U.S. stocks rallied more than 2 percent in the late afternoon on Tuesday, bouncing after losses last week and as hopes increased for more stimulus measures from the Chinese government. The gains followed a late rally in Chinese shares and losses of at least 3 ...
As Japan gives more say to investors, companies are clinging to a tool that has the opposite effect. Poison pills, a way to scupper hostile takeovers, are in place for at least 20 percent of firms in the benchmark Topix index. That compares with at ...
For four years a hedge fund urged one of Japan's oldest companies to raise its dividend, and each time the answer in public was no. Behind the scenes, something else was happening. Though it lost every proxy fight, the Children's Investment Fund claims a list ...
Hiroki Sampei has a long list of things he does not like about Toyota Motor Corp.'s new class of equity. Japan's largest company is about to seek approval to offer as much as ¥500 billion of convertible equity, which has debt-like characteristics and cannot be ...
Japanese companies, long known for being stingy with shareholders, doled out record amounts of cash to investors in the past year. It's just the start of the payouts. Dividends and buybacks soared 76 percent to ¥12.8 trillion in the 12 months ended in March, according ...
Itochu Corp., the third-largest trading house in the country by market value, will boost its dividend payout this year as it targets a 10 percent jump in profit. The company forecast net income will rise to ¥330 billion after meeting its profit target of ¥300 ...
Toyota Motor Corp. outsold General Motors Co. and all other carmakers for the second time in three quarters, in the latest example of how Japan's largest manufacturers are benefiting from "Abenomics." Toyota and its subsidiaries sold 2.5 million vehicles worldwide in the July-September period, up ...
