DATE PUBLISHED: MAY 27, 2024
Japan’s corporate governance is evolving, influenced by increasing shareholder activism and initiatives by regulators and the Tokyo Stock Exchange (TSE) to attract global investment. The upcoming proxy season is expected to see a rise in shareholder p roposals, with a focus on board independence, capital allocation and environmental issues.
This report looks at the trends in Japanese corporate governance, where there is a growing emphasis on shareholder proposals and capital efficiency. We examine what this means for the upcoming proxy season and the challenges faced by Japanese companies in meeting investor expectations, offering insights into the ongoing transformation and its implications for issuers.