TOKYO : A group of investors led by prominent activist shareholder Yoshiaki Murakami said a push by the Tokyo bourse for better capital efficiency will strengthen their crusade to reduce Japan's unusually high number of chronically undervalued stocks.
The move is a testament that firms can no longer brush aside stock underperformance and must end the decades-long practice of asset-hoarding, said Hironao Fukushima, representative director of City Index Eleventh, who works closely with Murakami. The group, which has led a number of high-profile campaigns, holds stakes in roughly 50 companies, including about 10 where their ownership exceeds 5 per cent, although the number is constantly changing, Aya Murakami said in the same interview.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: