TOKYO Veteran activist shareholder Yoshiaki Murakami has failed to acquire a majority stake in printing firm Kosaido Co, his funds said on Thursday, blaming the setback on the entrenched practices of corporate Japan.
HONGKONG/FRANKFURT/TOKYO Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Reuters.
HONGKONG/FRANKFURT/TOKYO, May 16 Global private
equity firms Bain Capital, Carlyle Group and KKR & Co
are among potential bidders for Japanese conglomerate
Hitachi Ltd's chemical unit, three people familiar with
the situation told Reuters.
TOKYO Japan's three largest banks all reported lower annual profits on Wednesday, highlighting the challenges faced by the banking industry as the world's third-largest economy looks to be headed for another downturn.
TOKYO, May 15 Japan's two biggest banks by
assets posted double-digit declines in annual profit on
Wednesday, highlighting deepening challenges for lenders as the
world's third-largest economy looks headed toward another
TOKYO Veteran Japanese activist shareholder Yoshiaki Murakami scored another success in his bid for a little-known printing company, Kosaido Co, after management said it would not oppose his offer for at least half of the firm.
Japan's Hitachi Ltd plans to sell its majority stake in Hitachi Chemical, two sources with direct knowledge of the matter told Reuters, in what would mark the latest deal by the sprawling conglomerate to streamline its businesses.
* Shareholders have long complained about rights in Japan
TOKYO A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the center of the tussle told Reuters.