Glossary

Sarbanes-Oxley Act

Sarbanes-Oxley Act is legislation enacted in July 2002 intending to bring about drastic reforms in corporate governance and information disclosure, to recover reliability of securities markets in the United States that was lowered by the scandals related to accounting of enterprises in the United States, such as Enron scandals. Sarbanes-Oxley Act is applied to a company listed on the markets in the United States.