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December 22, 2024
 

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THIRD POINT

Japan Times
BUSINESS / Companies
Sep 18, 2019
Sony explains reasons for rejection of plan to spin off semiconductor business
Sony Corp. has clarified why it rejected a proposal by the U.S. hedge fund Third Point LLC that the electronics and entertainment giant spin off its semiconductor business.
Japan Times
BUSINESS / Companies
Jun 14, 2019
Activist investor Dan Loeb calls on Sony to spin off its semiconductor business
Activist investor Dan Loeb has disclosed a $1.5 billion stake in Sony Corp. and pushed the company to make dramatic changes, including spinning off its semiconductor business and listing it in Japan.
Japan Times
BUSINESS / Companies
Apr 9, 2019
Daniel Loeb's Third Point hedge fund building a stake to pressure Sony, sources say
Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp. to push for changes, the second time in six years it has targeted the electronics maker, according to sources familiar with the matter.
Japan Times
BUSINESS
Jun 26, 2017
Activist hedge fund Third Point buys $3.5 billion stake in Nestle, eyeing opportunities in Europe
Nestle SA is being targeted by activist investor Dan Loeb's hedge fund Third Point, which has built a stake of more than $3.5 billion in the world's biggest food company.
Japan Times
BUSINESS / Companies
Mar 28, 2016
Activist investor Loeb warns Seven & I on nepotism deciding CEO
Third Point LLC's billionaire founder Daniel Loeb has targeted Seven & I Holdings Co. for management succession planning criticism, warning the grocery and retail group against letting nepotism determine its next chief executive officer.
BUSINESS / Companies
Oct 31, 2015
Loeb's Third Point takes stake in Seven & i Holdings
Activist investor Daniel Loeb's Third Point LLC said it acquired a stake in Japan's second-largest grocery and retail group Seven & i Holdings Co. and proposed a spinoff of its supermarket unit.
Japan Times
BUSINESS / FOCUS
Aug 4, 2015
Loeb makes fourth foray in Japan, declares new activists' age
Billionaire Daniel Loeb is starting to make a habit of looking for bargains in Japan.
Japan Times
BUSINESS / Companies
Dec 12, 2014
Loeb's opponents cheered even as Sony tightened belt
When activist investor Daniel Loeb announced in October he'd sold his Sony Corp. stake, executives at the company's Culver City, California, studio lot expressed relief.
BUSINESS / Companies
Oct 22, 2014
Third Point sells Sony, takes new stakes in eBay, Alibaba
Third Point LLC, the hedge fund firm run by Daniel Loeb, sold its investment in Sony Corp. and bought stakes in eBay Inc. and Alibaba Group Holding Ltd. in the third quarter.
Japan Times
BUSINESS / Companies
May 19, 2014
Sony breakup 'long overdue,' analysts say
One year and about $2 billion in lost market value later, it may be time for Sony Corp. to take Daniel Loeb's advice about breaking up.
Japan Times
BUSINESS / Companies
Jul 30, 2013
Loeb presses Sony on IPO, blasts film flops
Sony Corp. investor Daniel Loeb, pressing the case for an initial public offering of the company's entertainment unit, has leveled new criticism at management of the company's film and television studio.
Japan Times
BUSINESS / Companies
May 23, 2013
Sony to mull selling stake in show biz
Sony Corp. said Wednesday that its board of directors will consider a proposal by a U.S. hedge fund to put on the stock market a minority stake in Sony's entertainment division, retracting an earlier statement that they won't be put up for sale.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Mother hopes for reunion with daughter ensnared by Tokyo host clubs
The Kabukicho district in Tokyo, where the daughter of a woman in her 60s fell deeply into the host club culture.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

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

Longform

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The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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