Tag - corporate-governance

 
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December 05, 2024
 

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CORPORATE GOVERNANCE

A Jera thermal power plant
BUSINESS / Companies
Oct 6, 2023
Japan climate group calls for ban on top power firm's emission claims
The group says the ads may mislead consumers as Jera fails to mention that the ammonia the utility plans to use would emit CO2 during production.
LeanIn.Org founder Sheryl Sandberg
BUSINESS / Companies
Oct 5, 2023
Women are asking for promotions, but men keep getting them
Women want to be leaders in the workplace, but employers are still passing them by in favor of their male counterparts.
Johnny & Associates president Noriyuki Higashiyama (second from right), flanked by Johnnys' Island President Yoshihiko Inohara (second from left), unveils the company name Smile-Up during a news conference in Tokyo on Monday.
JAPAN / Society
Oct 2, 2023
Johnny's to form new company in wake of sexual abuse by founder
The move comes after the agency acknowledged abuse and apologized to victims in a news conference last month.
Johnny & Associates' outgoing head Julie Keiko Fujishima and its new chief, Noriyuki Higashiyama, bow to express their apology during a news conference in Tokyo last month.
BUSINESS
Oct 1, 2023
Johnny's looks toward a revamp as it seeks to salvage tarnished brand
Recent attempts to distance the agency from the long shadow of its namesake have been met with public backlash.
Shell CEO Wael Sawan attends the China Development Forum 2023 in Beijing on March 25. At an investor day in June, Sawan outlined plans to slow investment in renewables and low-carbon business as part of a strategy to boost returns.
BUSINESS / Companies
Sep 28, 2023
Shell CEO faces pressure from within over renewables commitment
Employees have issued a rare open letter to Wael Sawan after he outlined plans to slow investment in renewables in a strategy to boost returns.
Financial Services Agency officials enter Bigmotor's Tama outlet in western Tokyo on Tuesday.
JAPAN / Crime & Legal
Sep 19, 2023
Watchdog starts on-site probe of Bigmotor and Sompo Japan
The investigation aims to dig deeper into the insurance fraud scandal by the leading used-car dealer. The probe is likely to take several months.
Identifying a sustainable product can involve evaluating claims about emissions, plastic use, water waste and packaging recyclability.
ENVIRONMENT / Sustainability
Sep 19, 2023
Regulators are trying to stop greenwashing before it gets worse
The range of agencies tackling dubious sustainability claims is indicative of its ambiguity and breadth.
The headquarters of Johnny & Associates in Tokyo's Minato Ward
JAPAN / Society
Sep 14, 2023
Johnny's says it will work for free as firms cut ties over scandal
The talent agency says it will not receive management fees for advertisements and television appearances by performers for a year.
The sudden resignation of BP CEO Bernard Looney may mark a crossroads clean energy, as Looney was seen as pushing for a transition more aggressively than his industry peers.
BUSINESS / Companies
Sep 13, 2023
BP chief’s surprise exit leaves questions over green strategy
BP said Tuesday that the 53-year-old CEO was departing after failing to fully disclose to the company board past relationships with colleagues.
Japan Exchange Group only has a female board ratio of 13%, a level that’s less than half the average of global peers.
BUSINESS
Sep 11, 2023
Japan stock exchange’s board diversity is among worst in world
Japan Exchange Group’s female board ratio remains far below global peers and its own listing rule goal.
A joint study by consultant McKinsey and data firm NielsenIQ earlier this year found that 78% of U.S. consumers say a sustainable lifestyle is important to them.
ENVIRONMENT / Sustainability
Sep 8, 2023
Shoppers say they want sustainable goods, but won't pay more
When push comes to shove, manufacturers sometimes find consumers aren't buying their sustainable products.
Part of the deserted Legend of Sea project developed by Country Garden
ASIA PACIFIC / Politics
Sep 7, 2023
China’s credit wreck exposes governance failings to the world
"Foreign money managers still have willingness to invest in China, but how much we invest is in flux.”
According to a survey conducted by the Tokyo Stock Exchange, 20% of the 1,235 prime-listed companies have come up with specific measures.
BUSINESS / Markets
Aug 31, 2023
Most Japan firms yet to disclose plans for better capital efficiency
The TSE made a rare call in March for firms to disclose plans in the long run to improve capital efficiency, but nearly 70% have yet to do so.
