NEWSWORTHY
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 ...
Should shareholders always come first?
Elizabeth Warren wants to make companies also consider workers, customers and local communities.
Foreign mega-deals challenged by Fujifilm and Takeda shareholders
Fujifilm Holdings Corp. President Kenji Sukeno told shareholders on Thursday that the company will continue to pursue a merger with Xerox Corp. despite the U.S. printer and copier-maker's decision to terminate the deal. "It is the best option for Fuji Xerox and Xerox. I will ...
Subaru chief Yasuyuki Yoshinaga apologizes to shareholders for scandals
Speaking at a general meeting of its shareholders on Friday, Subaru Corp. President Yasuyuki Yoshinaga apologized for recent inspection and data scandals that have plagued the Japanese automaker. "We offer a heartfelt apology for repeatedly causing inconvenience and anxiety," Yoshinaga said at the meeting, which ...
Shareholders urge utilities to end nuclear power generation, are snubbed by management
Anti-nuclear shareholders in major Japanese utilities called for an end to nuclear power generation at general shareholders' meetings on Wednesday, citing safety concerns and a lack of support in local communities. Among the proposals at the meetings of eight power producers were withdrawal from the ...
Individual shareholders are strongly encouraged to use shareholders meetings as an opportunity to critically evaluate the management of firms.
Shareholders express anger at Takata management
Air bags made by the firm, which filed for bankruptcy protection on Monday, have reportedly been linked to at least 17 deaths worldwide.
Toshiba Corp. said Tuesday the total amount of damages sought by shareholders for losses incurred from the company's falling stock price due to an accounting scandal has exceeded ¥100 billion. The conglomerate said the amount sought against it totals ¥108.4 billion after a group of ...
Toshiba unable to issue fiscal 2016 earnings report at shareholders meeting
Toshiba said Wednesday it will not be able to release its fiscal 2016 earnings report at its shareholders meeting next month, as the prospect of a timely filing of its financial statement with regulators by the end of June grows dimmer by the day. Struggling ...
Failed gamble leaves Toshiba investors irate
Shareholders on Thursday slammed management for a disastrous plunge caused by the company’s nuclear investment, questioning whether the 142-year-old conglomerate can survive the aftermath.
Japanese companies need to take more heed of their investors, while shareholders need to guide companies forward for the long term and not just worry about short-term gains.
Lotte to hold extraordinary shareholders meeting amid family feud
Lotte Holdings Co. will convene an extraordinary shareholders meeting on March 6 at its headquarters in Tokyo amid a feud between the sons of the company founder over their control of the company, a person close to the founder's eldest son, Hiroyuki Shigemitsu, said ...
