In today’s briefing:
- Simply Aiming to Reduce Cash on Hand Is Dangerous—a Shift in Mindset Is Needed
Simply Aiming to Reduce Cash on Hand Is Dangerous—a Shift in Mindset Is Needed
- When shareholders have a certain degree of influence through voting rights, management should be expected to conduct operations with discipline and accountability through dialogue with shareholders.
- Simply aiming to reduce cash reserves is risky. The problem with Japanese companies is a lack of awareness that mission is to maximize shareholder interest and sustainably grow corporate value.
- This revision to the Corporate Governance Code may have given investors mixed signals regarding the ongoing formalization—and potential regression—of corporate governance at Japanese companies.
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