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1 week ago | 
bloomberg.com | Hideyuki Sano |Takako Taniguchi
Eiji Sato(Bloomberg) -- In a sign of rising shareholders’ activism, a president of a semiconductor material maker is at risk of getting voted out of office at the firm’s annual general meeting Saturday. Eiji Sato is facing an uphill battle to be re-appointed as president and CEO of Taiyo Holdings Co., a position he has held since 2011, after some shareholders criticized his response to various acquisition proposals as being too slow.
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1 week ago | 
bloomberg.com | Hideyuki Sano
The Bank of Japan (BOJ) headquarters in Tokyo in June. (Bloomberg) -- The Bank of Japan is fine-tuning its pullback from the bond market but this mustn’t obscure the fact that quantitative tightening is well underway and likely to cause instability in some stocks. The potential impact of quantitative tightening may cast a shadow on the Nikkei 225 Stock Average’s chances of climbing further after hitting four-month highs this week.
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2 weeks ago | 
bloomberg.com | Hideyuki Sano |Aya Wagatsuma
Attendees play online video games in the Samsung Japan Corp. and Nexon Co. collaboration booth at the Tokyo Game Show 2017 at Makuhari Messe in Chiba, Japan, on Friday, Sept. 22, 2017. The game show runs through Sept. 24. Photographer: Akio Kon/Bloomberg(Bloomberg) -- The shares of Nexon Co. surged 10% after Bloomberg reported Tencent Holdings Ltd. is studying a potential deal for the gaming company to bolster its presence in that segment.
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3 weeks ago | 
news.bloomberglaw.com | Hideyuki Sano |Takako Taniguchi
Oasis Management Co. owns shares of Toyota Industries Corp. and Toyota Motor Corp. and plans to talk to the companies as it thinks a ¥4.7 trillion ($33 billion) plan to take Toyota Industries private undervalues the firm, chief investment officer Seth Fischer said. The investment management firm seeks to engage with all the parties involved, including other investors who have critical views on the buyout plan, Fischer said in an interview with Bloomberg.
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1 month ago | 
news.bloomberglaw.com | Hideyuki Sano |Takako Taniguchi |Yui Hasebe
Shares of Japanese drugstore firm Tsuruha Holdings Inc. reversed earlier gains after its holders backed a proposal that would effectively lead to supermarket operator Aeon Co.acquiring the company. Tsuruha dropped as much as 3.3% to 11,225 yen, slipping from the day’s high of 12,050 yen, after its annual general meeting (AGM) approved a merger with Welcia Holdings Co., a part of Aeon’s plan to make the two firms its subsidiary. The company announced the results in a statement.
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1 month ago | 
businessandamerica.com | Hideyuki Sano
Shareholders of Japanese drugstore chain operator Tsuruha Holdings will vote Monday on a proposal which effectively results in its acquisition by supermarket chain Aeon, a move that has already been panned by major investors and proxy advisers. The chorus reflects rising shareholder activism in Japan in recent years as the country’s governance reforms embolden investors. Their disappointment in the planned deal centers around the perceived low premium it would pay to Tsuruha shareholders.
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1 month ago | 
japantimes.co.jp | Hideyuki Sano |Takako Taniguchi |Yui Hasebe
Shareholders of Japanese drugstore chain operator Tsuruha Holdings will vote Monday on a proposal which effectively results in its acquisition by supermarket chain Aeon, a move that has already been panned by major investors and proxy advisers. The chorus reflects rising shareholder activism in Japan in recent years as the country’s governance reforms embolden investors. Their disappointment in the planned deal centers around the perceived low premium it would pay to Tsuruha shareholders.
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1 month ago | 
bloomberg.com | Hideyuki Sano
The National Diet building in Tokyo, Japan, on Thursday, Dec. 14, 2023. Japanese Prime Minister Fumio Kishida is set to reshuffle his cabinet Thursday in a bid to contain a funding scandal that threatens the future of his struggling government. (Bloomberg) -- After a week of rapid increases, yields on Japan’s 30- and 40-year government bonds dropped more than 10 basis points in late trading on Friday.
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1 month ago | 
bloomberg.com | Hideyuki Sano |Takako Taniguchi |Yui Hasebe
Shareholders of Japanese drugstore chain operator Tsuruha Holdings Inc. will vote Monday on a proposal which effectively results in its acquisition by supermarket chain Aeon Co., a move that has already been panned by major investors and proxy advisers. The chorus reflects rising shareholder activism in Japan in recent years as the country’s governance reforms embolden investors. Their disappointment in the planned deal centers around the perceived low premium it would pay to Tsuruha shareholders.
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1 month ago | 
news.bloombergtax.com | Hideyuki Sano |Takako Taniguchi |Yui Hasebe
Shareholders of Japanese drugstore chain operator Tsuruha Holdings Inc. will vote Monday on a proposal which effectively results in its acquisition by supermarket chain Aeon Co., a move that has already been panned by major investors and proxy advisers. The chorus reflects rising shareholder activism in Japan in recent years as the country’s governance reforms embolden investors. Their disappointment in the planned deal centers around the perceived low premium it would pay to Tsuruha shareholders.
