Blog Archives

Japan’s changing boardroom culture offers two-pronged opportunity

Baillie Gifford’s Donald Farquharson admits many investors are sceptical about the talk of improving corporate governance in Japan, but he believes the theme is very real and presents two sets of opportunities. The Japanese authorities have introduced a number of

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Most Japan firms reluctant to unwind cross-shareholdings: poll

Nearly 80 percent of Japanese firms with cross-shareholdings do not plan to sell them this year, arguing they are important for business ties, a Reuters poll showed, which suggests a long haul for government efforts to improve corporate governance by

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Head of Japan’s stock exchange ‘ashamed’ over Toshiba accounting scandal

The longtime head of Japan’sSTOCK EXCHANGE says he is “ashamed” over a recent accounting scandal at electronics and industrial conglomerate Toshiba Corp. Atsushi Saito, CEO of Japan Exchange Group Inc., said Friday he was puzzled by Toshiba’s apparent laxity over

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More of corporate Japan dismantling takeover defenses

A small but growing number of Japanese companies are doing away with measures to ward off potential takeovers. Toshiba, Kawasaki Kisen Kaisha and 17 others have made that choice so far this fiscal year — up seven from fiscal 2014 and

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Japan Inc looking for advice from outsiders

Japanese companies are scrambling to fill thousands of board seats after a new corporate governance code went into effect this month, calling on publicly traded firms to name at least two independent directors within half a year of their next

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Meet Shinzo Abe, shareholder activist

“STUPID, greedy, adulterous, irresponsible and threatening.” At least the Japanese vice-minister for the economy, speaking about equity investors in 2008, was being honest. Indeed, he could not have summed up most Japanese politicians’ contempt for shareholders any more pithily. But

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