Japanese retail investors rally around activism - Nikkei Asia

Quick Summary:

As Japanese companies shift away from cross-shareholding, more shares are finding their way into the hands of retail investors and activists.

TOKYO -- This year, Freund's annual general meeting was unusually contentious, thanks to one participant: Nao Makino from Kaname Capital.

At the Tokyo-based manufacturer of equipment for making pharmaceutical powders and coating tablets, shareholders meetings used to be truncated affairs with few questions asked, according to a shareholder.

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Article Details

Author / Journalist: MITSURU OBE

Category: InvestingFinanceBusiness

Markets: Japan

Topics: Finding Cross-shareholding Companies Shift Shares Japanese Nikkei Asian Hands Content

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 03:31:00 (1 days ago)

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Article Length: 100 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Nikkei Asia

News ID: 21656338

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Main Topics: InvestingFinanceBusiness

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