Tag - corporate-governance

 
 

CORPORATE GOVERNANCE

Female company presidents are mostly found at small businesses in Japan.
BUSINESS / Economy
Dec 2, 2024
8.4% of Japanese companies led by women in 2024
Female presidents tend to be found at smaller companies, with 11.9% of companies with less than ¥50 million in annual sales having a female boss.
Nomura Holdings plans to rebuild its IT architecture, promote digitalization and automation as well as review office locations as the company tightens its belt.
BUSINESS / Companies
Dec 2, 2024
Nomura CEO to seek $186 million in extra cost reductions
The move highlights Nomura Holdings' continued focus on curbing expenses even as earnings rebound.
Although years have passed since the dramatic arrest and ouster of former Chairman Carlos Ghosn, Nissan remains mired in management upheaval.
BUSINESS / Companies
Dec 2, 2024
Nissan shares up after news that chief financial officer will step down
The stock gained as much as 1% in early morning trading, though the shares are still down almost 35% this year.
Carlos Tavares, Chief Executive Officer of Stellantis, speaks at the Paris Automotive Summit during the Paris Auto Show on Oct. 15.
BUSINESS / Companies
Dec 2, 2024
Stellantis CEO Tavares quits and hands over to interim committee
The company said in a statement that a new CEO will be named in the first half of 2025, with an interim committee headed by Chairman John Elkann taking the reins for now.
An outdated lineup, elevated spending on sales incentives and a lack of hybrids in North America has led Nissan to slash jobs and production.
BUSINESS / Companies
Nov 30, 2024
Nissan CFO set to step down as carmaker faces raft of challenges
The change follows an announcement last month that the company will eliminate 9,000 jobs and cut a fifth of its manufacturing capacity.
The 225-issue Nikkei stock average jumped on Nov. 6 after it appeared as though Donald Trump had won the U.S. presidential election.
BUSINESS / Markets
Nov 30, 2024
Rush to ‘value up’ may be Asia stocks best defense against Trump
Governments are rushing to implement their own versions of Japan’s structural reforms that helped drive its benchmark index to a record high this year.
The Nikkei stock average outside a brokerage in Tokyo in late October.
BUSINESS / Markets
Nov 30, 2024
Japan companies boosting benefits for long-term shareholders
Behind the move are growing calls for listed companies to reward shareholders more through measures including dividend hikes.
In an interview in Tokyo with the BBC that was published on Thursday, Fast Retailing CEO Tadashi Yanai said the company does not source cotton from China's Xinjiang region.
BUSINESS / Companies
Nov 29, 2024
Uniqlo criticized in China after CEO says retailer does not use Xinjiang cotton
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor.
Mitsubishi UFJ Financial Group took a 15% stake in WealthNavi earlier this year.
BUSINESS / Companies
Nov 29, 2024
MUFG considering bid for Japanese robo-adviser WealthNavi
MUFG took a 15% stake in WealthNavi earlier this year
Unitika President Shuji Ueno attends a news conference in Osaka on Thursday.
BUSINESS / Companies
Nov 29, 2024
Unitika announces withdrawal from textile business
Its textile division has been struggling in recent years due to intensifying competition with Chinese and other rivals.
A business district in Tokyo in 2020
BUSINESS
Nov 28, 2024
Share of female presidents at Japanese firms hits record 8.4%
The proportion of female presidents has been rising slowly but steadily since it stood at 4.5% in 1990, the oldest data available.
SoftBank Group will make a tender offer allowing OpenAI employees to cash in shares if they choose.
BUSINESS / Companies
Nov 28, 2024
SoftBank seeks to buy $1.5 billion OpenAI shares from employees
SoftBank will make a tender offer for the stock, allowing OpenAI employees to cash in shares if they choose.
A communications ministry panel did not make a clear judgement on the Liberal Democratic Party's proposal of abolishing the law restricting NTT's business.
BUSINESS / Companies
Nov 27, 2024
Panel defers decision on scrapping Japan's NTT law
In its final report, the panel concluded it was appropriate for the Japanese government to maintain its obligation to hold at least one-third of NTT shares.
Packages move along a conveyor belt at an Amazon warehouse
BUSINESS / Companies
Nov 27, 2024
Japan investigating Amazon for allegedly bullying other businesses
Tactics allegedly employed by the retailer involve the squeezing of business partners in exchange for visibility.
Amazon Japan allegedly pressured sellers to lower prices of their products in exchange for advantageous placement on their “Buy Box” system, which highlights one seller’s product as the preferred choice on a product page.
BUSINESS / Companies
Nov 26, 2024
Antitrust watchdog raids Amazon Japan over alleged price-fixing
The investigation is focused on potential breaches of antitrust laws, including abuse of a superior bargaining position and restrictive trading practices.
Itochu has tapped Daiwa Securities Group and the founding Ito family has hired SMBC Nikko Securities as financial advisers for their ¥9 trillion ($58.4 billion) proposal to take Seven & I Holdings private, people with knowledge of the matter have said.
BUSINESS / Companies
Nov 25, 2024
Nomura, Daiwa and other advisers win coveted Seven & I buyout roles
The multitude of financial advisers reflects the complexity of any potential buyout, as well as the lucrative fees if consummated.
Dai Nippon Printing said that Elliott Investment Management looks to have substantially reduced its position in the company.
BUSINESS / Companies
Nov 25, 2024
Dai Nippon Printing says Elliott has sold most of its stake
Elliott has been active in Japan this year, investing in Tokyo Gas, Sumitomo, SoftBank Group and Mitsui Fudosan.
The Keikyu Line in Yokohama
BUSINESS / Companies
Nov 25, 2024
Japan’s rail stocks soar on Keisei Electric activist stake news
Keisei’s stock jumped over 18%, its sharpest intraday rise since October 2008, with Keikyu climbing more than 16%.
The private equity landscape is rapidly changing in Japan, where more than $12 billion in such transactions have been announced this year, after reaching a record in 2023.
BUSINESS / Markets
Nov 22, 2024
KKR-Bain brawl worth $4 billion highlights Japan private equity boom
The saga shows how fast the private equity landscape is changing in Japan, where more than $12 billion in such transactions have been announced this year.
Sony's potential acquisition of Kadokawa, the publisher behind Elden Ring, represents an opportunity to expand its intellectual property across gaming, anime and other media provided it learns from past failures.
COMMENTARY / Japan
Nov 22, 2024
Like in Elden Ring, Sony must learn from its mistakes
The Japanese firm’s proposed deal for Kadokawa has great potential — if it can avoid getting stuck in the same mazes as before.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.