AND KABUSHIKI KAISHA

A Kabushiki Gaisha, or Kabushiki Kaisha, usually abbreviated as KK, is a type of business corporation defined under Japanese law. It is equivalent to a joint-stock corporation. It is characterized by the issuance of shares to its shareholders, who own the company based on the percentage of their shareholding. The ownership can be easily transferred through the buying and selling of shares. K.K.s must have a board of directors responsible for decision-making and executing company affairs. All publicly traded companies follow the KK structure, and so smaller businesses often choose to incorporate as a KK simply to appear more prestigious.