own guidelines.
Ken: But Japan has Doraemon, the most advanced cat-shaped robot!
George and Emma: …
Conclusion
In this article, we discussed generative AI and corporate law. Please note that this explanation is intended to provide a general overview and does not constitute professional advice. Do not make decisions or take actions based solely on this information without consulting a specialist. If you have any questions, please feel free to contact us.
Contact | ARK Outsourcing KK
Reference Materials
• Violation of the 'Duty of Care' under the Companies Act (Article 330 of the Companies Act)
• Ministry of Internal Affairs and Communications
- 'Survey Results on the Dissemination and Implementation of AI Business Operator Guidelines and AI Governance Efforts'
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