Senior officials of the Japanese and U.S. financial regulatory bodies held their first regular meeting in Tokyo on Monday to discuss a range of issues, including strengthening corporate governance of listed companies.

The meeting was set up in an agreement reached May 3 between Financial Services Minister Tatsuya Ito and U.S. Securities and Exchange Commission Chairman William Donaldson during Ito's visit to Washington.

The two sides agreed to hold their second meeting in Washington sometime next year, Ito told reporters Tuesday.