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Shareholders Japan Corporate Governance

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Summary of June 2025 Annual General Shareholder Meeting Season Shareholder Proposals

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According to the news reports, during the June 2025 annual general meeting season, shareholders made a total of 399 proposals to 114 Japanese publicly listed companies. This marks the fourth consecutive year of...more

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Japan 2024 Proxy Season

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Summary of June 2024 Annual General Shareholder Meeting Season Shareholder Proposals - - While the total number of shareholder proposals is comparable to the June 2023 general meeting season, the number of companies...more

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A spotlight on shareholder value spurs Japanese M&A

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M&A in Japan has remained steady since the outlier spike in activity in Q4 2021, with that momentum continuing in the first months of this year. In Q1 2023, there were 196 deals, almost exactly matching the 192 total in the...more

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Japan 2022 Proxy Season

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The number of shareholder proposals made by activist shareholders, votes against management proposals and the number of publicly listed companies facing shareholder proposal continues its upward trend....more

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In Japan, resistance to hostile takeovers fades

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Attitudes are shifting, thanks to changes in corporate governance - Japan has long resisted unsolicited takeovers. Despite the prevalence of such transactions in other large M&A markets such as the US and in Europe, never...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden's 2020 Insights

Despite political and economic uncertainties, markets and deal activity were resilient in 2019, and strong fundamentals remain in place heading into 2020. Companies continue to face a challenging litigation and enforcement...more

Jones Day

Japan Legal Update Vol. 50 | November–December 2019

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Corporate Governance - Companies Act Amendments to Enhance Corporate Governance - The Companies Act of Japan was amended on December 4, 2019 ("Amended Companies Act"), based on the Interim Proposal and the Outline...more

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Managing economic and social change toward a sustainable future: Shareholder activism meets social activism. Are you ESG...

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The introduction and evolution of both a Corporate Governance Code and a Stewardship Code in Japan have had a significant impact on public companies listed in, and asset managers operating in, Japan. Analysts taking part in...more

Jones Day

Japan Legal Update - Volume 34 | March 2018

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Corporate Governance - Subcommittee Prepares Interim Proposal for Amendment to the Companies Act - On February 14, 2018, the Companies Act (in relation to Corporate Governance, etc.) Sub-Committee of the Legislative...more

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