SOURCE: Institutional Investor

November 18, 2008 17:38 ET

Innovators Top "Institutional Investor's" Japan's Best CEO Survey

NEW YORK, NY--(Marketwire - November 18, 2008) - A new wave of Japanese corporate leaders who are embracing change to generate innovative new products and services and drive growth top the list of "Institutional Investor's" second annual ranking of Japan's Best CEOs.

Tomoko Namba, CEO of DeNA Co., was voted as Japan's Best CEO in the Software/Business sector. Five years ago engineers at the company approached Namba and suggested that the company tailor its games and social networking sites for mobile phones. Today DeNA's Moba-ge-town entertainment service (the name means Mobile Game Town) has 11 million registered users, far ahead of its closest competitor's 1 million users.

Other winners include Naoteru Miyato of T&D Holdings, in Financials/Insurance, who pursued demutualization and mergers to grow market share and build the company into a leading Japanese insurer; Yoshihiko Miyauchi in Financials/Other, who helped found Orix Corp. as Japan's first leasing company in 1964 and has grown it into a diversified financial services outfit; and Terunobu Maeda in Financials/Banks, who has forged Mizuho Financial Group into one of Japan's leading megabanks through the merger of three institutions.

Full results, including the list of winners in all 25 sectors and an accompanying article, are available today on www.iimagazine.com

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Now entering its fifth decade, "Institutional Investor" has consistently distinguished itself among the world's foremost financial publications with ground-breaking journalism and incisive writing that provides "must read" intelligence for a global audience. Throughout the year, "Institutional Investor" offers a host of proprietary research and rankings that serve as respected industry benchmarks, informing and influencing its carefully targeted circulation base throughout the year. For more information please visit www.iimagazine.com.

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