Tag - corporate-governance

 
 

CORPORATE GOVERNANCE

The Tokyo Stock Exchange will soon require some companies to publish their financials in English in addition to Japanese.
BUSINESS / Markets
Jan 13, 2025
Japanese companies rush to up English-language disclosures in 2025
The Tokyo Stock Exchange requires Prime market companies to release financial statements and other key information simultaneously in English and Japanese from April.
In November, BlackRock and rivals were sued by Texas and 10 other Republican-led states that claimed their activism cut coal production and boosted energy prices.
BUSINESS
Jan 10, 2025
BlackRock quits climate group as Wall Street lowers environmental profile
The world's biggest asset manager is the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians.
Firms in Japan are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
BUSINESS / Companies
Jan 9, 2025
Japan’s ¥36.4 trillion M&A boom expected to grow as activist investors circle
Firms are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
Japan Post was asked by a subcontractor entrusted with Yu-Pack parcel deliveries to raise the commission fees it paid, in light of rising costs, but Japan Post left subcontracting fees unchanged without discussion.
BUSINESS / Companies
Jan 8, 2025
Japan Post also received FTC guidance for second subcontractor issue
Postal service company was asked by a subcontractor to raise the commission fees it paid, in light of rising costs, but made no change.
The Tokyo Stock Exchange wants companies to improve governance and performance.
BUSINESS / Markets
Jan 8, 2025
As standards rise, Tokyo Stock Exchange delistings hit decade high
A total of 94 companies were delisted from the Tokyo exchange in 2024, the highest number since it merged with the Osaka Securities Exchange in 2013.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025
Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
Elon Musk speaks with U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, in November.
BUSINESS
Jan 3, 2025
As Musk gains influence, questions hover over U.S. probes into his empire
Musk’s potential to have extraordinary clout with the new administration raises questions about the fate of federal investigations affecting his business empire.
A Dior store front in Rome. Despite passing audits, Dior's contractors in Italy have been accused of labor abuses.
BUSINESS / Companies
Jan 2, 2025
Inside luxury goods' broken audit system
Revelations of worker exploitation in Dior's Italian production chain have exposed flaws in supply chain audits and triggered judicial action.
A customer uses a bank card at a contactless payment terminal on a stall at the Bauveau Market in Paris on Feb. 15, 2023.
BUSINESS / Tech
Dec 30, 2024
Drama-prone fintechs face mixed regulatory environment in 2025
The incoming U.S. administration has made financial deregulation a policy priority for the next four years while European policymakers continue to take a cautious approach.
Some of the slush funds pooled by Kawasaki Heavy Industries were used to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
BUSINESS / Companies
Dec 27, 2024
Kawasaki Heavy found to have pooled ¥1.7 billion in slush funds
Some of the funds were used by the defense contractor to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
Kobayashi Pharmaceutical's Osaka factory
BUSINESS / Companies
Dec 26, 2024
Hong Kong fund increases its stake in Kobayashi Pharmaceutical
Oasis Management said its stake in Kobayashi Pharmaceutical climbed to 10.1% from 7.5%.
David Nemecek
BUSINESS
Dec 25, 2024
The star dealmakers remaking the rules of corporate debt
The world of liability management is a small, aggressive and, thus far, male-dominated corner of corporate finance.
JR Kyushu concluded that it will not be able to guarantee the safety of the Queen Beetle high-speed passenger ferry operations even after safety measures are taken.
BUSINESS / Companies
Dec 24, 2024
JR Kyushu to end passenger ship operations after water leak incident
JR Kyushu Jet Ferry covered up a water leak incident on its high-speed passenger ferry linking Hakata Port with the city of Busan in South Korea.
Kawasaki Heavy Industries' Tokyo head office
JAPAN
Dec 23, 2024
Kawasaki Heavy's spending on SDF personnel found taxable
SDF submarine crew members have been wined, dined and given gift certificates by Kawasaki Heavy's Kobe Works, with the expenses reported as tax-deductible.
Carlos Ghosn
BUSINESS / Companies
Dec 21, 2024
Ghosn says Honda deal talks indicate Nissan in ‘panic mode’
"It’s a desperate move,” the ex-Nissan chief said. "It’s not a pragmatic deal because frankly, the synergies between the two companies are difficult to find.”
Toshiba's Corporate Senior Executive Vice President Koji Ikeya speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
Dec 20, 2024
A year after going private, structural reforms bearing fruit for Toshiba
Before going private last December, Toshiba had long struggled to deal with activist investors, from whom the company accepted investments to stabilize its finances.
While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024
Eneos considers IPO of up to 70% of JX Advanced Metals
Japan has seen the highest volume of IPOs this year since 2018.
Current Sapporo Holdings President Masaki Oga (left) and the next President Hiroshi Tokimatsu, currently executive group managing officer, shake hands on Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 19, 2024
Hiroshi Tokimatsu named next president of Sapporo Holdings
Tokimatsu, 62, will also become president of Sapporo Breweries.
The Tokyo District Court sentenced former Cerespo executive Yoshiji Kamata to 22 months in prison, suspended for four years.
JAPAN / Crime & Legal
Dec 19, 2024
Tokyo court fines event company for Olympics bid-rigging
A judge found that Cerespo conspired to decide in advance which companies would win contracts related to test events for the Tokyo Games.
Nissan and Honda may be nearing a merger to address Nissan's struggles, forming a second major hub in Japan's auto industry to rival Toyota.
COMMENTARY / Japan
Dec 19, 2024
A Honda-Nissan merger is a slow-moving savior
Nissan is struggling — burning through cash and with billions of dollars of debt due in a little over a year.

Longform

It's back to the classroom for some residents as municipal governments across the country conduct lessons to learn how to use new technologies.
Can aging Japan go digital without leaving anyone behind?