Some over-the-top shareholders meetings
can cost millions, which begs the question, "Are they worth the time and money?"
separately held extraordinary general shareholders meetings
Tuesday morning and received approval for their management integration next April.
have also said that they have reached similar deals to cover power consumption for their shareholders meetings
with natural energy.
This practice used to be the norm because companies said they wanted to limit the effect of sokaiya, or corporate extortionists who disrupt shareholders meetings
, but today, more companies are scheduling their meetings at different times.
And, of course, you can attend shareholders meetings
in person to cast your vote.
It was disclosed last year that JAL used undeclared funds to pay off ''sokaiya'' corporate racketeers, apparently to prevent them from disrupting the company's shareholders meetings
Almost all major Japanese companies have ended their general shareholders meetings
this week amid an increasing number of foreign shareholders keeping a sharp eye on corporate profits and dividends, and a collapse of interlocking shareholdings.
UFJ Trust Bank said Tuesday it will begin an Internet-based service in late May to provide foreign investors with information, such as dates and agendas, about shareholders meetings
of companies for which it handles stock-related paperwork.
Sokaiya typically purchase a minimum amount of shares in companies to gain access to shareholders meetings
, which they threaten to disrupt by divulging embarrassing corporate information unless they are paid off.
According to the police, about 1,200 Tokyo companies plan to hold shareholders meetings
About 200 major companies across the nation held their annual shareholders meetings
Wednesday, prior to the busiest day for such meetings Thursday.
Around 7,800 police officers were dispatched across Japan on Thursday to provide security for a total of 2,161 corporate shareholders meetings
held on the day.