Rakuten Inc.’s unwanted merger overture for Tokyo Broadcasting System Inc. suffered another setback Wednesday when the Tokyo High Court dismissed Rakuten’s provisional appeal for TBS to disclose its accounting records on stock trading.
In line with a lower court dismissal of Rakuten’s plea June 15, the high court said the country’s largest online mall operator has no reason to urgently seek access to TBS accounting records.
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 out this support page.
We humbly apologize for the inconvenience.
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.