Tag - corporate-governance

 
 

CORPORATE GOVERNANCE

A sign announces that a Starbucks coffee shop in Seoul is closing early for the day so staff can attend historical and social awareness training following the “Tank Day” marketing fiasco.
COMMENTARY / World
Jun 29, 2026
Starbucks Korea marketing debacle is far from over
Last month’s debacle, broadly perceived as mocking the victims of a brutal military crackdown, was not caused by front-of-house staff.
Former Nissan Chairman Carlos Ghosn at an event in Beirut in May 2024
BUSINESS / Companies
Jun 25, 2026
Ghosn says calls for his Nissan return show investor anger over results
Ghosn led Nissan for nearly two decades and has lived in Lebanon since fleeing Japan in late 2019.
Francois Provost, CEO at Renault Group, speaks during an event in Guyancourt, near Paris, in March.
BUSINESS / Companies / FOCUS
Jun 24, 2026
Renault reminds Nissan of its clout with ouster of ex-banker
The French carmaker, which holds 15% of voting rights, abstained from voting for the reappointment of influential outside director Motoo Nagai.
Nissan shareholders voted against the reappointment of outside director Motoo Nagai, while approving 11 other board nominees at the company’s annual meeting.
BUSINESS / Companies
Jun 23, 2026
Nissan shareholders vote out influential director at meeting
Motoo Nagai’s ouster represents Renault’s biggest power move at Nissan since ceding much of its influence over the Japanese carmaker in 2023.
Nissan's plant in Kaminokawa, Tochigi Prefecture. Renault, which owns roughly 36% of Nissan but can only exercise 15% of voting rights, plans to abstain from voting for the reappointment of Motoo Nagai, an influential outside director, as the firm is concerned about his independence.
BUSINESS / Companies
Jun 22, 2026
Renault pushback on Nissan board picks targets creditor Mizuho
Renault, which owns roughly 36% of Nissan, plans to abstain from voting for two board members who have ties to Mizuho Financial Group, Nissan’s biggest creditor.
People working in human resources departments participate in a workshop in Tokyo in January. The participants played a card game in which they took on roles of people with various disabilities.
JAPAN / Society / FOCUS
Jun 22, 2026
Japanese companies get serious about workplace DEI
Firms are stepping up their efforts on diversity, equity and inclusion in a bid to improve their management of human resources.
Guidance by the economy ministry urging firms to focus more on mid- to long-term growth, with the aim of boosting capital spending and wages, is at odds with the Tokyo Stock Exchange’s push for better capital efficiency.
BUSINESS / Companies
Jun 19, 2026
Japan’s push for corporate growth over value sets off skepticism
Pressure from the government toward encouraging unnecessary investment may undermine progress and derail the market rally.
Nidec CEO Mitsuya Kishida faced a barrage of questions from investors about Nidec’s survival during the firm's general shareholders meeting on Thursday.
BUSINESS / Companies
Jun 18, 2026
Nidec investors vent frustrations over scandal at annual meeting
CEO Mitsuya Kishida faced a barrage of questions about Nidec’s survival as well as deep skepticism about his plan to turn the business around.
Activists put stickers on an image of Shinsegae Chairman Chung Yong-jin during a rally calling for a boycott of the Starbucks coffee chain in Seoul on May 27.
BUSINESS / Companies
Jun 17, 2026
Starbucks in South Korea to close all stores early for history training
The move comes after a promotional event sparked harsh criticism from customers and politicians, including President Lee Jae Myung.
Japan’s global soft power through anime and video games has grown in recent years in part because it largely remains more attuned to fans than investors.
COMMENTARY / Japan
Jun 17, 2026
Don’t let Wall Street crush Japan’s soft power
Gamers fear that big money, foreign or otherwise, is going to ruin what might be one of the least-touched bastions of nerd entertainment.
Hidenori Furuta resigned as chairman of Fujitsu on Tuesday after the company confirmed his "woman-related ​inappropriate conduct."
BUSINESS / Companies
Jun 16, 2026
Fujitsu chairman quits following ‘woman-related’ improper behavior
Fujitsu said it has ​withdrawn Hidenori Furuta’s candidacy as a nonexecutive director in the annual shareholders’ ⁠meeting slated for later this month.
A revised election law under consideration would stipulate that "social media users must not harm the fairness of elections" through false statements or factual distortion.
JAPAN / Politics
Jun 14, 2026
Japan eyes responsibility of social media users during elections
The government expects to get the legislation enacted during the current parliamentary session ending in July.
Hong Kong investment fund Oasis Management is seeking the removal of Kyocera Chairman Goro Yamaguchi over the company's poor earnings.
BUSINESS / Companies
Jun 9, 2026
Japanese firms see record number of shareholder proposals from activist investors
As of Friday, institutional investors had submitted 139 proposals to 51 Japanese companies, up from 137 the previous year, according to Mitsubishi UFJ Trust and Banking.
The Fair Trade Commission conducted on-site inspections Tuesday at major staffing firms, including Persol Tempstaff and Recruit Staffing, over allegations they operated a cartel to raise staffing service fees, according to informed sources.
BUSINESS / Companies
Jun 2, 2026
Japan’s FTC inspects five staffing agencies over alleged service fee cartel
The inspections were the first to have been conducted on-site by the antimonopoly watchdog on companies in Japan’s temporary staffing industry, sources said.
Nidec President Mitsuya Kishida
BUSINESS / Companies
May 31, 2026
Embattled Nidec to suspend biz acquisitions
A panel of outside experts concluded that pressure to meet performance targets was among the factors behind the irregularities.
Seth Fischer, the founder of Oasis Management, says Japan’s plan to tighten the threshold for shareholder proposals will hurt retail investors more than it affects activist funds.
BUSINESS / Economy
May 28, 2026
Curb on shareholder rights will hurt retail investors not activists, says Oasis
The government and LDP suggest limiting shareholder proposals to those holding at least 1% of voting rights, up from the current threshold of 300.
Chubu Electric Power's Hamaoka nuclear power station in Shizuoka Prefecture on May 17, 2013
JAPAN
May 27, 2026
Japan weighs criminal penalties for nuclear plant data fraud
The plan is being considered following earthquake risk data fraud by Chubu Electric Power over its Hamaoka nuclear power plant in Shizuoka Prefecture.
A survey showed that 68.8% of responding companies have no in-house guidelines on social media conduct, despite the risk that a post by an employee could undermine a company's credibility.
BUSINESS
May 27, 2026
70% of companies in Japan have no rules on social media conduct
A survey found that most firms leave posts to individual judgment despite concern about information leaks and online conflicts.
The Tokyo District Court on Monday found two former executives of artificial intelligence developer Alt guilty of window dressing in violation of the financial instruments and exchange law.
JAPAN / Crime & Legal
May 26, 2026
Former execs of AI developer Alt found guilty of window dressing
Katsuya Asai, 46, and Takayuki Ariizumi, 53, were given suspended prison sentences, and the Tokyo-based company was fined ¥300 million.
Nidec CEO Mitsuya Kishida says the company will return to dealmaking once it recovers from scandals.
BUSINESS / Companies
May 25, 2026
Nidec boss hints at more M&A deals once scandals abate
CEO Mitsuya Kishida has underlined regaining trust as the Kyoto-based electric motor manufacturer’s top priority.

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