Business / Corporate Jun 24, 2019

Nomura shareholders vote to re-appoint under-fire CEO Koji Nagai

Nomura Holdings Inc.'s besieged chief executive won a shareholder vote Monday, surviving a call for his ouster from the board following an information leak. CEO Koji Nagai was re-appointed at an annual shareholder meeting alongside nine other nominees proposed by the company, Japan's biggest brokerage ...

Bernie Sanders accuses Walmart of paying 'starvation wages'

Business / Corporate Jun 6, 2019

Bernie Sanders accuses Walmart of paying 'starvation wages'

Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc. shareholders and top executives that the world's largest retailer should boost the "starvation"-level wages it pays its workers and stop fueling income inequality. Speaking at Walmart's shareholder meeting, the U.S. senator said: "Despite the ...

Japan Post invests in Daiwa Securities to cement ties

Business / Corporate May 21, 2019

Japan Post invests in Daiwa Securities to cement ties

Japan Post Holdings Co. has acquired an equity stake of 1.91 percent in Daiwa Securities Group Inc. Daiwa revealed the deal in a notice Monday for its upcoming general shareholders meeting. According to the notice, Japan Post Holdings had 30 million shares in Daiwa as of ...

Japanese firms buying back shares at a record pace

Business / Corporate Feb 17, 2019

Japanese firms buying back shares at a record pace

Publicly traded firms' purchases of their own shares are expected to hit a record in fiscal 2018, which ends next month, as they are increasingly focusing on the interests of shareholders. Planned share buybacks for fiscal 2018 as of Sunday came to ¥6.7 trillion, about ...

Parent-subsidiary listings under closer scrutiny of Japanese investors

Business Sep 29, 2018

Parent-subsidiary listings under closer scrutiny of Japanese investors

Companies listed on stock exchanges along with their subsidiaries have come under closer scrutiny by investors due to continuing concerns over corporate governance. Such listings serve a dual purpose for parent companies, as they can maintain their influence over subsidiaries and at the same time ...