OSAKA (Kyodo) An investment fund led by high-profile investor Yoshiaki Murakami has increased its stake in Hanshin Electric Railway Co. to 45.73 percent, according to a report submitted Wednesday to financial authorities.
If the Murakami Fund, as it is known, raises its stake further and crosses the 50 percent line, it would gain strong say over the railway’s management on the basis of its voting rights at shareholders’ meetings.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.