Electrical machinery giant’s subsidiary company rumored to merge with another major machinery manufacturer, aim is to eliminate the influence of an activist shareholder (JPN Only)
Former Fujitec chairman retaliates against activist shareholder that demanded his dismissal / Uchiyama, of the company’s founding family, makes shareholder proposal to appoint 8 outside directors
Major elevator maker Fujitec: an unusual dismissal of 3 outside directors at the behest of an investment fund contributes to managerial confusion (JPN Only)
Fujitec outside directors’ ability to play supervisory role called into question: 3 directors dismissed as result of shareholder proposals; alarm was sounded over inaction after the company’s ‘former president was appointed chairman despite failure to gain confidence [of shareholders]’ (JPN Only)
Fujitec’s extraordinary general meeting of shareholders ends with dismissal of three outside directors and appointment of four proposed by investment fund (JPN Only)
Fujitec dismisses three outside directors, sees shareholder proposals approved at general meeting; four new outside directors appointed, two company proposals rejected (JPN Only)
Fujitec: three outside directors dismissed; shareholder proposal approved at EGM – Four new appointments approved, two company proposals rejected (JPN Only)
The challenges of corporate management in Japan as seen by an activist investor; Seth Fischer, Chief Investment Officer at Hong Kong-based investment fund Oasis Management Group (JPN Only)