In today’s briefing:
- Pre AGM Annual Securities Report Disclosure as a Clue to a True Dialogue with Investors

Pre AGM Annual Securities Report Disclosure as a Clue to a True Dialogue with Investors
- Based on experience with “TSE’s request,” it’s impossible to request the same level of disclosure from every company. Companies that overseas investors can target should be requested to disclose proactively.
- This “FSA’s request” is expected to potentially cause companies to lose the effectiveness of the tactics they have used to control AGMs. Future steps are expected.
- The slowdown in profit margin growth may also increase calls for improved corporate governance practices, with more companies reducing cross-shareholdings and launching stronger shareholder returns.