Commentary / World Jan 26, 2020
Walking the talk of stakeholder capitalism
by Richard Samans and Jane Nelson
Company boards must also figure out how to integrate shareholder value with corporate responsibility.
Business / Corporate Jan 21, 2020
Yoshiaki Murakami fund launches ¥25.9 billion hostile bid for Toshiba Machine
City Index Eleventh Co. said it will offer ¥3,456 per Toshiba Machine share to buy up to 43.82 percent of the molding machine company.
Business / Corporate Jan 17, 2020
In Ghosn probe, Nissan reveals more managers were involved in malpractice
Nissan Motor Co. has revealed more details of an exhaustive probe into Carlos Ghosn, a week after its fugitive former leader accused the Japanese carmaker of being behind the plot to have him arrested. The report on the investigation, submitted to the Tokyo Stock Exchange ...
Business / Corporate Jan 16, 2020
Nissan considers scrapping advisory roles for former executives
Nissan Motor Co. may stop placing former executives in advisory posts as part of an overhaul to its corporate governance practices following the ousting of former Chairman Carlos Ghosn, sources said Wednesday. The possible abolition of the komon adviser and sōdanyaku consultant posts is aimed ...
Business / Corporate Jan 7, 2020
Japanese firms set to outspend Chinese rivals in Asia amid favorable landscape
by Lisa Du
Japanese firms outspent their Chinese rivals for the second year in a row to be the biggest deal-making force in Asia in 2019, aided by favorable financing and reduced competition in the face of U.S.-China tensions. Over $200 billion of domestic and foreign deals shook ...
Business / Corporate Dec 13, 2019
Japan's Hoya to launch $1.4 billion counterbid for Toshiba unit NuFlare
Hoya Corp. said Friday it would make a $1.4 billion counterbid for NuFlare Technology Inc. in what could become a hostile offer for the Toshiba Corp. unit the electronics conglomerate plans to buy out. Hoya's interest in the manufacturer of chipmaking equipment further complicates a ...
Business / Corporate Nov 12, 2019
Toshiba's board discusses taking full control of some listed subsidiaries
Major machinery and electronics maker Toshiba Corp. is considering taking full control of some of its four listed subsidiaries, it has been learned. With Toshiba's board already discussing the matter, the company may reach a conclusion within this week at the earliest, informed sources said. The ...
Business / Corporate Nov 5, 2019
SoftBank to tighten governance standards for firms it invests in: report
Following related issues at WeWork, SoftBank Group Corp. will introduce new standards to tighten corporate governance at companies in which it invests, the Financial Times reported Monday. SoftBank is expected to outline the new standards Wednesday, the British newspaper said, citing people briefed on the ...
Business / Corporate | ANALYSIS Sep 9, 2019
Hiroto Saikawa's departure only adds to Nissan's uncertainty
by Satoshi Sugiyama
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance ...
Business Mar 28, 2019
Nissan CEO Hiroto Saikawa signed off on Carlos Ghosn's retirement deal, panel says
Nissan Motor Co. Chief Executive Officer Hiroto Saikawa signed off on Carlos Ghosn's retirement package, an outside corporate-governance panel said, which could intensify scrutiny of his role in alleged financial improprieties by the former chairman of Nissan and Renault SA. Tokyo prosecutors have accused Nissan, ...
Commentary / Japan Feb 18, 2019
Corporate governance is improving, but not by enough
by Richard Solomon
Poorly run companies are under international and domestic pressure to adopt global standards of capitalism.
Business / Corporate Jan 18, 2019
by Kae Inoue and Masatsugu Horie
Two months after the arrest of its chairman stunned Nissan Motor Co. and the entire global automotive industry, the carmaker is weighing abolishing the role altogether as it steps up reforms to rebuild its governance. Carlos Ghosn's downfall — the auto titan is accused of ...