Esquel Enterprises Chairman Marjorie Yang has been named to the board of food delivery company Meituan, the most recent high-profile firm to name its first ever female director.
BUSINESS / Companies
Aug 31, 2023
More mainland China holdouts add women to their all-male boards
Major Chinese firms are appointing female directors, or setting targets for diversity, ahead of a deadline set by the Hong Kong stock exchange
Actively managed exchange-trade funds are set to debut on the Tokyo Stock Exchange next week.
BUSINESS / Markets
Aug 31, 2023
Active ETFs cash in on corporate reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week.
A worker cleans solar panels at a solar farm facility in Yumbo, Colombia.
ENVIRONMENT / Energy
Aug 30, 2023
Junk offsets are feeding wave of greenwashing, study shows
The research found that only 6% of a potential 89 million credits were linked to additional carbon reductions through preserved forests.
The Shein logo at the company's office in Singapore in 2022. The company, which sells $7 dresses and $5 home goods in more than 150 countries, has moved its headquarters to Singapore but manufactures most of its products in China.
BUSINESS / Companies
Aug 29, 2023
U.S. states ask SEC to confirm Shein complies with labor rules
The request adds to pressure on Shein as China hawks in Congress target Chinese firms that do not align with U.S. foreign policy goals.
Japan Tobacco's headquarters in Tokyo
JAPAN / Politics
Aug 27, 2023
Ukraine puts Japan Tobacco unit on list of war supporters
Kyiv's national corruption agency criticized the company for continuing its business activities in Russia and paying a large amount of tax to Moscow.
A Saudi Aramco oil tank at the Ras Tanura refinery and terminal in Saudi Arabia
BUSINESS / Companies
Aug 27, 2023
U.N. experts challenge Saudi Aramco over climate change
The largely state-owned enterprise plans to ramp up national oil production capacity to 13 million barrels per day by 2027.
More investors in the Tokyo stock market are beginning to see higher pay as a useful barometer of a company’s strength.
BUSINESS / Markets
Aug 18, 2023
Stock pickers cheer for wage hikes in post-deflationary Japan
A group of companies that raised wages higher than many of their peers has outperformed the Topix index by 5 percentage points so far this quarter.
South Korea's Yoon backs down after parliament rejects martial law
Soldiers try to enter the National Assembly building in Seoul, after South Korea President Yoon Suk Yeol declared martial law late Tuesday evening.
BOJ weighs case for first triple hike since Japan’s bubble burst
Bank of Japan Gov. Kazuo Ueda reiterated in an interview published Saturday that authorities will raise rates if the economy performs in line with projections.
Australian says romance scam tricked her into smuggling drugs into Japan
Donna Nelson says her life was turned upside down when she learned that the man she was falling for had tricked her into smuggling 2 kilograms of methamphetamine into Japan.
Jetstar Japan loses lawsuit over disciplinary action against cabin crew
Jetstar Japan has been ordered to pay back wages to two cabin crew members for the periods they were suspended.
Nomura CEO takes pay cut after former employee charged with attempted murder
Kentaro Okuda, CEO of Nomura Holdings, speaks during a news conference in Tokyo on Tuesday.
U.S. Space Force launches first unit in Japan
Activated on Wednesday, U.S. Space Forces Japan — a component similar to the one established at South Korea’s Osan Air Base in 2022 — will operate out of Yokota Air Base in the city of Fussa, western Tokyo, with a staff of about 10.
Can Japan's scientific community rebound from a Nobel nosedive?
The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Europe eyes 'boots on the ground' in Ukraine as possible peace deal option
A serviceman with the Ukrainian Army's 24th mechanized brigade fires a machine gun during an exercise, amid Russia's attack on Ukraine, in the country's Donetsk region on Friday.
Seven strangers and an algorithm: Can this new dinner app help you make friends?
Timeleft uses an algorithm to match its users with five or six strangers in an effort to prompt “human connection” over dinner at a restaurant. It determines the attendees with the help of a simple personality quiz available when you sign up for the service.
Don’t worry, you can still use your Japan health insurance card — for now
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.

Podcast

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

Longform

The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Can Japan's scientific community rebound from a Nobel nosedive?
By Tomoko Otake

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