Tag - corporate-governance

 
Menu
Search
 
March 10, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

CORPORATE GOVERNANCE

Seven & I named Stephen Hayes Dacus as its first foreign chief executive on Thursday.
BUSINESS / Companies
Mar 6, 2025
Seven & I announces measures to fend off Couche-Tard takeover
The announcements are the latest twist in a saga that began last year when Seven & I rebuffed a takeover offer from Canada's Alimentation Couche-Tard.
Seth Fischer, chief investment officer of Oasis Management, speaks during an interview in Tokyo on Tuesday.
BUSINESS
Mar 6, 2025
Oasis says investors back its proposed board changes at Kao
Oasis, which holds a 5.2% stake in Kao, has presented five candidates to become outside directors of the company.
Toyota’s announcement to hand out perks to its shareholders comes as some Japanese firms begin reintroducing perks to attract retail investors.
BUSINESS / Companies
Mar 4, 2025
Toyota to hand out shareholder perks to entice retail investors
Some Japanese firms have begun reintroducing perks to attract retail investors, a practice that has drawn criticism from some global funds.
Seven & I has spent months fending off Couche-Tard’s takeover bid with complex maneuvers, but instead of chasing defensive strategies, it should focus on strengthening its core convenience-store business, which still has untapped potential.
COMMENTARY / Japan
Mar 4, 2025
7-Eleven’s time-wasting isn’t so convenient
Retail is a fast-moving industry — and months spent fending off Couche-Tard means less focus on strategy.
Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
BUSINESS / Companies
Mar 3, 2025
7-Eleven owner to appoint first foreign CEO, report says
The owner's plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.
Bic Camera paid ¥557 million less than originally agreed to 51 contract makers of its private-label products including home appliances between July 2023 and August 2024, according to the Fair Trade Commission.
BUSINESS
Mar 2, 2025
Japan FTC urges Bic Camera to pay subcontractors in full
Bic Camera is believed to have begun underpaying subcontractors in 2020, when it began selling items under its own name.
The rapid collapse of the plan to take Seven & I private reflects how personal egos and domestic competitiveness ultimately outweighed the nationalistic desire to fend off Canada’s Alimentation Couche-Tard, whose pursuit of the Japanese retailer emerged last August.
BUSINESS / Companies
Mar 2, 2025
Seven & I and Nissan deal fallout leaves Japan companies vulnerable
The collapse of the deals means the companies are potentially even more vulnerable to foreign takeovers.
The government adopted a bill to help prevent cases of human rights abuses and other malicious activities related to the use of artificial intelligence but without hindering businesses' willingness to develop the technology.
JAPAN
Feb 28, 2025
New bill lets government publicize names of firms who maliciously use AI
The bill doesn't include "excessive regulations" that could impede technological innovation, the science and technology policy minister said.
Fuji TV President Kenji Shimizu speaks to reporters in Tokyo's Minato Ward on Thursday.
BUSINESS / Companies
Feb 28, 2025
Longtime Fuji Media director Hieda resigns from advisory panel
The move follows a firestorm that engulfed Fuji Media and its core unit, Fuji Television Network, over the handling of a sex scandal involving former TV star Masahiro Nakai.
Itochu dropping its Seven & I Holdings buyout plan would place Alimentation Couche-Tard’s offer back in the limelight.
BUSINESS / Companies
Feb 27, 2025
Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
An individual with an understanding of the deal said Itochu and Seven & I lacked synergy to justify the deal.
Nissan CEO Makoto Uchida concludes a news conference at the company's headquarters in Yokohama in February.
BUSINESS / Companies
Feb 27, 2025
Nissan management shake-up plans reported as sharks circle  
Nissan is considering a change in leadership following poor results and the failure of a proposed merger with Honda, according to a report citing unnamed sources.
Kwek Leng Beng, chairman of City Developments Ltd., attends a news conference in Singapore in 2019.
BUSINESS
Feb 27, 2025
Father-son feud plunges Singapore’s richest clan into crisis
At stake in the feud is control of a major slice of an $18 billion family empire spanning property development to hospitality and finance.
Japan has already seen 24 takeover bids so far in 2025. If that pace is sustained, they may exceed 100 this year for the first time ever.
BUSINESS / Markets
Feb 27, 2025
Stock investors in Japan hunt for takeover targets with new fund
Japan has already seen 24 takeover bids so far in 2025.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Feb 26, 2025
Seven & I buyout talks stall over management control
The founding Ito family and Itochu have yet to reach consensus on the composition of the board of the post-buyout entity, sources said.
