Edition:
International

Makiko Yamazaki

UPDATE 1-Toshiba plans to hold EGM by April-end to address activist challenge

Jan 14 2021

TOKYO, Jan 15 Toshiba Corp said on Friday it plans to hold an extraordinary shareholders meeting (EGM) by the end of April to vote on proposals from overseas hedge funds, in what would be a high-profile test case for shareholder activism in Japan.

U.S. hedge fund Farallon joins top Toshiba shareholder in call for EGM

Dec 24 2020

TOKYO (Reuters) -U.S. hedge fund Farallon Capital Management said on Friday it has asked Toshiba Corp to convene an extraordinary shareholders meeting over the firm's investment strategy, the second call for an EGM in a week by major Toshiba investors.

Japan government adviser pressured Harvard with talk of probe before Toshiba vote -sources

Dec 23 2020

TOKYO (Reuters) -A Japanese government adviser told the Harvard University endowment fund that its vote at Toshiba Corp's annual shareholders meeting could be subject to a regulatory probe should it vote against the firm's management, four sources said.

Japan government adviser pressured Harvard with talk of probe before Toshiba vote -sources

Dec 23 2020

* Adviser said vote against management may trigger probe -sources

Top Toshiba investor calls for emergency meeting to investigate July AGM

Dec 17 2020

TOKYO (Reuters) -Toshiba Corp's biggest investor has called for an emergency shareholders meeting to launch a team of legal experts to investigate the firm's annual general meeting (AGM), at which it said the voting rights of several shareholders were compromised.

Upmarket toaster maker Balmuda shares pop 88% in Tokyo debut

Dec 15 2020

TOKYO Consumer electronics maker Balmuda Inc's shares popped 88% in their Tokyo stock market debut on Wednesday, in a vote of confidence in Japan's design credentials after consumers flocked to its high-end toasters and fans.

Upmarket toaster maker Balmuda sees shares untraded on Tokyo debut day

Dec 15 2020

TOKYO, Dec 16 Consumer electronics maker Balmuda Inc's shares were untraded with a glut of buy orders on their Tokyo debut day on Wednesday, in a vote of confidence in Japan's design credentials after consumers flocked to its high-end toasters and fans.

NTT's record bond issue to wrap up bumper year for Japan corporate bond market

Dec 11 2020

TOKYO Japan's Nippon Telegraph and Telephone (NTT) launched the country's biggest-ever corporate bond sale worth 1 trillion yen ($9.57 billion) on Friday, as the telecom giant doubled its borrowing plan encouraged by robust investor interest this year.

Sony to buy AT&T's anime business for $1.18 billion to expand global footprint

Dec 09 2020

TOKYO/NEW YORK (Reuters) -Sony Corp will buy AT&T Inc's animation business Crunchyroll for $1.175 billion, the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses.

World News