Edition:
United States

Junko Fujita

RPT-Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

Apr 23 2019

* Shareholders have long complained about rights in Japan Inc

Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

Apr 23 2019

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.

Head of Japan's Lixil bows to investor pressure in boardroom drama

Apr 18 2019

TOKYO, April 18 Japanese toilet maker Lixil Group's CEO is to resign next month, marking a rare victory for activist minority shareholders who had demanded that he step down.

Nippon Paint pours into Australia's DuluxGroup with $2.7 billion offer

Apr 17 2019

SYDNEY/TOKYO Japan's Nippon Paint Holdings Co Ltd has proposed buying Australia's biggest paint maker DuluxGroup Ltd for A$3.8 billion ($2.7 billion), expanding its global footprint though entering Australia just as a housing boom there falters.

Japan's banks can't blame BOJ for their problems, new head of lobby says

Mar 31 2019

TOKYO Japanese lenders should not blame the Bank of Japan's ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the newly appointed head of the country's banking lobby said.

Shareholders of Japan's LIXIL make rare demand for management ouster

Mar 20 2019

TOKYO, March 20 Four investment firms on Wednesday called for the ouster of top management at Japanese housing products maker LIXIL Group, citing concerns about corporate governance and marking a particularly vocal stand by minority shareholders.

Japan's 2018 commercial land prices rise at fastest pace in 11 years

Mar 19 2019

TOKYO Japanese commercial land prices climbed at their fastest pace in 11 years in 2018, a government survey showed on Tuesday, led by strong demand for office space and a boom in tourism.

Japan's 2018 commercial land prices rise at fastest pace in 11 years

Mar 19 2019

TOKYO, March 19 Japanese commercial land prices climbed at their fastest pace in 11 years in 2018, a government survey showed on Tuesday, led by strong demand for office space and a boom in tourism.

Japan's Daiichi Sankyo explores OTC drugs business sale, hires JPMorgan -sources

Mar 01 2019

TOKYO Japan's Daiichi Sankyo Co is exploring the sale of its over-the-counter drugs (OTC) business and has hired JPMorgan to advise on the potential deal, several people with knowledge of the matter told Reuters.

RPT-UPDATE 1-Managers hired for Toshiba Memory IPO, possibly Japan's biggest in 2019-sources

Feb 20 2019

* Bain-led consortium bought Toshiba Memory last year for $18 bln

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