An Apple store in Walnut Creek, California, on Monday. Apple Inc. Apple investors rejected a proposal to end the iPhone maker’s diversity, equity and inclusion efforts, but CEO Tim Cook some some adjustments may occur.
BUSINESS / Tech
Feb 26, 2025
Apple to keep DEI efforts, though some adjustments possible
The proposal to abolish DEI efforts came after competitors like Meta and Google have started winding down such programs.
Bic Camera is under investigation by the Fair Trade Commission for unreasonable reductions in payments to subcontractors.
JAPAN
Feb 25, 2025
Japan's FTC to advise Bic Camera not to underpay subcontractors
The commission found that Bic Camera unreasonably cut payments by a total of about ¥500 million in violation of the subcontract law.
With mergers and acquisitions reaching a record of more than $230 billion last year in Japan, and activists exerting greater influence on corporate Japan, investors from Sparx Asset Management to UBP Investments and Sigmoid Capital are becoming warier of nonearnings factors that may boost shares.
BUSINESS / Economy
Feb 20, 2025
Activist boom in Japan is upending long-short stock strategies
Japan’s percentage of short-selling to total trades is at the lowest since July last year, in terms of the 60-day moving average.
The city government of Hirosaki, Aomori Prefecture, used corporate donations to create a volunteer tour, during which participants help farmers harvest apples and enjoy sightseeing in the city.
JAPAN / FOCUS
Feb 20, 2025
Corporate hometown donations gain traction in Japan
Some local governments have been found to provide de facto rewards to donor companies, violating the system's rules and raising concerns about improper practices.
Norinchukin Bank Chief Executive Officer Kazuto Oku
BUSINESS / Companies
Feb 19, 2025
Norinchukin CEO plans to resign after massive bond losses
Norinchukin reported wider losses this month as it boosted investments in riskier leveraged loans and sought additional capital.
Sapporo beer
BUSINESS / Companies
Feb 18, 2025
Activist fund criticizes Sapporo after ‘acquisition failures’
The Singapore-based investment fund censured the management over "impairment losses on all of its overseas alcoholic beverage acquisitions.”
As Trump hails taking back of Panama Canal, Hong Kong Inc. walks tightrope
Balboa Port, operated by Panama Ports Company, at the Panama Canal. Conglomerate CK Hutchison, controlled by Hong Kong billionaire Li Ka-shing, has agreed to sell its ports network, including assets along the Panama Canal, to a U.S. consortium led by BlackRock.
Tokyo’s vinyl experts say overseas buyers are ‘sustaining the scene’
Rintaro Sekizuka runs a record store in both London and Tokyo’s Katsushika Ward.
Tokyo responds to Trump remarks on 'interesting' Japan-U.S. security pact
Prime Minister Shigeru Ishiba (left) and U.S. President Donald Trump arrive for a joint news conference in the East Room of the White House in Washington, on Feb. 7.
Japan must fix 'misunderstanding' it is manipulating yen, says ex-BOJ chief Kuroda
Former Bank of Japan Gov. Haruhiko Kuroda said Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy.
Some 44% of Japanese lawmakers back selective dual surname system
Constitutional Democratic Party of Japan leader Yoshihiko Noda addresses a rally calling for the introduction of a system allowing married couples to choose whether to use the same or different family names on Feb. 26 at parliament.
Cherry blossom season set to kick off on March 21 in Tokyo
A Weathernews forecast shows the cherry blossom season will begin on March 21 in Tokyo.
‘Granny hobbies’ are the new self-care
Yarn shortages are a sign that hobbies like knitting and crochet are gaining in popularity.
Can Shiori Ito’s documentary open Japan’s black box?
Shiori Ito is the first Japanese director to have been nominated for an Academy Award for best documentary feature film. "Black Box Diaries," which tells the story of her quest for justice following her rape in 2015, hasn't been released in Japan.
Japanese stocks stalled at 1989 levels as investors weigh tariffs and rates
An electronic sign displays the benchmark Nikkei stock average on a street in Tokyo. The stock average has been range-bound between about 38,000 and 40,000 since hitting a new all-time high in July last year.
Redevelopment and resistance in historic Nishiogikubo
Tsuyoshi Mizukoshi, owner of a pub in Nishiogi’s commercial area, is a community organizer who is rallying local residents against the road development plan.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Wealthier women in the prewar era had been the targets of various media-related health campaigns that mistakenly encouraged them to avoid everything from riding bicycles to reading novels when their monthly cycles came around.
Menstruation in Japan: Breaking the silence, slowly
By Tomoko Otake

SUSTAINABLE JAPAN

Supporting women’s social participation is Cartier’s commitment
Supporting women’s social participation is Cartier’s commitment

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER