Special Advisory Committee on Global Data Governance

Z Holdings Corporation

December 27, 2022

Follow-up Report Received Related to the Special Advisory Committee on Global Data Governance

Z Holdings Corporation (hereinafter "ZHD") is leading initiatives to strengthen and improve its data governance system based on the recommendations in the final report from the Special Advisory Committee on Global Data Governance, received in October 2021.
ZHD has received a follow-up report* from the law firm Nagashima Ohno & Tsunematsu (hereinafter "NO&T") regarding the status of implementation of these initiatives by the ZHD Group.

ZHD requested NO&T to create this follow-up report, in order to receive a verification by external experts. The report evaluates the appropriateness of the measures to enhance data governance implemented by ZHD and each ZHD Group company, and the appropriateness of the initiatives in terms of fulfilling accountability towards users and stakeholders.

*Main items covered in the follow-up report are as follows:
• Overview of the verification
• Development of systems related to data governance
• Individual approaches to data governance
• Psychological safety/communication
• Other initiatives
• Towards the future

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Results of the verification by NO&T (overview)
As a result of the verification, we have confirmed that the ZHD Group is implementing and realizing various measures based on the recommendations of the Special Committee, to strengthen data governance throughout the ZHD Group.
In the future, we expect ZHD will strive to operate a governance process that takes into account mechanisms to ensure the effectiveness of monitoring and corrective actions. At the same time, we expect ZHD to establish and operate highly flexible governance that can respond to rapid changes in the business and regulatory environment, while being conscious of applying the governance to the entire Group.
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Please access the following link for the follow-up report by NO&T (Japanese only)
Follow-up report:

The ZHD Group will continue to respond to the opinions and suggestions of users and experts with sincerity, carry out efforts to increase transparency towards the society, and create an environment where users can access the Group's services with a sense of security.

October 18, 2021

Final Report by the Special Advisory Committee on Global Data Governance

The Special Advisory Committee on Global Data Governance, a committee consisting of external experts to verify and evaluate the handling of data in the Z Holdings Group from security and governance perspectives, has published its final report.

The main items covered in the Final Report are as follows:

• Overview etc. of the Special Advisory Committee
• Status of cross-border data access and data storage related to LINE app
• Results of the verification on LINE Corporation's governance, and LINE Corporation's improvement measures
• Status of group companies that handle the important data of LINE Corporation
• Status of data governance in LINE Corporation, and recommendations for improvement
• Status of data governance in Z Holdings Corporation, and recommendations for improvement
and others.

To view the Final Report by the Special Advisory Committee, please click the following links
• Outline of the Final Report (Japanese only)
• Final Report (Full version) (Japanese only)

For the outline of the Primary Report, please click here.
For the outline of the Secondary Report, please click here.
For more information on the Special Advisory Committee meetings held in the past, please click here.

  

October 18, 2021

Schedule (As of October 18, 2021)

● 1st Special Advisory Committee on Global Data Governance
(Held March 23, 2021)
Meeting minutes (PDF)

● 1st Technology Verification Subcommittee
(Held April 5, 2021)
Outline (PDF)

● 2nd Technology Verification Subcommittee
(Held April 7, 2021)
Outline (PDF)

● 2nd Special Advisory Committee on Global Data Governance
(Held April 13, 2021)
Meeting minutes (PDF)

● 3rd Technology Verification Subcommittee
(Held April 14, 2021)
Outline (PDF)

● 4th Technology Verification Subcommittee
(Held April 23, 2021)
Outline (PDF)

● 5th Technology Verification Subcommittee
(Held April 28, 2021)
Outline (PDF)

● 3rd Special Advisory Committee on Global Data Governance
(Held April 28, 2021)
Meeting minutes (PDF)

● 6th Technology Verification Subcommittee
(Held May 12, 2021)
Outline(PDF)

● 7th Technology Verification Subcommittee
(Held May 17, 2021)
Outline(PDF)

● 4th Special Advisory Committee on Global Data Governance
(Held May 19, 2021)
Meeting minutes (PDF)

● 8th Technology Verification Subcommittee
(Held May 28, 2021)
Outline(PDF)

● 9th Technology Verification Subcommittee
(Held June 4, 2021)
Outline(PDF)

● 5th Special Advisory Committee on Global Data Governance

(Held June 9, 2021)
Meeting minutes (PDF)

● 10th Technology Verification Subcommittee
(Held June 16, 2021)
Outline(PDF)

● 11th Technology Verification Subcommittee
(Held June 30, 2021)
Outline(PDF)

● 12th Technology Verification Subcommittee
(Held July 14, 2021)
Outline(PDF)

● 6th Special Advisory Committee on Global Data Governance
(Held July 19, 2021)
Meeting minutes (PDF)

● 13th Technology Verification Subcommittee
(Held July 28, 2021)
Outline(PDF)

● 14th Technology Verification Subcommittee
(Held August 16, 2021)
Outline(PDF)

● 7th Special Advisory Committee on Global Data Governance
(Held August 23, 2021)
Meeting minutes (PDF)

● 15th Technology Verification Subcommittee
(Held September 10, 2021)
Outline(PDF)

● 8th Special Advisory Committee on Global Data Governance
(Held September 13, 2021)
Meeting minutes (PDF)

● 9th Special Advisory Committee on Global Data Governance
(Held September 27, 2021)
Meeting minutes (PDF)

● 10th Special Advisory Committee on Global Data Governance
(October 11, 2021)
Meeting minutes (PDF)

Related press releases and notices

Announcement of a Special Committee of External Experts on Global Data Governance(March 19,2021)
ZHD Holds First Special Committee on Global Data Governance (March 24, 2021)
ZHD Holds Second Special Committee on Global Data Governance (April 14, 2021)
ZHD Holds Third Special Advisory Committee on Global Data Governance (April 30,2021)
Outline of the Primary Report by the Special Advisory Committee on Global Data Governance (June 11, 2021)
Primary Report Received From the Special Advisory Committee on Global Data Governance (June 11, 2021)
LINE Initiatives and Schedule of Key Events Regarding the Handling of Personal Information (August 4, 2021)
Outline of the Secondary Report by the Special Advisory Committee on Global Data Governance (August 4, 2021)
Secondary Report Received From the Special Advisory Committee on Global Data Governance (August 4, 2021)

Unless otherwise specified, English-language documents are prepared solely for the convenience of non-Japanese speakers. If there is any inconsistency between the English-language documents and the Japanese-language documents, the Japanese-language documents will prevail.