Tag - corporate-governance

 
 

CORPORATE GOVERNANCE

If Elliott Investment Management succeeds in blocking Toyota's take-private deal, it would mark one of the biggest wins for shareholder activism in Japan.
BUSINESS / Companies
Jan 29, 2026
Elliott seen having a shot at foiling controversial Toyota deal
Should Elliott prevail, it would go down as one of the biggest victories for shareholder activism in Japan.
The No. 6 reactor at the Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture. Tokyo Electric Power Company Holdings expects to return to profitability in the next fiscal year on the assumption that the reactor is restarted.
BUSINESS / Companies
Jan 26, 2026
Tepco to make cost cuts of ¥3.1 trillion over 10 years under new business plan
The cost cuts will be achieved through business streamlining, reduced investment and asset sales.
Chubu Electric Power executives apologize during a news conference on Jan. 5 in Nagoya after disclosing that the company might have cherry-picked earthquake data for the Hamaoka nuclear power plant.
JAPAN
Jan 26, 2026
Nuclear watchdog begins inspection of Chubu Electric HQ over data fraud
The probe is aimed at uncovering the circumstances surrounding and motives behind the earthquake risk data fraud concerning its Hamaoka nuclear power plant.
Shareholder activism in Japan has intensified in recent years as the government and Tokyo Stock Exchange have aggressively pushed corporate governance reforms.
BUSINESS / Companies
Jan 23, 2026
Activist says Japanese founding families failing to boost shares
The shares of Tsutsumi Jewelry and staffing services provider Pasona Group are being allowed to stagnate to the detriment of minority investors, the investor argued in letters.
Chubu Electric Power President Kingo Hayashi. His company has come under scrutiny from regulators over falsified earthquake risk data at Hamaoka nuclear power plant.
JAPAN
Jan 23, 2026
Authorities to launch inspection of Chubu Electric over data fraud
The Nuclear Regulation Authority will also halt screenings needed for reactivation of the No. 3 and No. 4 reactors at the Hamaoka nuclear power plant.
The Toyota group plans to take Toyota Industries private, a deal opposed by U.S. activist fund Elliott Investment Management.
BUSINESS / Companies
Jan 19, 2026
Elliott opposes group buyout of Toyota Industries
The U.S. activist fund argues Toyota Industries, which it has a 5% stake in, could achieve greater value on its own.
U.S. Treasury Secretary Scott Bessent (second from left) and U.S. lawmakers and business leaders applaud as U.S. President Donald Trump arrives to attend the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh last July.
BUSINESS / Companies / FOCUS
Jan 19, 2026
American CEOs push back against Trump ... mildly
Corporate governance experts says statements — ‍and omissions — are in line with a broader fear among business leaders that the White House will punish dissent.
Prudential Life Insurance in Tokyo said more than 100 current and former employees had been defrauding customers of money.
BUSINESS / Companies
Jan 16, 2026
Over 100 employees of Prudential Life Insurance behind ¥3.1 billion fraud, firm reveals
An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
Chubu Electric Power President Kingo Hayashi (center) bows in apology during his meeting with Masaru Shimomura, mayor of Omaezaki, Shizuoka Prefecture, in the city on Thursday.
JAPAN / Society
Jan 15, 2026
Chubu Electric chief apologizes to mayor over nuclear plant data fraud
It was the first time for Chubu Electric’s president to offer an apology to the Hamaoka plant host municipality in Shizuoka Prefecture since the scandal came to light.
The Toyota group has raised its buyout offer for Toyota Industries by 15%.
BUSINESS / Companies
Jan 15, 2026
Toyota Industries shares exceed new bid as traders push for more
The sweetened bid is unlikely to placate investors who say the new price still undervalues the company with the shares already outpacing the revised offer.
An annual ranking of corporate climate efforts has put Japanese firms ahead of those from the United Kingdom, the European Union, China and others.
BUSINESS
Jan 14, 2026
Japanese companies ahead on climate leadership, data shows
Japan took the lead in an annual ranking with 22% ‍of companies achieving what CDP defined as “climate leadership,” followed by the U.K. with 17%.
Chubu Electric Power President Kingo Hayashi (left) and other company executives during a news conference in Nagoya on Jan. 5
JAPAN
Jan 14, 2026
Chubu Electric to face on-site probe over data fraud at nuclear plant
The Nuclear Regulation Authority decided its secretariat will conduct the inspection following the company’s data fraud regarding earthquake risks at its Hamaoka plant.
Michael ByungJu Kim (center), co-founder and chairman of MBK Partners, arrives at the Seoul Central District Court in Seoul on Tuesday.
BUSINESS
Jan 14, 2026
Buyout billionaire Kim wins court fight over arrest bid
South Korean prosecutors are investigating the billionaire co-founder of buyout firm MBK Partners and three others on charges including fraud.
Under the new business reconstruction program, Tokyo Electric Power Company Holdings aims to improve its profitability as huge costs are expected for compensation to victims of the March 2011 nuclear accident at its tsunami-stricken Fukushima No. 1 power plant and for decommissioning reactors at the plant.
BUSINESS / Companies
Jan 11, 2026
Tepco submits new business reconstruction plan
The new plan includes a policy to promote preparations for the decommissioning of the nuclear plant, such as securing human resources.
People involved in tree-planting activities under the profit-sharing afforestation program in March in Kagoshima Prefecture
JAPAN
Jan 11, 2026
Japan to quantify companies’ forest conservation efforts
The agency’s goal is to encourage corporate participation in forest conservation by making it easier for companies to gain recognition from customers and the market.
The Hamaoka nuclear power plant in Shizuoka Prefecture
JAPAN
Jan 10, 2026
Chubu Electric’s data fraud ‘undermines’ Japan’s nuclear energy policy
A delay in the restart of Hamaoka reactors will deal a blow to Chubu Electric’s earnings and affect the government’s goal of raising the share of nuclear power.
Drugstore chain Tsuruha will become a  subsidiary of major supermarket operator Aeon on Wednesday next week.
BUSINESS / Companies
Jan 8, 2026
Aeon set to make drugstore chain Tsuruha a subsidiary next week
Aeon revised up its consolidated earnings estimates, reflecting the acquisition of Tsuruha.
The Finance Ministry, along with the trade ministry, the National Security Secretariat and other bodies, will propose a Japanese version of the Committee on Foreign Investment in the United States to conduct a cross-ministerial review of foreign investments in Japanese companies.
BUSINESS / Economy
Jan 8, 2026
Japan to beef up foreign investment oversight with own version of CFIUS by year-end
The Finance Ministry is aiming to double the number of its employees working in investment screening operations from the current workforce of about 60.
Nuclear Regulation Authority Chairman Shinsuke Yamanaka (left) attends a regular commissioner meeting on Wednesday in Tokyo.
JAPAN
Jan 7, 2026
Japan stops Chubu Electric’s nuclear review due to flawed seismic data
The country’s nuclear watchdog said it was halting the screening needed to restart Chubu Electric Power’s only nuclear power ​plant.
Chubu Electric Power President Kingo Hayashi (left) and other company executives bow in apology on Monday in Nagoya after disclosing that the company might have cherry-picked earthquake data for the Hamaoka nuclear power plant in Shizuoka Prefecture for submission to a nuclear watchdog.
BUSINESS / Companies
Jan 6, 2026
Cherry-picked quake data might have been submitted for Hamaoka nuclear plant
Chubu Electric Power President Kingo Hayashi says the data could have caused a review of safety standards at the Shizuoka plant to be based on weaker quake projections.

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