Michihito Iseda is a professor of law at Kwansei-Gakuin University where he teaches Corporation Law, Securities Regulations, and other law subjects. He has two LL.M. degrees in both the U.K. and the U.S., and is awarded Ph.D from Kobe University. He has a particular interest in the legal duty of corporate directors as fiduciaries of shareholders. He has written a series of articles on the fiduciary duties of corporate directors in different contexts.

He is also qualified as a lawyer(Bengoshi) in Japan. As he developed his practical work, he began to think that the legal concept of the director’s fiduciary duty should be better understood by the Japanese people, and the investor’s class action system is necessary in order to enforce it. Korea and Taiwan already have such a system. Recently, the Japanese government has enacted a regulation which gives consumer groups the right to bring a class action. He believes that the introduction of the class action system for investors come true in the near future.