Daily BriefsESG

Daily Brief ESG: Could It Be that the Unit Share System Has Helped to Turn Away from Growing Shareholder Interests? and more

In today’s briefing:

  • Could It Be that the Unit Share System Has Helped to Turn Away from Growing Shareholder Interests?


Could It Be that the Unit Share System Has Helped to Turn Away from Growing Shareholder Interests?

By Aki Matsumoto

  • The reason behind “TSE’s request to lower minimum investment amount to around JPY100,000” is to increase stocks that can be purchased with monthly 100,000 yen of NISA’s installment investment limit.
  • While the share unit system has allowed listed companies to reduce various costs, it has neglected the equal rights of shareholders who own less than one unit of stock.
  • Now that advances in shareholder administrative tools can reduce administrative costs, shareholders could be trade as few as one share and be granted the same rights as a single shareholder.

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