Sodanyaku

Sodanyaku is often used in Japan to refer to former executives of banks who retire, yet still draw large salaries from the company as "advisors". It is a form of cloistered rule often found in Japanese history and politics.

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Japan: For other uses, see Japan (disambiguation)....

Cloistered rule: Cloistered Rule, also known as the Insei system, is a distinct feature of Japanese history and politics and sometimes in business. In almost all governments and administration units the nominal ruler and governor has no practical power and instead regents and any other kinds of advisors have actual ...